Obama Has Lowest Average 1stQ GDP Growth of Any President on Record
Nothing but the best from this silly Golf Nut.
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.
[link=(blame-it-global-cooling-obama-has-lowest-average-1stq-gdp-growth-any)]LINK[/link]
Well Hillary said the other day that the poor Dems always have to come in a clean up the messes that Rep. Presidents have left behind, so Obama can't be blamed. And if Hillary is elected, Bush will still need to be blamed.
PM, Spin:
Bush drove the car into the ditch. The ditch was so deep it'll take at least 12 years to get it out. Obama needs a third term to do the job.
Most of us Know This, but
Moderators: Pike Ridge Beagles, Aaron Bartlett
-
- Posts: 7803
- Joined: Wed May 11, 2005 6:01 pm
- Location: Pineville Ky
Re: Most of us Know This, but
Most of you Domestic Terrorist,,Just don't care,,about Facts,you just make Up Crap to help you Sleep,,With your Racist,,Bigoted Selves.
Republicans,,
Are America's Worst a Enemy.
Fact Checker
Obama’s G20 claim of the ‘longest stretch of uninterrupted private sector job growth’ in US history
“The United States is in the longest stretch of uninterrupted private sector job growth in its history.”
–President Obama, news conference at conclusion of G20 summit, Brisbane, Australia, Nov. 16, 2014
In a bit of chest-thumping at the conclusion of the Group of Twenty Summit in Australia, President Obama reasserted this claim, as well as as a slightly revised version of a claim that we also had previously fact-checked: “Over the last few years, we’ve put more people back to work than all the other advanced economies combined.”
Does his assertion about job growth still stand up?
The Facts
First, note that the president referred to “private-sector growth.” That means he is not talking about all jobs being created, such as including state or federal government positions. If you go to the Bureau of Labor Statistics Web site and plug in the data, you will indeed see 56 straight months of job gains in the private sector, after the dizzying drops in the Great Recession.----
-UNDER THE LAST REPUBLICAN,,,,,,,THE WORST RANKED PRESIDENT IN HISTORY,,,,BUSH/CHENEY
Moreover, going back as far as the Labor Department kept such statistics (1939), it’s clear there has never been a period this long without a decline. (Some might quibble about Obama’s sweeping use of “history;” it is certainly as long as such records have been kept.)
But go ahead talk your lies,,that is the Republican Way Lie and Deny.
And Most of us Do Know That.
And What Hillary said is A Proven Fact,Democrats have Always Had to clean up After Republians.
Republicans,,
Are America's Worst a Enemy.
Fact Checker
Obama’s G20 claim of the ‘longest stretch of uninterrupted private sector job growth’ in US history
“The United States is in the longest stretch of uninterrupted private sector job growth in its history.”
–President Obama, news conference at conclusion of G20 summit, Brisbane, Australia, Nov. 16, 2014
In a bit of chest-thumping at the conclusion of the Group of Twenty Summit in Australia, President Obama reasserted this claim, as well as as a slightly revised version of a claim that we also had previously fact-checked: “Over the last few years, we’ve put more people back to work than all the other advanced economies combined.”
Does his assertion about job growth still stand up?
The Facts
First, note that the president referred to “private-sector growth.” That means he is not talking about all jobs being created, such as including state or federal government positions. If you go to the Bureau of Labor Statistics Web site and plug in the data, you will indeed see 56 straight months of job gains in the private sector, after the dizzying drops in the Great Recession.----
-UNDER THE LAST REPUBLICAN,,,,,,,THE WORST RANKED PRESIDENT IN HISTORY,,,,BUSH/CHENEY
Moreover, going back as far as the Labor Department kept such statistics (1939), it’s clear there has never been a period this long without a decline. (Some might quibble about Obama’s sweeping use of “history;” it is certainly as long as such records have been kept.)
But go ahead talk your lies,,that is the Republican Way Lie and Deny.
And Most of us Do Know That.
And What Hillary said is A Proven Fact,Democrats have Always Had to clean up After Republians.
If a man shuts his ears to the cry of the poor, he too will cry out and not be answered
-
- Posts: 4517
- Joined: Wed Jun 28, 2006 4:30 pm
- Location: Rocky Mount, NC
Re: Most of us Know This, but
Lowest U.S labor perticipation rate since 1978. Now thats your job creation, LMAO!!!!!!!!
-
- Posts: 7803
- Joined: Wed May 11, 2005 6:01 pm
- Location: Pineville Ky
Re: Most of us Know This, but
Republicans,,only Create Government ,,JOBS,,,then ,,Claim they want to cut the size of government ,,Raise the NATIONAL DEBT,,,and Say they MUST,Cut Spending.
OWN THE GOVERNMENT THEN CAMPAIGN ON TAKING BACK OUR GOVERNMENT.
TURN TERRORIST LOOSE,,,THEN SAY WE MUST BE TOUGHER ON TERRORIST.
LEGALIZE 1,000's OF ILLEGALS ,THEN CAMPAIGN ON CONTROLLING OUR BORDERS.
Nothing But Hippocrits,,Never heard or Read A fact from A REPUBLICAN.
A Disgrace to The Country,,
As Well as Traitors,,Who want Some Communist to Run For Americas President ,,,,,LAT- PUTIN FOR EXAMPLE
NOT TO MENTION SABOTAGING A NUCLEAR ARMS DEAL,,,WITH ONE OF AMERICAS ENEMY,,,
AMERICA IS FIGHTING ,THE MOST DANGERIOUS WAR ,IN HISTORY ,AND THE WORST ENEMY,,,,,REPUBLICANS.,,,,G.O.P.
OWN THE GOVERNMENT THEN CAMPAIGN ON TAKING BACK OUR GOVERNMENT.
TURN TERRORIST LOOSE,,,THEN SAY WE MUST BE TOUGHER ON TERRORIST.
LEGALIZE 1,000's OF ILLEGALS ,THEN CAMPAIGN ON CONTROLLING OUR BORDERS.
Nothing But Hippocrits,,Never heard or Read A fact from A REPUBLICAN.
A Disgrace to The Country,,
As Well as Traitors,,Who want Some Communist to Run For Americas President ,,,,,LAT- PUTIN FOR EXAMPLE
NOT TO MENTION SABOTAGING A NUCLEAR ARMS DEAL,,,WITH ONE OF AMERICAS ENEMY,,,
AMERICA IS FIGHTING ,THE MOST DANGERIOUS WAR ,IN HISTORY ,AND THE WORST ENEMY,,,,,REPUBLICANS.,,,,G.O.P.
If a man shuts his ears to the cry of the poor, he too will cry out and not be answered
Re: Most of us Know This, but
Pinemooch does your stupid pills include dimocraps talking point. Blame others for what obabbler has done is just down right pitiful clown.
-
- Posts: 1275
- Joined: Fri Feb 28, 2003 9:58 pm
- Location: greenville pa NW
Re: Most of us Know This, but
TURNING TERRORESTS LOOSE! Didn't Obama trade 5 terrorists for a trader? Didn't Obama want to give citizenship to thousands of illegals to buy votes for the dems ? Seems to me you are the hypocrite PM.
COAL HILL KENNELS. LP GR CH Coal Hill's Brush Buster. 2014 PA state champion LP GR CH Coal Hill's Mama Cass. 2010 PA state champion LP R CH GR BCH Coal Hill's Princess Willow HOG DOG POWER!!!!