How many recessions did Obama have during his presidency?

How many recessions did Obama have during his presidency?

Obama inherited a recession from Bush II that began in December 2007 and ended in June 2009, according to NBER, the longest economic downturn since World War II. Under that Reagan-to-Trump timeline, the Republican presidencies had four recessions start in their terms: one each under Reagan and George H. W. Bush, and two under George W. Bush.

Which presidents had the longest recessions in US history?

December 2007-June 2009–W Bush/Obama–last five months under Democrat The longest recessions were under W Bush and Obama; Reagan; and Nixon/Ford, with the unemployment rate reaching 10 percent, 10.8 percent, and 9 percent respectively in those recessions.

How many Democratic presidents have had no economic recession?

There have been 8 Democratic Presidents over the past 100 years to hold the oval office. 3 of which had no economic recession under their tenure. Barack Obama inherited a recession from George W. Bush that lasted until June 2009, his first year in office. Recession while in office?

Which presidents inherited a recessionary economy?

Jan. 20, 2009: President Obama escorts former President Bush to a waiting helicopter behind the U.S. Capitol after Obama’s inauguration ceremony in Washington. (Reuters) NEW You can now listen to Fox News articles! Three of the last six U.S. presidents have inherited a recessionary economy: Ronald Reagan, George W. Bush, and Barack Obama.