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Reagan vs Obama

 
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PostPosted: Sat Jun 13, 2015 7:21 am    Post subject: Reagan vs Obama Reply with quote

PeakTrader:

We could've had a stronger recovery after the 2007-09 recession, i.e. a U-shaped recovery rather than an L-shaped recovery.

However, in the Reagan V-shaped recovery, there was pent-up demand, a wall of private saving (from high interest rates and inflation), little government debt, along with a more balanced budget (Carter was a fiscal conservative), and 80 million Baby-Boomers (born between 1946-64) entering “prime-age” (35-54).

In the Obama recovery, we had diminished marginal utility, high household debt, high government debt, along with budget deficits, and the Baby-Boomers leaving prime-age.

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