1) Obama "inherited" the worst set of economic conditions since World War II.
False. Based on unemployment, inflation and interest rates, the
recession of 1981-82 was worse. Unemployment during the early '80s
reached 10.8 percent, inflation 13.5 percent, and prime interest rates
reached 21.5 percent.
During this so-called "Great Recession," the
numbers peaked at 10.2 unemployment, 5.6 percent inflation and 7.25
percent for the prime interest rate.(For four more of "The Five 'Reasons' to Re-elect Obama" follow this link.)
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