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  Topic: Obama´s Economic Growth
Record Is The Worst
In 60 Years
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Obama´s Economic Growth
Record Is The Worst
In 60 Years

Investors´s Business Daily, by Jeffrey H. Anderson

Original Article

Posted By:Desert Fox, 2/12/2013 10:45:08 PM

0.8% — The Abysmal Rate of Economic Growth under Obama President Obama´s defense of his economic stewardship has effectively amounted to this: At least we no longer have the Bush-era economy. With an entire 4-year term in the books, it´s now possible to confirm, and to lament, the essential truth of those words. Prior to Obama, the second term of President Bush featured the weakest gains in the gross domestic product in some time, with average annual real (inflation-adjusted) GDP growth of just 1.9%. That´s according to figures from the federal government´s own Bureau of

  

Post Reply  

Reply 1 - Posted by: ColonialAmerican1623, 2/12/2013 10:53:12 PM     (No. 9173339)

Wow. Does Zippy know this ?


Reply 2 - Posted by: jl80863, 2/12/2013 11:37:50 PM     (No. 9173387)

Unfortunately I believe he does #1. obama is not only poorly educated but absolutely mad.


   

 

  


 
Reply 3 - Posted by: Objectivity, 2/12/2013 11:46:35 PM     (No. 9173404)

IBD right now is one of the last true financial newspapers. The WSJ, as much as I still read it, is fading as the point man for capitalism & the republic.


Reply 4 - Posted by: Bobn.T, 2/12/2013 11:49:45 PM     (No. 9173411)

But he´s black. So all is well.
Amos and Andy, Bojangles, and Uncle Remus would be proud.


Reply 5 - Posted by: Charactercounts, 2/13/2013 1:38:07 AM     (No. 9173477)

His record is that good?


Reply 6 - Posted by: Spidey, 2/13/2013 5:16:46 AM     (No. 9173530)

Even if Bush´s second term growth rates were below what you really want,people still felt like they could get a damn job.The massive layoffs didn´t start until it was clear Obama was going to be president and business started bleeding employees.

Employers can´t depend on congress stopping anything because Obama will simply do a go around,so there´s no predictability for them to hire.


Reply 7 - Posted by: saguni, 2/13/2013 9:30:10 PM     (No. 9175090)

Only 60??? I would have thought he record goes back to the Great Depression.


   

 

  


 
Reply 8 - Posted by: anonymous, 2/13/2013 9:35:50 PM     (No. 9175097)

Regardless of how poor the economic growth figures, the narrative is all that matters. The narrative is that Obama is doing his best to prevent America from sliding deeper into recession.

With liberals, it´s always the narrative that matters most. The narrative is more important than reality.



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