Tuesday, September 8, 2015

The Unemployment Rate Is Now Lower Than At Any Time During Ronald Reagan's Presidency

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The facts speak for themselves.

Barack Obama has proven to be a more successful president than Ronald Reagan. President Obama brought the country back from a bigger economic crisis, has a lower unemployment rate, and reduced the deficit instead of shattering the finances of the nation like Ronald Reagan did with trickle down economics.

And President Obama achieved all of it in spite of relentless Republican obstruction.

Some naysayers will point to the fact that the labor-force participation rate has fallen since Reagan's day. That is a red herring and due mostly to the aging population. There are a great many more retired people now than their used to be. Plus more people are in colleges as well. The labor-force participation rate of "prime aged" men between the ages of 25 and 55 has been steadily declining for decades, and in the past 10 years the participation rate for prime aged women has fallen slightly as well.

So go tell you Republican friends that Obama is a better president that Reagan ever was and watch their heads explode.

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