Benen: Roosevelt Was Reelected With 17% Unemployment; “8%” Figure Unrealistic Comparison
“The nation is still burdened by high unemployment four years after the disaster? Of course the nation is still burdened by high unemployment four years after the disaster. This recovery isn’t as robust as other modern recoveries? Of course this recovery isn’t as robust — other modern recoveries didn’t have as far to go to make up ground. (They also didn’t have mass public-sector layoffs undermining growth, along with the worst Congress ever.)
“As I explained a while back, no president since FDR has won with an unemployment rate this high because no president since FDR has had to govern at a time of a global economic crisis like the Great Depression or the Great Recession.
“To draw comparisons without this context is to take an incomplete look at the facts.”
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