Guess who wins in a rout. Bet you can.
There are recoveries and then there are recoveries, and one pattern we’ve discussed here before is that an economy bouncing back from a recession should – according to the historical pattern – see pretty robust growth. If for no other reason, an economy that’s receded has a ways to go up to return to its mean.
Our friend Stephen Moore ran the numbers, looking at the recoveries that followed the last six recessions. For Barack Obama, the comparison demonstrates how not to do a recovery. It also points very clearly to the president you would look to as a role model for how to do it right: