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

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

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