Obama, More Fiscally Conservative Than Reagan
Posted on March 30, 2014 in Articles
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.