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Politics : Formerly About Advanced Micro Devices

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To: Mongo2116 who wrote (853166)4/30/2015 7:04:03 AM
From: longnshort5 Recommendations

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When Ronald Reagan took over from Jimmy Carter in ’81, things were actuallyworse economically compared to when Obama took over from George W. Bush in ’08.

Consider these three important comparisons of economic indicators, then and now:

– Unemployment was at 10.8% versus 7.7%

– Inflation (Consumer Price Index) was at 13.5% versus 2.7%

– Interest rates (prime rate) was at 21.5% versus 3.25%In other words, Reagan inherited a bigger mess. Yet, there’s this chart of job growth:

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