“whereas the economy expanded more than 4 percent annually for Ronald Reagan and Bill Clinton.”
We should not give der Schlickmeister credit for a 4 percent growth. None. The economy was already growing for a long time before candidate Clinton came up from Arkansas and swindled the voters into believing the economy was not growing. He then raised taxes, sank the stock market, and tried to impose Hillarycare on the country. It should not read grew 4 percent “under” Clinton but “despite” Clinton.
The Newt Gingrich and the Republicans controlled the House of Representatives for the last six years of the Clinton presidency. Clinton was a lot smarter than 0bama. Clinton made deals with Gingrich and the Reagan boom was still continuing. Of course, Clinton claims ALL of the credit.