Debate Club

Is Obama Turning the Economy Around?

Is Obama Turning the Economy Around?

According to employment statistics from the Labor Department, the jobless rate in the United States has been dropping steadily since August, and the economy added 227,000 jobs last month, making February the third straight month of job gains over 200,000. Likewise, civilian labor force participation, the number of people working or looking for a job as a percentage of the entire working-age population, grew by 0.2 percent in February—the largest single-month jump since 2010, albeit a modest one. Manufacturing and temporary employment also grew in February, indications that may signal continued improvement.

The Obama administration has heralded the good economic news as being a result of the president’s American Recovery and Reinvestment Act, but many still believe that the president’s policies have failed. The economy lost jobs in government and construction last month, and unemployment remains disproportionately high among blacks, Hispanics, and young people. Obama’s critics point toward rising gas prices and a still historically bad unemployment rate as signs that Obama could be doing a better job on the economy.

Is Obama turning the economy around? Here’s the Debate Club’s take:


The Arguments

#1
281 Pts
Obama Has Tried All the Wrong Policies

No – Obama Has Tried All the Wrong Policies

Daniel Mitchell Senior Fellow at the Cato Institute

#2
94 Pts
It's Not the Economy, Stupid--It's Entitlement Spending

No – It's Not the Economy, Stupid--It's Entitlement Spending

David Primo Author of 'Rules and Restraint: Government Spending the Design of Institutions'

#3
64 Pts
Obama's Policies Have Not Turned the Economy Around

No – Obama's Policies Have Not Turned the Economy Around

William W. Beach Director of the Center for Data Analysis at The Heritage Foundation

#4
-142 Pts
President Obama's Policies Revived the Economy

Yes – President Obama's Policies Revived the Economy

Andrew Fieldhouse Federal Budget Policy Analyst at the Economic Policy Institute

#5
-153 Pts
Obama's American Recovery and Reinvestment Act Has Been a Success

Yes – Obama's American Recovery and Reinvestment Act Has Been a Success

Heather Boushey Senior Economist at the Center for American Progress

#6
-209 Pts
Obama Deserves Credit for the Recovery

Yes – Obama Deserves Credit for the Recovery

Dean Baker Author of 'The End of Loser Liberalism: Making Markets Progressive'


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