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Obama Is More Fiscally Conservative Than Reagan

Joe WeisenthalMar 27, 2014, 22:10 IST

Why isn't the economy surging?

Because we're still running a policy of government austerity.

This chart, via our friend Matt Busigin, shows that at this point in his Presidency, Reagan was running a deficit as a % of GDP that's higher than what Obama is today.

Matt Busigin