When It Comes To Job Creation, Obama Doesn’t Hold A Candle To Reagan

From Forbes:

When Ronald Reagan became president in January 1981, the nation had just endured a recession the year before. Then another recession materialized on Reagan’s watch in a few months’ time, in the fall of 1981.

The labor force participation rate—which measures the proportion of the population at work or looking—had been rising throughout the 1970s, but it took a drop down, to 63.5%, as the latter recession came. Unemployment, at 7.5% when Reagan took office, shot all the way up to 10.8% within a year and a half.

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