> Surely some of that is lag time in economic policy
Why? What if constantly launching foreign wars, leveraging up the financial system and running up deficits isn’t sound economic policy?
WW2 really got the US economy going, so maybe the issue it a lack of scale in the warring?
Wasn't trying to be political, just making an observation that 4 years is probably too short of a time to credit policy changes within a single administration.