SIMPLY THE WORST=> Obama is First President Ever to Not See Single Year of 3% GDP Growth - FACTOIDS
Help us Expose Political Liars!
Find and post them ALL here!
Signup Today and help us
Expose these LIARS!
   

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

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%)

... Read More

 
comments powered by Disqus
 
 
No Liar of the Day has been posted yet. Post yours and vote today
1 0
Please help us support this website. Any tiny donation helps us keep up the Good Fight!
Headline
Hillary Clinton blames her loss on Capitalism - Democrats are Socialists according to her!
Rosie O'Donnell Used 5 Addresses, 4 Names in Over-Sized Dem Donations
Nancy Pelosi Refuses to Call on Tony Cardenas to Resign After Child Molestation Claim | Breitbart
Whoops! FBI 'Loses' Five Months Worth of Texts Between Agents Peter Strzok and Lisa Page
Recent Articles
Recent Articles







 
 

Aggregated content may contain copyrighted material. Such material is made available for educational purposes only. This constitutes a 'fair use' of any such copyrighted material as provided for in Title 17 U.S.C. section 107 of the US Copyright Law.