Media Malpractice: Obama Had Economic Growth at Same Rate as Great Depression – Media Silent
The Obama Legacy:
— 19 trillion in debt
— 1 in 5 Americans on food stamps
— Worst labor force participation rate since Carter
— Worst GDP rate since Great Depression
— 8 million more Americans working two jobs than when he entered office
— And the only president in history who never scored an annual GDP above 3%
The #FakeNews media’s vicious assaults on President Trump are endless. Never in history has an American president received so much heat from the mainstream media.
Obviously, the liberal media does not want the American public to look at his economic accomplishments.
And that same media continues to cover up Barack Obama’s failed economic numbers.
Obama’s economic numbers rivaled figures from the Great Depression.
Will the liberal media ever report on this?
Wayne Allyn Root at Townhall reported:
Under President Obama we had the eight worst GDP (Gross Domestic Product) years in the history of America. Our GDP was under 3% for all eight years of Obama. That’s never happened since the day our country was founded in 1776.
And during the 1930’s (the entire decade of The Great Depression) our combined GDP for the decade was 1.3%. Guess what our combined GDP was for eight years under Obama?
1.3%. We just lived through an “Obama Great Depression.” Except this time the media never reported it to the people.
Zero Hedge reported on the stunning Obama numbers in June:
The average rate of growth for the U.S. economy over the past 10 years is exactly equal to the average rate that the U.S. economy grew during the 1930s. Perhaps this fact shouldn’t be that surprising, because we already knew that Barack Obama was the only president in the entire history of the United States not to have a single year when the economy grew by at least 3 percent. Of course the mainstream media continues to push the perception that the U.S. economy is in “recovery mode”, but the truth is that this current era has far more in common with the Great Depression than it does with times of great economic prosperity.