After 8 Years It’s Clear=> Obama’s Economic Policies Cannot Hold Up to Reaganomics

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

obama reagan

Ronald Reagan brought forth an annual real GDP growth of 3.5% .
Barack Obama will be lucky to average a 1.55% 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% + economic growth.

Obama will be lucky to average 2% growth in his final year in office.

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

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

And as far as job growth Barack Obama has been a complete failure — despite what he says.

Barack Obama likes to boast about creating jobs and the liberal media establishment lets him get away with it but here is the truth —
Obama’s purported job creation has not kept up with population growth according to DC Whispers.

Contrast that to the Ronald Reagan years when job creation greatly outpaced population growth.

Then there’s this…
94% of new jobs during the Obama years were part-time jobs.

During the Reagan years those who wanted to work could work. The GDP and job growth was strong.

Obama’s big government socialist policies have been a complete disaster and Americans know it — no matter what Obama says.

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Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

You can email Jim Hoft here, and read more of Jim Hoft's articles here.


Thanks for sharing!