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Worst. President. Ever: Obama First President EVER to Not Reach 3% GDP Growth
Gateway Pundit ^

Posted on 01/19/2017 4:20:52 PM PST by TigerClaws

In February 2011 (Fake News) Time Magazine Implied that Obama was like Reagan. This couldn’t have been further from the truth, especially when considering economic growth. Ronald Reagan brought forth an annual real GDP growth of 3.5%. Barack Obama will be lucky to average an annual 1.50% GDP growth rate during his two terms in office.

The rate of real economic growth is the single greatest determinant of both America’s strength as a nation and the well-being of the American people.

From 1790 to 2000, U.S. RGDP growth averaged 3.79%. America needs at least 3.0% economic growth-the nation cannot defend itself and pay its bills without it. However, America’s elites have largely given up on growth, and are now distracting themselves with academic musings about “secular stagnation.”

By February of 2016 it was clear that Obama had given up on economic growth. Obama’s Congressional Budget Office (CBO) forecasted in early 2016 that America will never see 3.0% economic growth again.

As a result of his failed economic policies, Obama currently ranks as the fourth worst presidency on record in GDP growth at 1.457%. Only Herbert Hoover (-5.65%), Andrew Johnson (-0.70%) and Theodore Roosevelt (1.41%) currently have lower average annual GDP growth than Barack Obama. In addition, Obama has the lowest annual GDP growth rate of any President since World War II.

Barack Obama will be the only U.S. president in history who did not deliver a single year of 3.0%+ economic growth.


TOPICS: Business/Economy; Government; News/Current Events; Politics/Elections
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1 posted on 01/19/2017 4:20:52 PM PST by TigerClaws
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To: TigerClaws

Stompy foot can’t outdo the peanut farmah! ...


2 posted on 01/19/2017 4:22:58 PM PST by VRWC For Truth (FU Schmuckie Shoomer (Rat-NY))
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To: TigerClaws

The elitists do not want social mobility. The Rich should stay rich. The Poor should stay poor. Too much economic growth risks the possibility that the status quo might change. Democrats don’t like the sound of that.


3 posted on 01/19/2017 4:23:33 PM PST by ClearCase_guy (Abortion is what slavery was: immoral but not illegal. Not yet.)
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To: TigerClaws

by far...should be in federal prison

http://usdebtclock.org


4 posted on 01/19/2017 4:24:02 PM PST by PGalt (HOORAY Mr. Donald J. Trump)
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To: VRWC For Truth

Carter at least loved America. Terrible president but just clueless.

Obama hates America and has intentionally done harm to our nation.


5 posted on 01/19/2017 4:24:02 PM PST by TigerClaws
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To: TigerClaws

Let’s face it, our last four presidents failed this nation miserably.

The Republican ones failed us. The Democrats ones contributed to a complete meltdown. And while I don’t think Bush was quite that bad, he played a part in the economic meltdown that set Obama up to win the office.

Trump is going to get a considerable amount of leeway with me, because no matter how bad he is, he will be head and shoulders better than anyone since Reagan, by a country mile.

If he does as I suspect, he’ll deserve accolades for 100s of years from now.


6 posted on 01/19/2017 4:26:30 PM PST by DoughtyOne (Obama, Clinton, McStain, and Graham, with people like this, who needs enemies?)
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To: DoughtyOne

Sad to say Reagan picking George H.W. Bush was his greatest error. That led to the last 20 years of RINOs, bad foreign policy, Clinton, and Obama.

George W. should have stayed out of Iraq.

Trump’s actually a 3rd party candidate who took over a political party. He ran as a 3rd party and was treated as such.

He’s really the last chance we have to fight back the globalists.


7 posted on 01/19/2017 4:29:53 PM PST by TigerClaws
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To: VRWC For Truth

He’s much, much worse than Carter.

If it had not been for the Palin-led fightback in 2010 Obama would have destroyed the Republic during his term


8 posted on 01/19/2017 4:30:05 PM PST by WashingtonFire
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To: TigerClaws
Worst. President. Ever: Obama First President EVER to Not Reach 3% GDP Growth

One of the first things Trump needs to do is to order all the economic numbers under Obama to be recalculated accurately using the standards that were in place before Odumo started manipulating the numbers.

It is very important to destroy the narrative that Obama has been successful. Once the numbers are corrected, we will see the truth about the disaster that Obama created.

9 posted on 01/19/2017 4:30:05 PM PST by DiogenesLamp ("of parents owing allegiance to no other sovereignty.")
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To: ClearCase_guy
The elitists do not want social mobility. The Rich should stay rich. The Poor should stay poor. Too much economic growth risks the possibility that the status quo might change. Democrats don’t like the sound of that.

Neither do elitist Republicans. But yes, much of their policies are geared toward's stopping "the wrong sort of people" from gaining wealth.

10 posted on 01/19/2017 4:32:22 PM PST by DiogenesLamp ("of parents owing allegiance to no other sovereignty.")
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To: TigerClaws
Sad to say Reagan picking George H.W. Bush was his greatest error. That led to the last 20 years of RINOs, bad foreign policy, Clinton, and Obama.

