Barack Obama was the worst economic president since World War II.
It’s common knowledge that Barack Obama was the worst economic president since at least 1949.
Barack Obama was the only President to have not had even one year of 3% GDP growth.
Here is the complete list of average annual real GDP growth by postwar president (in descending order):
Johnson (1964-68), 5.3%
Kennedy (1961-63), 4.3%
Clinton (1993-2000), 3.9%
Reagan (1981-88), 3.5%
Carter (1977-80), 3.3%
Eisenhower (1953-60), 3.0%
(Post-WWII average: 2.9%)
Nixon (1969-74), 2.8%
Ford (1975-76), 2.6%
G. H. W. Bush (1989-92), 2.3%
G. W. Bush (2001-08), 2.1%
Truman (1946-52), 1.7%
Obama (2009-15), 1.5%
Barack Obama’s best year of GDP growth was 2.6 in 2015 (a year in which the stock market decreased in value).
2009 — -2.8
2010 — 2.5
2011 — 1.6
2012 — 2.2
2013 — 1.7
2014 — 2.4
2015 — 2.6
2016 — 1.5
Despite these facts the former Obama administration has no hesitation in attacking President Trump on the economy.
Former CIA Director John Brennan was the bitter leftist to lecture Trump on his latest move to save the US steel and aluminum industries.
Former CIA chief John Brennan made a rare appearance on Twitter Wednesday to lash out at President Donald Trump over “ignorance” that threatens U.S. prosperity.
The commander in chief’s recent talk of possible steel and aluminum tariffs prompted a social-media jab by Mr. Brennan this week. The post — 1 of 18 total tweets, with the vast majority related to Mr. Trump or the U.S. Russia probe — questioned the president’s economic acumen.
“You show an amazing albeit unsurprising ignorance of how technology, automation, and the attendant evolution of economics and societies have transformed the world,” Mr. Brennan, who served under former President Obama, wrote. “Your simple minded policies — imposition of tariffs — have the potential to seriously damage our future prosperity.”
You show an amazing albeit unsurprising ignorance of how technology, automation, and the attendant evolution of economics and societies have transformed the world. Your simple minded policies–imposition of tariffs–have the potential to seriously damage our future prosperity. https://t.co/pjhSKcmSdV
— John O. Brennan (@JohnBrennan) March 7, 2018
US steel and aluminum manufacturers announced plans to hire 800 new employees this week.
