October 31, 2012

Latest PJ Media Column (‘The Obama Economy: Still Not Recovered’) Is Up

Filed under: Economy,Taxes & Government — Tom @ 8:29 am

It’s here.

It will go up here at BizzyBlog on Friday (link won’t work until then) when the blackout expires, and just in time for the final preelection jobs report.

Here are the two graphs included in the column (click on each graphic to view in larger form in a separate tab or window):

RealPerCapitaGDPunderReagan RealPerCapitaGDPthru3Q12Oct28

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3 Comments

  1. Hey Tom,
    I thought that a while back, you had a post where you compared the total GDP recovery for Reagan vs. Obama and it showed that we have finally (after 12 or 13 quarters) recovered. That is to say that the US GDP is at the level it was before the recession.

    Those numbers are, of course, different from per capita GDP. I have another question about ‘per capita’ GDP. Is ‘per capita’ based on the US population or the declining labor pool or something else? If per capita is based on the labor pool, then the per capita GDP is even worse than it looks because you’re now dividing GDP by a smaller number.

    Comment by GW — October 31, 2012 @ 10:42 am

  2. GW, thx for your comment.

    Yes, GDP is back to where it was before the recession, but not GDP per capita as you indicated and the graphs at this post show. GDP per capita is based on total population.

    Comment by Tom — October 31, 2012 @ 7:26 pm

  3. [...] column was posted at PJ Media and teased here at BizzyBlog on [...]

    Pingback by BizzyBlog — November 2, 2012 @ 7:03 am

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