I keep saying that. Bush HW was a disaster.

11 posted on 01/19/2017 4:34:14 PM PST by DiogenesLamp ("of parents owing allegiance to no other sovereignty.")
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To: TigerClaws
Carter at least loved America.

I can understand why you and many others say that. I can't join you folks in that perception.

Carter helped destabilize Iran, which we are sill paying for thirty years later. We had a pro-Western man in Iran. He was quite loyal to the U.S.

Carter should have been able to grasp our Representative Constitutional Republic vs Leftist/Communist led nations, but he never appreciated our nation as much as the ones where Communist/Leftist dictators ruled.

Cuba, North Korea, Venezuela... Carter loved their leaders, their forms of governance, their citizens, be damned.

The countless times he has pulled his head out of his turtle shell to address the American public since his days in office, have never been to support our Founder's ideals.

Carter is an enemy of our nation. He's not some innocent dufus making mistake after mistake. He's sold on the Socialist/Leftist dogma.

I detest the man.

12 posted on 01/19/2017 4:34:39 PM PST by DoughtyOne (Obama, Clinton, McStain, and Graham, with people like this, who needs enemies?)
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To: TigerClaws
Sad to say Reagan picking George H.W. Bush was his greatest error. That led to the last 20 years of RINOs, bad foreign policy, Clinton, and Obama.

Fun to play the what if game. Move forward a few years, I think we may have been better off if Gore had defeated Bush in 2000. Gore would have likely won re-election in 2004. And we certainly wouldn't have gotten 0bama in 2008 if that was the case.

13 posted on 01/19/2017 4:39:46 PM PST by Pappy Smear
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To: TigerClaws

I agree that Reagan’s pick was unfortunate. He was sold on party unity and he tried to do the right thing. I think he could have won without Bush, but lets take a lesson from today.

If he hadn’t picked Bush, who knows if the party would have turned on him like they did Trump. They may not have done it overtly, but behind the scenes they may have rop-a-doped and let him lose.

So while I agree with you, I’m not sure we know how it would have turned out if he didn’t pick Bush.

As for Iraq, it’s an important issue. A lot of folks agree with you. I don’t, but I don’t want to devolve into a rehash of that at this time. Let’s agree to take a pass on it for now. There will be plenty of time to touch on it in upcoming weeks and months.

Trump didn’t so much run as a third party, as run as a Republican and the leadership opposed him from a third party. I know that will sound strange, but he ran as more of a Republican than the leadership did to oppose him.

I agree that he is the last chance we have. I am hoping other nations adopt a good healthy dose of nationalism and boot out the U.N., E.U., and other globalist concerns that must be destroy in their quest for world dominance over the people’s will.

If something happens to Trump, it’s over. There won’t be another IMO.

I agree with your point of view, so don’t get put off by my twist on some of these things.

Take care.


14 posted on 01/19/2017 4:55:07 PM PST by DoughtyOne (Obama, Clinton, McStain, and Graham, with people like this, who needs enemies?)
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To: TigerClaws

[Barack Obama will be the only U.S. president in history who did not deliver a single year of 3.0%+ economic growth.]

I’m so shocked to hear this. How can this be?

Russians, of course. There’s the answer.


15 posted on 01/19/2017 4:55:09 PM PST by SaveFerris (Hebrews 13:2 Do not forget to entertain strangers, for ... some have unwittingly entertained angels)
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To: TigerClaws

We won’t hear any of the loony lefties talking about this, will we?


16 posted on 01/19/2017 5:13:38 PM PST by Old Grumpy
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To: DoughtyOne

Excellent points, D1, about Carter.

That super-nice-guy stuff is a weapon of Fabian socialism, whose credo is to slip into positions of power and influence by always being polite . . . and NEVER ADMIT being a Marxist out to destroy the West by destroying America . . . and to destroy America by making the people who are its economic and military backbone doubt themselves while placing on a pedestal the weak and pathetic on the one hand, and the forces of destruction on the other.

Its a filthy trick.


17 posted on 01/19/2017 5:25:44 PM PST by Disestablishmentarian
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To: TigerClaws
Not having a deep understanding of all the nation's Presidents I won't say "worst President ever".However,I wouldn't hesitate for a second to say "worst President of my lifetime".

Worst *by far*,in fact.

18 posted on 01/19/2017 5:35:15 PM PST by Gay State Conservative (Deplorables' Lives Matter)
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To: Disestablishmentarian

Thank you for your note of agreement.

Christians don’t heap praise on Leftist dictators who despise religion.

Carter fails every test over time.

I liked the points you raised also.


19 posted on 01/19/2017 5:39:42 PM PST by DoughtyOne (Obama, Clinton, McStain, and Graham, with people like this, who needs enemies?)
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To: TigerClaws

He may not have reached a 3% GDP but he hit 100% debt increase.


20 posted on 01/19/2017 5:43:37 PM PST by maddog55 (America Rising)
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