Obama, More Fiscally Conservative Than Reagan

Obama Reagan

The Article: Obama Is More Fiscally Conservative Than Reagan by Joe Weisenthal in Business Insider.

The Text: Why isn’t the economy surging?

Because we’re still running a policy of government austerity.

This chart, via our friend Matt Busigin, shows that at this point in his Presidency, Reagan was running a deficit as a % of GDP that’s higher than what Obama is today.

Deficit GDP

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