• WGON

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



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% rate after a paltry 1.4% fourth quarter advance.

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.

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%)

( Source )


0 views