Obama seems to forget history. In the late 1970s when inflation was in double digits, unemployment about at current levels and an economic malaise gripped the country all this turned around in less than three years and by 1983 we were seeing GDP growth of 6-8% per quarter. What happened..Reagan stopped all economic stimulus spending, cut the size of government and implemented tax cuts. A Democratic Congress phased the tax cuts over three years or the recovery would have been in a single year.
bttt