Vulgar Empiricism Obama V Reagan

Just compare the graphs (reminder, mainly to myself, at least with Chrome, you have to click “read more” to see the graphs)





Overall Reagan saw a decline of 0.5% from 7.5% in January 1981 to 7.0% in September 1986, while Obama saw a decline of 1.9% from 7.8 % inJanuary 2009 to 5.9% in September 2014. Unemployment started higher (and very rapidly rising) when Obama was inaugurated and is now lower than it was at this point in Reagan’s second term.

Quick pop quiz. If US adults were polled and asked if they agreed with “The unemployment rate has declined more since Obama was inaugurated than it did from Reagan’s inauguration to September of his 6th year” what fraction would, correctly agree ?

The only Republican Presidents to reach this point since the official series began were Reagan, Eisenhower and Bush Jr. From Janaury 1953 through September 1958 the unemployment rate increased from 2.9% to 7.1%

The only one who beat Obama’s record so far is George W Bush Jr (and we remember how that presidency turned out).