Commenting on his exchange with Ali Velshi on CNN’s American Morning where that latter dismissed as a talking point his observation that “barring a sudden drop in the unemployment rate between now and November 2012, the unemployment rate for every month of Obama’s presidency will be higher than it was for every month of Bush’s two terms”, Jim Geraghty makes a great point which I may find echoed in the Gipper’s new book:
I suppose either you find the comparison of the economic performance under Bush and under Obama relevant, or you don’t. It seems that the pro-Obama argument relies on the notion that the Great Recession just happened, and there just wasn’t much Obama could do about it over a four-year period. (Of course, if there was nothing that could be done to really mitigate it, that more or less undermines the central argument of liberalism that sufficient government spending can create economic growth.)
Emphasis added. Interesting how he put the meat in the parenthetical.