Good Grief… US GDP Rate Under Obama Lower Than Cuba and Pakistan

How does he do it?

The US GDP rate under Barack Obama is lower than the GDP rates of Cuba and Pakistan.
Frontpage reported, via Free Republic:

The United States is already below 75 percent of the world in GDP growth. That means we’re well below Egypt, Mexico and Albania. Forget beating China, which is No. 10 while we’re No. 166 and falling, we need to start figuring out how to get ahead of our immediate rivals, Bosnia, Jamaica and Cuba.

After a weak 2011 when GDP growth was just 1.8%, this year’s growth rate looks even weaker. Today the Commerce Department revised second-quarter GDP growth to just 1.3% (1.25%, actually). As a result, many banks are now looking for growth of around 1.5% for the rest of the year — with plenty of downside risk. Full year GDP might be less than 1.5%, putting the economy at heightened risk of falling back into recession.

Meanwhile over in Cuba, where their Socialists are slightly more competent than our Socialists…

Cuba’s gross domestic product grew 2.1 percent in the first half of the year compared with the same period in 2011.

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  • Patty

    I want to CRY. Really, what has Obama done. Sure things were bleak but Obama has compounded things worse.

  • SeniorD

    Actually, a deceased, decomposing Socialist is better than the Inept One and his sycophants.

    Having a Gross Domestic Product lower than Cuba is really saying something about what used to be called the Untied States.

  • Patty

    http://www.youtube.com/watch?v=h1-a-1jmON4&feature=player_embedded

    new ad. And these are the Americans who will bring back AMERICA.

    BUT THANKS, JOE. YOU ARE A FUNNY MAN. YOU GIVE US MUCH TO WORK WITH.

  • Highlander

    The only way the rest of the world is going to catch up to the US, and enjoy Obama’s “redistribution” of our wealth, is if we slow down … waaaaay down. That has been his stated goal from the beginning, and anyone who expects that to change is either completely stupid, or high on something….

  • dba_vagabond_trader

    A feature not a bug. Cutting us down to size.

  • Patty
  • Patty

    Seriously, who has Obama helped? Himself and his friends, definitely. And in the debates I can only hope that this will be one of the main issue for Romney.

    Obama started with Obama care and I believe that was the #1 mistake of his first term.

    Bailouts, stimulus, green projects that failed and housing crisis. And now this on gdp rate.

    When your 4 years of presidency has caused a further downgrade of our economy, you need to go. And taxing the rich isn’t the answer and more regulations on Coal and admitting “they will go bankrupt” that in itself has made many job creators very nervous.

    ~~~~~~~~~~~~

    http://www.mittromney.com/blogs/mitts-view/2012/07/president-obamas-economic-plan-hasnt-worked

    NOW, ROMNEY NEEDS TO EXPLAIN HOW HE WILL DO THINGS DIFFERENTLY, IF HE DOES THAT HE WILL WIN THE DEBATE.

  • Patty

    What hurt Obama the worse was Obama care. Starting with that and the Bailouts was one of the most disastrous endeavors of his presidency. He probably wishes he could go back in time. I KNOW I WOULD, IF I WERE HE.

    But with Obama’s socialist and racist views for America, nothing he could have done or will do could help are gdp, you see, we have facts on his policies and his plans for America, and they too have been disastrous.

  • http://barncatjones.podomatic.com SteveJ

    Make sure you say it right: POCK-ee-stohn. Then you’ll be one of the smart people.

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  • Patty

    In other words, in a flailing economic environment we should focus on what actually exists and what already works. A government concerned primarily with recovery simply can’t invest money we don’t have in technologies that–like algae–may prove unworkable.

    Clearly, recovery is not at the top of the federal government’s agenda. Its highest priority, at least where energy is concerned, seems to be supporting unrealistic schemes just to satisfy its own rent-seeking desires. A desire to conserve resources certainly isn’t the administration’s priority, because large-scale production of algae biofuel would drain the American landscape of resources that could be used more efficiently elsewhere. Worse, the administration rejects the use of fuel sources that are not only cheaper and better established in the United States, but, if fully developed, would create thousands of jobs. (See: Keystone Pipeline.)

    http://www.capitalresearch.org/2012/08/algae-energy-dead-in-the-water/

    And again, Solyndra, FAILURES. Now, China blowback: Chinese co. sues Obama over ‘state security’ wind farm ban

    http://rt.com/news/chinese-company-sues-obama-547/

    NOW THINK ABOUT THIS, COAL INDUSTRY HERE IS NEARLY DEAD AND SOME COAL MINES, AS OBAMA SAID HAVE GONE BANKRUPT.

    The millions in Productivity lost, rather say BILLIONS, think how many would be insured and think what exactly IS Obama fault. We have seen Americans in lines waiting for a check from Obama government, hand outs, no jobs Obama has been the cause of this but the liberals who have caused much of this will say differently. And the endless cycle begins. IT IS OBAMA NATION, AND HE IS DESTROYING AMERICA.

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  • democraps suck

    The mooslime does it because he hates America and Americans…the other countries have dictators that just want to rule but like their country

  • Redwine

    OT
    This is scary – and reminiscent of Nazi-run experiments on humans. The EPA must be quashed. They are a dangerous tool of the regime. G-d forbid another four years of this.
    “The EPA’s Disturbing Human Experiments”
    http://frontpagemag.com/2012/arnold-ahlert/the-epas-disturbing-human-experiments/

  • aprilnovember811

    They all just let him do it. They worked with him, instead of working against him. Boehner, McConnell always working with him on CR, etc.

  • PegLeg

    And all Captain EyeCandy has is to tax the “millionaires and billionaires” who make $250K! All the egghead economist that advised this fool have jumped ship and gone back to the ivory towers! Sad thing is, he is “likeable” and “cool” and that’s all that seems to matter to so many!

  • PegLeg

    Oh by the way, Koch Bros, Citizens United, Sandra Fluke, War on Women, Todd Akin, Bain Capital, Ryan ran a marathon, Seamus the dog, Mitt hazed a gay kid, two wars on a credit card, tax cuts for the wealthiest among us, …………………………!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

  • Larkin

    “How does he do it?”

    …on purpose.

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