Skip to content
Subscriber Only
Luigi Zingales

We Would Be Better Off Had Romney Been President

The U.S. economy has improved under President Barack Obama. But by all the measures Democrats use, Americans would be better off today if Mitt Romney had led the country for the past four years.

The Democrats are substantially right when they answer Ronald Reagan’s famous campaign question -- Are you better off today than you were four years ago? -- in the affirmative. Gross domestic product per person is higher, and so is the stock market. It’s not fair to blame Obama for the surge in unemployment that occurred in the first six months of his administration. Even this statistic has improved since August 2009.