Economist: Bush and Obama Administrations Did Not Get Credit For All They Did

Again, from the Washington Post:

January 2009 had the worst of circumstances — a once-in-a-lifetime economic emergency during a presidential transition.

Reinhart, for one, thinks the Bush and Obama administrations don’t get sufficient credit for all they did.

“The initial policy of monetary and fiscal stimulus really made a huge difference,” she says. “I would tattoo that on my forehead. The output decline we had was peanuts compared to the output decline we would…