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Obama WORST of the last 13 Presidents for economic growth

78

This should come as no surprise to anyone who has not been drinking the enemedia Kool-Aid. Obama’s hard-left policies were ruinous for the American economy. It will take a long time to undo the damage he did.

“Obama was terrible for economic growth,” by Jonathon M. Trugman, New York Post, April 1, 2017 (thanks to Joy):

On Thursday we closed the book on the Obama economic “miracle” — and it’s a miracle we are not in a recession.

Last week the Commerce Department released its third revision for fourth-quarter 2016 gross domestic product. The number came in at a paltry 2.1 percent, meaning that growth during President Obama’s final year in office — the end of an “Error of Hope” — landed with a big thud at just 1.6 percent.

That low-water mark puts the Obama presidency in last place among all the post-World War II presidents when it comes to economic growth….

Thirteenth of 13 presidents is no mild distinction. Obama had eight full years to enact a growth policy, while many of his predecessors never had two complete terms. George H.W. Bush and Jimmy Carter had just four years each, Gerald Ford had less than three years and Richard Nixon had five….

Here are the average growth rates for each president:

Johnson (1964-68), 5.3 percent
Kennedy (1961-63), 4.3 percent
Clinton (1993-2000), 3.9 percent
Reagan (1981-88), 3.5 percent
Carter (1977-80), 3.3 percent
Eisenhower (1953-60), 3 percent
Nixon (1969-74), 2.8 percent
Ford (1975-76), 2.6 percent
G.H.W. Bush (1989-92), 2.3 percent
G.W. Bush (2001-08), 2.1 percent
Truman (1946-52), 1.7 percent
Obama (2009-16), 1.6 percent

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