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re: Forbes Mag - Obama outperforms Reagan on jobs growth and investing
Posted on 9/18/14 at 1:22 pm to BobBoucher
Posted on 9/18/14 at 1:22 pm to BobBoucher
quote:Nope. Look at the slopes. Look at the shapes. This has been a very slow and feckless recovery.
the recovery is happening on a similair trajectory to the Reagan recovery.
quote:Indeed. The fed had far greater tools, treasury had MUCH low borrowing costs, and cash flowing into the fed banking system because of an international flight-to-quality. This should have been an easier recession to recover from.
Lets not lose sight that these two recessions were very different, so we could not expect their recoveries to be the same.
What's missing this time is that no one want to spend long term CAPEX on GDP producing assets. You'd do well to ask why that's the case with essentially free money available...
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