When Barack Obama took over from George W. Bush we faced “[…] the worst financial crisis in global history, including the Great Depression,” according to former Federal Reserve Chairman Ben Bernanke.
But as the Obama administration heads into its final year, the economy is expanding, businesses are adding an average of more than 200,000 jobs each month and the unemployment rate has been cut in half.
The efforts of the Obama administration, Democrats in Congress and the Federal Reserve were critical to the
recovery from the Great Recession, according to a recent study by economists Alan Blinder and Mark Zandi.
Attached below is a fact sheet comparing then and now: