News and Commentary

Reagan vs. Obama: How Capitalism Solves Economic Problems

Hank Berrien

Comparing the economic recoveries of Barack Obama and Ronald Reagan, as well as the presidents in between, data shows how the capitalist policies of Reagan’s were far more successful than the socialist policies of Obama and more successful than the less capitalist policies of George H. W Bush and Bill Clinton.

Richard W. Rahn, writing for The Washington Times, points out that the U.S. economy is growing at the slow rate of 1% per year, which makes reducing the debt and creating more jobs more difficult.

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