Wednesday, July 3, 2019

On the Fact that Net Private Domestic Investment During the Obama Years Was Only 2% of GDP, Approximately a Third of What it Had Been On Average from 1960 to 2008 - https://www.forbes.com/sites/rexsinquefield/2016/11/29/obama-and-the-dems-dismal-recovery/#1fd5d514cb0e

Well that certainly explains why a) GDP growth hovered around 2% a year during Obama's reign (the low investment undoubtedly a function of Obama's crippling regulations, his high tax-rates, etc.) and b) the dude's recovery was the most anemic in U.S. history...….There, now if we could only get the Dems (and increasingly the Republicans as well - Mitch McConnell, a case in point) to learn from this (they won't, of course), we'd be all set.

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