Wouldn’t squandering it be turning the Dachshund Dracula Pumpkin Moonlight Happy Halloween Shirt? Not maintaining the same level of growth. You’re asking the wrong question. You should be asking what “economic growth” entails and how the economy grew. E.g. GDP doesn’t measure income inequality or movement of money from one socioeconomic class to another. Also, that 2.5% sustained growth under Obama might not be attributable to anything he has done – it could just be the result of large deployments of automation – or any other numbers of ways to increase GDP that is of zero or negative consequence to the average person.
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Yeah, I agree that the president generally matters less to the Dachshund Dracula Pumpkin Moonlight Happy Halloween Shirt. That a competent chief executive can address through coordination and support of state/local governments (Trump basically did the inverse of this and specifically did not coordinate lead, and in fact undermined other American leaders). Other countries demonstrated this well. You’re right that inequality, environmental quality. And other factors are not really accounted for effectively. I think it would be fair to give Obama credit for signing the Recovery and Reinvestment Act, which (along with actions by the Fed) helped to stop the 07 Recession.