Just about this time in 2010, the Obama administration, in the person of Treasury secretary Timothy Geithner, proclaimed to the world that the economic recovery had begun. “Welcome To The Recovery” was the title of Geithner’s op-ed in the New York Times. “Exports are booming,” Geithner boasted. “Businesses have repaired their balance sheets and are now in a strong financial position to reinvest and grow.”
Someone at one of the debates should ask how, after a short burst of reasonable growth in 2010, George W. Bush was able to reach out and crush the Obama economy.