This is a good as it gets?

There is an excellent WSJ article Friday.  “This is a good as it gets?  Growth of 1.7% isn't what Team Obama promised four years ago” 

http://online.wsj.com/article/SB10000872396390444813104578016873186217796.html?mod=opinion_newsreel 

GDP growth in the 12 quarters after a recession 

Average since WWII                        15.2% 

Ronald Reagan                                 18.5% 

Obama                                              6.7% 

Please also see “Michael Bordo: Financial Recessions Don't Lead to Weak Recoveries

The evidence since 1880 shows a faster pace of recovery. The Obama years are the exception.”  

http://online.wsj.com/article/SB10000872396390444506004577613122591922992.html?mod=opinion_newsreel 

Unfortunately, Obama is so committed to his leftist ideology, he is not capable of changing course and tacking to the center as Bill Clinton did after 1994.  Obama makes clear he will double down on the same failed policies.  Obama wants massive tax increases in Obamacare and in addition.  There is a regulatory avalanche worse than his first term waiting to fall on American businesses. 

And the economy will do better in Obama’s second term? 

WSJ concludes: “Mr. Obama is running for re-election trying to convince Americans that an economy limping at less than 2% growth, 8% unemployment, real incomes down 5.7% since the recovery began, and deficits of more than $1 trillion is the best we could achieve. We liked it better when he stood for hope and change.”