At last Saturday’s White House Correspondents’ Dinner, President Obama declared he was determined to “make the most of every moment” left in office, saying he had been working on a “bucket list” that included executive action on immigration and climate regulation….
Regardless of what items Mr. Obama checks off, he will leave to his successor a staggering array of domestic problems, some he ignored and many he made worse.
Slow economic growth will be at the top of the list of problems. The pattern of American history has been that the more severe the recession, the stronger the recovery. Until now. In Mr. Obama’s recovery, average annual growth has been the slowest since the U.S. began compiling reliable economic statistics near the 20th century’s beginning—a feeble 2.9%. This year is off to an even slower start, with GDP growing 0.2% in the first three months.
The number of jobs also will be on that list.