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Economic Viewpoint

The November 8 election and the U.S. economy- Part 1

October 20, 2016
François Dupuis, Vice-President and Chief Economist • Francis Généreux, Senior Economist

Barack Obama’s first mandate began when the U.S. economy was in the throes of the economic and financial crisis. That crisis continues to mark the Obama years, nearly eight years later. On one hand, the magnitude of the recession, the atypical growth cycle that followed, and conflicts with his political opponents in Congress darken the picture we can draw of this period. On the other hand, the recovery situation and momentum of his second term improve the image of the 44th President of the United States.

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