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Handy graph to carry around (Original Post)
kpete
Oct 2020
OP
niyad
(113,464 posts)1. Very handy.
pat_k
(9,313 posts)2. I'd like to see a measure of the distribution of any growth in GDP and wealth. . .
That's a measure that would be meaningful.
If growth in GDP and national wealth is evenly distributed, we have indeed made progress. If a vast majority goes to the top 20%, the administration failed the nation.
GopherGal
(2,009 posts)3. Also show it by "average annual growth"
i.e. divide each job growth number by the length of the term. Ike, W, Clinton and Ronnie had 8 years. Nixon 6. Correcting for that might even out the bars a little.
pat_k
(9,313 posts)4. Of course! I didn't think of this. Thanks!
Wounded Bear
(58,673 posts)5. Reagan rode the early tech wave...nt
Boogiemack
(1,406 posts)6. Yep. Go back and remember what your economic life was like under the Clinton/Gore administration
The rising tide was lifting all ships. Had Obama been able to get the good will of the corporate money bags, he was on his way to repeat those numbers. It is amazing that he was able to accomplish all that he did under the obstructionist circumstances.