SIMPLY THE WORST=> Obama is First President Ever to Not See Single Year of 3% GDP Growth

Obama’s just like Reagan… Except when he isn’t.

obama reagan

The rate of real economic growth is the single greatest determinate of both America’s strength as a nation and the well-being of the American people.

On Thursday the Commerce Department announced that the US economy expanded at the slowest pace in two years. GDP growth rose at an anemic 0.5{a60dec675160a2e6a5acd013715a29e36a19eec043ef8a9979ad47849a192b7b} rate after a paltry 1.4{a60dec675160a2e6a5acd013715a29e36a19eec043ef8a9979ad47849a192b7b} fourth quarter advance.

Ronald Reagan brought forth an annual real GDP growth of 3.5{a60dec675160a2e6a5acd013715a29e36a19eec043ef8a9979ad47849a192b7b} .
Barack Obama will be lucky to average a 1.55{a60dec675160a2e6a5acd013715a29e36a19eec043ef8a9979ad47849a192b7b} GDP growth rate.

This ranks Obama as the fourth worst presidency on record.

Barack Obama will be the only U.S. president in history who did not deliver a single year of 3.0{a60dec675160a2e6a5acd013715a29e36a19eec043ef8a9979ad47849a192b7b} + economic growth.

According to Louis Woodhill, if the economy continues to perform below 2.67{a60dec675160a2e6a5acd013715a29e36a19eec043ef8a9979ad47849a192b7b} GDP growth rate this year, President Barack Obama will leave office with the fourth worst economic record in US history.

Assuming 2.67{a60dec675160a2e6a5acd013715a29e36a19eec043ef8a9979ad47849a192b7b} RGDP growth for 2016, Obama will leave office having produced an average of 1.55{a60dec675160a2e6a5acd013715a29e36a19eec043ef8a9979ad47849a192b7b} growth. This would place his presidency fourth from the bottom of the list of 39*, above only those of Herbert Hoover (-5.65{a60dec675160a2e6a5acd013715a29e36a19eec043ef8a9979ad47849a192b7b} ), Andrew Johnson (-0.70{a60dec675160a2e6a5acd013715a29e36a19eec043ef8a9979ad47849a192b7b} ) and Theodore Roosevelt (1.41{a60dec675160a2e6a5acd013715a29e36a19eec043ef8a9979ad47849a192b7b} )

Comments

As a privately owned web site, we reserve the right to edit or remove comments that contain spam, advertising, vulgarity, threats of violence, racism, anti-Semitism, or personal/abusive attacks on other users. The same applies to trolling, the use of multiple aliases, or just generally being a jerk. Enforcement of this policy is at the sole discretion of the site administrators and repeat offenders may be blocked or permanently banned without warning