Tag Archive: GDP

President Obama’s high-water mark

President Obama at the Tomb of the Unknowns, Nov. 11, 2016.

President Obama at the Tomb of the Unknowns, Nov. 11, 2016.

President Barack Obama is leaving office on a high note. Many people might not remember what it was like when Obama took office in January 2009. The Bush Recession was underway, and America was losing 779,000 jobs per month. Stores were closing. Restaurants were empty. And our treasury was also empty (in fact, trillions in debt) from Bush’s disastrous Iraq War. Obama, with no help from the Republicans, turned things around to the point where he will be turning over a country that, by most objective measures, is doing very well. Let’s take a look at some of those numbers, so that we will have a comparison for the future: