As President Obama leaves office, it’s time to reflect on how the economy fared during his tenure. Because of the size and complexity of the U.S. economy, I have generally believed that presidents take too much credit or blame for what occurs on their watch. In many cases, bad luck or good fortune can play a larger role in a particular president’s economic performance than actual policy.
Read MoreHow was the job market in 2016? With the final employment numbers of 2016 now in, it’s time to award medals to various components of the labor market.
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