[KarlInOhio]

1. Obama has greatly increased the price of an employee, thus giving an incentive to buy capital equipment rather than hire employees.

2. The GDP figure is real GDP growth = nominal GDP growth - inflation. The government if lying about the inflation rate, therefore the real GDP growth is a lot less than the reported figure.

[lodi90]

I would add that the housing bubble is reinflating down here in FL. Home builders have started being more aggressive. Suburban houses are selling quickly. There are new liar loan programs, radio ads for home equity loans, etc. I haven’t seen this stuff since the bubble burst in 2008. All this has to have an effect on GDP.

[RoosterRedux]

Obama has greatly increased the price of an employee, thus giving an incentive to buy capital equipment rather than hire employees.

You nailed it.

And his wealth transfers via food stamps, unemployment, and welfare feed GDP without touching employment.