Despite All of His Bush-Bashing… GDP Growth Was Greater During the Bush Years Than Under Obama

It’s not news that Barack Obama likes to blame George Bush’s ‘failed policies’ for all of the problems in America today.

But now we know that after four years of Barack Obama the economic growth during the Bush years was greater than during the Obama era.

(Trading Economics)

Despite the Clinton recession, the Attack on 9-11, Hurricane Katrina, two wars in Iraq and Afghanistan, and the mortgage crisis that caused the 2008 financial collapse, GDP growth during the Bush years was higher than during the Obama years.

Under George Bush GDP growth was an average 1.67 percent.
Under Barack Obama GDP growth was an average 1.53 percent.
(Numbers from Trading Economics)

Remember this the next time Obama bashes George W. Bush.

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  • Tabby

    He’s got a nerve….Failed policies.. When his policies failed eons ago & 100% of the time they’ve been tried! There’s no more failed a policy than that of socialism! (The rest of the world knows this & are all moving toward capitalism. Even communist China is changing their economic model to the free market).. Such an ass..

    BTW funny I was going to share this link anyway & have it running in the background & here he mentioned TheGatewayPundit in it. lol

    Check it out;
    Obama Gives Al-Qaeda Missiles To Attack America And West!
    https://www.youtube.com/watch?v=kGk4wz1DVYA&list=UUvsye7V9psc-APX6wV1twLg

  • Tabby

    In case you missed it before; it’s a list we should all have on hand & reference when doing any business.
    The Big List of Who Hates Guns 🙂
    http://dailycaller.com/2012/03/01/the-big-list-of-who-hates-guns/

  • Neo

    Unexpectedly, GDP growth during the Bush years was higher than during the Obama years.

  • Tom Doniphon

    It is a little early to be making this comparison! The U.S. economy is remarkable and resilient. I fully expect the economy to survive and overcome Obamanomics! If that happens, some good numbers ahead will take Obama GDP look much better. We better be hoping for good times ahead!

  • Sasja

    The low information voters, aka, the stupid and lazy, could care less. They are living their utopia. No hafta work and yet drive a decent car, have their 52 inch tellys, have the taxpayers foot the bills for their food, medicaid. What’s not to like?

  • Militant Conservative

    The economy will rebound due to Obama relaxing regs on the oil industry.

    This will happen so he can ensure his “legacy”. The he will campaign for another

    term, as the Messiah. Evil has much to do, America begged for this and God is going to

    make sure we get a gut load of it. Has to be. Nice thing is to see it unfold in my day.

    Powder is dry

  • Oliver

    It is my firm belief that Obama does not want the economy to grow.

    People assume he does, and react accordingly when his policies fail. Everything he does is anti-growth, so why do we assume he’s pro-growth?

    (Blaming Bush has just been a way to cover his “failures”, which in his mind are not failures at all.)

    Beware the false liberal premise.

  • Oliver

    Remember this compelling video: “If I wanted America to fail…”

    http://www.youtube.com/watch?v=CZ-4gnNz0vc

    and another one worth watching: Can you guess who I am?
    http://www.youtube.com/watch?v=rrjU-HBkmLE

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  • saveus

    facts don’t matter to “progressives” or democrats

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  • Tom Doniphon

    I missed huge upside in stock market during first four assuming that he would destroy the market! The point is not that he will try to command and control the economy, but that the economy is smarter than he is!

    CEO’s downsized, held back the cash, took his incentives, reduced to part-time, worked the tax code, whatever they needed to do to maintain their profits! When the time is right, they will jump in the middle of the rising tide!

  • Lim Lynn

    Maybe, Barack Hussein Obama ought to learn from George Bush policies and FAQ to spend less.

  • bush’s GDP was a failure he wanted to go higher. obama’s GDP is a success he wants it lower.

  • occam

    The Dow doubled under Obama. Capitalists and shareholders did very very well. Only “socialists”pretend to care about the wage earners

  • #17…the dow doubled under obama. it did?

  • shadow

    Of, the fun we can have with averages. If you take the average of unemployment under both the Bush and Clinton administrations, they appear to be equal, 5.3% for Bush and 5.2% for Clinton. However, that doesn’t tell the whole story. Ya see, Clinton inherited a 7.3% unemployment rate, and left it at 4.2%. On the other hand, Bush inherited that 4.2% rate, but left with it at 7.8%, and rising … rapidly.

    The same goes for the growth rate. When Bush took office we had a mild recession, with the growth rate at -2%. However, when he left, we were in a major recession with growth at around -9%. Since we’ve recovered under Obama, we have not returned to negative growth.

  • Pingback: State of Denial: ‘We Don’t Have a Spending Problem’ | therightplanet.com()

  • George W. Bush netted the US Economy 1.1 million new jobs over 8 years. That was 1.8 million new (bigger) Government jobs. And a shrinking of private sector jobs by more than 600 thousand! Yes, the only reason George W. Bush was able to have ANY positive job growth was by growing the size of Government.

    By contrast, Obama has seen 2.3 million new Private Sector jobs netted to the Economy. But only 1.6 million total jobs, because Obama has seen a shrinking of Government jobs by more than 600 thousand. Still, Obama has already netted more jobs to the US Economy. And MILLIONS more “Private Sector” jobs, the kind that many Conservatives claim are the ONLY kind that actually grow the Economy.

  • James

    1.67 percent is extremely low growth rate. Carter’s whose term was plagued by high inflation had an average growth rate of 3.3%. Clinton’s was 3.5%. Lyndon Johnson was close to 5%, and Reagan’s was 3.4%. Keep in mind, Obama’s first term continued many of Bush’s economic policies most notably all of the Bush tax cuts.

  • ILikeMySteaksMediumRare

    Economic growth would have been much slower under Bush had the economy not been artificially goosed by unwarranted deficit spending, a doubling of consumer debt between 2000 and ’07, the worst housing bubble in U.S. history, and Fed policies intended to encourage growth but which in fact encouraged financial speculation and all of the aforementioned.

  • The Truth

    the clinton recession?it started march of 2001 BUSH was in office 2 months. the difference between blaming bush is that they are blaming bush for what BUSH did.for example bush the last quarter of HIS time in office ran a 1t deficit,that was oct-dec 2008, the right like to say that was obama,if you point out it was bush,they say your blaming bush.BUSH had 2 recessions,2 unpaid war,doubled the deficit and budget.
    bush also did not have a congress that refused to do a damn thing.the dem did not filabuster everything bush did,bush NEVER had 60 vote in senate.

  • danc45

    What a joke! He grew the GDP more? That seems to forget about the largest GDP shrinkage since the Great Depression. This post plays people for idiots. Also, Obama has created more jobs than Bush did. However, I guess we can give Bush credit for allowing the most domestic terrorist deaths. Bush was a joke in a job so damn far over his head. The post was written by a Republican history revisionist.

  • wifenum2

    What about the Dow, S&p, GDP Growth, unemployment, deficit % of GDP, and lastly consumer confidence?

  • john buonocore

    James , Keep in mind IT’S BEEN 7 YRS.

  • john buonocore

    ILikeMySteaksMediumRare, Thank,

    2007-2008 DUMB DEM OCRAPS control Congress

    2008-2010 DUMB DEM OCRAPS control Presidency,
    Senate & House

    Super majority for 134 days.

    2010-2014 DUMB DEM OCRAPS control President
    & Senate

    Do you FOOLS see a
    pattern??????????????????????????????????????