rightwinger
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- Aug 4, 2009
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Reagan did not have to deal with four million baby boomers retiring every year. He also still had women entering the workforce.5% unemployment
Lower than Reagan ever saw
Reagan would have seen a lower unemployment rate than 5% if he also had a labor force participation rate of only 62.4%. But in any event, that's only ONE MONTH. To properly assess any President, you have to look at EVERY MONTH they were in office and average the results. One month of 5% unemployment does not make up for an average of 7.88% unemployment over 82 months!
Average depends a lot on what you started out with. Bush started at 4.2% and left with almost 8%......but had a good "average"