Even if you leave out the first quarter of 2009—when the recession that
started in December 2007 was still ongoing--President Barack Obama has presided
over the lowest average first-quarter GDP growth of any president who has served
since 1947, which is the earliest year for which the Bureau of Economic Analysis
has calculated quarterly GDP growth.
In all first quarters since 1947, the real annual rate of growth of GDP has
averaged 4.0 percent.
In the seven first quarters during Obama’s presidency, it has declined by an
average of -0.43 percent. And if you leave out the first quarter of 2009 and
look only at the first quarters of the six years since the recession ended, it
has averaged only 0.4 percent.
In the six years of Harry Truman’s presidency for which the BEA has
calculated quarterly GDP, the annual rate of growth in GDP in the first quarter
averaged 4.5 percent.
During President Eisenhower’s eight years, it averaged 3.2 percent. During
Kennedy’s three years, it averaged 4.9 percent. During Johnson’s five years, it
averaged 8.3 percent. During Nixon’s six years, it averaged 5.3 percent. During
Ford’s two years, it averaged 2.3 percent. During Carter’s four years, it
average 2.4 percent. During Reagan’s eight years, it average 2.1 percent. During
George H.W. Bush’s four years, it average 2.9 percent. During Clinton’s eight
years, it averaged 2.6 percent. And during George W. Bush’s eight years, it
averaged 1.7 percent.
http://www.cnsnews.com/blog/terence-p-jeffrey/blame-it-global-cooling-obama-has-lowest-average-1stq-gdp-growth-any
"... It is only in this way that we can hope to arrive at truth, and fulfill the great responsibility which we hold to God and our country. Should I keep back my opinions at such a time, through fear of giving offense, I should consider myself as guilty of treason towards my country, and of an act of disloyalty toward the Majesty of Heaven, which I revere above all earthly kings."....I know not what course others may take; but as for me, give me liberty or give me death!"
Friday, May 29, 2015
THE DEMOCRAT POTUS BHO THE WORST GDP PRESIDENT IN HISTORY–THE LEGACY OF THE POTUS BHO CHAOS AT WORK–WITH NO CARE FOR YOU THE HARD WORKING AMERICAN FROM THE DEMOCRAT IN OFFICE–AND YOU WOULD EXPECT THE SAME FROM ANOTHER DEMOCRAT POTUS IF EVER ELECTED IN 2016–THE GDP OF 4% A YEAR IS BYGONE TO HAVE BEEN REPLACED WITH AN AVERAGE 0.4% FROM A ZERO BUSINESS SENSE DEMOCRAT NOW–YOU JUST CAN’T MAKE THESE UP AS THE REAL COVER UP OF 90 MILLION WHO HAVE LEFT THE WORK FORCE FOR LACK OF JOBS IS TOO ASTONISHING AND NO REAL COVER UP OR WHITE WASH FROM THE MSM CAN BRING THE ECONOMY GROWTH NOR CAN ANYMORE FROM A SOCIALIST DEMOCRAT REVIVE A VISION FOR GROWTH WHEN THE AGENDA IS ANTHETHISIS TO GROWTH
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