GDP growth rate has jumped over 7% under Obama - still not good enough for haters.

[OohPooPahDoo]

FACT-

The annualized real GDP growth rate in the first quarter of 2009 was -5.3%

FACT-

The annualized real GDP growth rate in third quarter of 2012 was +2.0%.


FACT-

The difference under Obama is %7.3.

 

[Oldstyle]

Dude it's been FOUR YEARS of the worst recovery from a recession since the Great Depression. Barry doesn't have a clue how to get the economy going again and he needs to go play golf full time and let someone who's competent take a turn running things.

The fact that you're touting a 2% GDP growth shows how bad things have been under this President.

 

[Meathead]

Yeah, that's pretty sad. The last thing Barry's supporters should be talking about is the economy. That and Benghazi actually.

 

[Claudette]

OL"Oppey thinks Barrys the greatest. Of course real facts are beyond ol lame brain.

The economy sucks. UE is high. The debt and deficit are through the roof yet Ooopey thinks Barry's doing a great job? We have four dead Americans in Libya and his State Department sucks.

Holy cow if he thinks everything is great I can just imagine what he considers a failure.

 

[NoNukes]

Dude it's been FOUR YEARS of the worst recovery from a recession since the Great Depression. Barry doesn't have a clue how to get the economy going again and he needs to go play golf full time and let someone who's competent take a turn running things.

The fact that you're touting a 2% GDP growth shows how bad things have been under this President.

David Cameron would kill for Obama's economic record. What a bunch of Obama haters you all are. Just want to get the White back into the White House.

 

[Meathead]

Dude it's been FOUR YEARS of the worst recovery from a recession since the Great Depression. Barry doesn't have a clue how to get the economy going again and he needs to go play golf full time and let someone who's competent take a turn running things.

The fact that you're touting a 2% GDP growth shows how bad things have been under this President.

David Cameron would kill for Obama's economic record. What a bunch of Obama haters you all are. Just want to get the White back into the White House.

Really, and you think net annual growth at 2% can only be criticized because of hate and/or racism?!

 

[Claudette]

Of course in a lefties minds its hate or racism.

Couldn't possibly be because Barry sucks as POTUS and his policies suck. Gotta be hate or racism.

Thats the way their minds work.

 

[mikegriffith1]

FACT- The annualized real GDP growth rate in the first quarter of 2009 was -5.3%

FACT- The annualized real GDP growth rate in third quarter of 2012 was +2.0%.

FACT- The difference under Obama is %7.3.

"Haters"??? Huh??? That's overheated, irresponsible rhetoric.

Anyway, leaving aside the fact that your comparison is misleading, you seem to think that 2.0% GDP growth is something to be proud of. Furthermore, are you aware that average GDP growth for Obama's presidency now stands at 1.2%? By comparison, average GDP growth for Reagan's presidency was 3.5%.

Indeed, Obama's GDP growth is on track to be worse than Bush's 8-year average for GDP growth, even though Bush had to deal with two recessions, 9/11, and Katrina: For Bush's 8 years, GDP growth averaged 1.6%, which is 25% better than Obama's anemic 1.2% average.

Also, apparently you have forgotten that just a couple years ago, as part of the deception to ram through the "stimulus" bill, the White House claimed that by now GDP growth would be 4.3% (Average GDP Growth Less than Half of What Obama Predicted).

Even more worrying is the fact that about 1/3 of the meager 2.0% third-quarter GDP growth came from government spending, i.e., from borrow/printed money.

We don't have to live like this. We don't have to settle for pathetic GDP growth, for nearly zero net job growth, for chronically high gas prices, for the ongoing devaluation of our currency. We don't have to stay on the downward spiral that we're on. We know from recent history that we can do a lot better, but it's going to take change at the top to achieve it.

 

[bripat9643]

FACT-

The annualized real GDP growth rate in the first quarter of 2009 was -5.3%

FACT-

The annualized real GDP growth rate in third quarter of 2012 was +2.0%.


FACT-

The difference under Obama is %7.3.

A 2% GDP growth rate is pathetic by historical standards. Reagan achieved GDP growth rates of over 9%.

 

[zeke]

FACT-

The annualized real GDP growth rate in the first quarter of 2009 was -5.3%

FACT-

The annualized real GDP growth rate in third quarter of 2012 was +2.0%.


FACT-

The difference under Obama is %7.3.

A 2% GDP growth rate is pathetic by historical standards. Reagan achieved GDP growth rates of over 9%.

Anyone know how many manufacturing jobs there were in the USA when Reagan was President vs the number of manufacturing jobs today?

Wonder if that makes any difference (to growth) when you compare periods of good paying manufacturing jobs to periods of low paying service sector jobs?

Nah, I'm sure it makes no difference.

 

[Katzndogz]

A 2% GDP growth rate is considered stagnant, not an improvement. The slight rise, from 1.3% to 2% occurred as a result of government spending, not any real growth. When the government started printing 40 billion a month in funny money and spending it, the GDT was notched up.

 

[NoNukes]

Dude it's been FOUR YEARS of the worst recovery from a recession since the Great Depression. Barry doesn't have a clue how to get the economy going again and he needs to go play golf full time and let someone who's competent take a turn running things.

The fact that you're touting a 2% GDP growth shows how bad things have been under this President.

David Cameron would kill for Obama's economic record. What a bunch of Obama haters you all are. Just want to get the White back into the White House.

Really, and you think net annual growth at 2% can only be criticized because of hate and/or racism?!

Compare it with what is happening elsewhere. The world's economy really got fucked up, and there are no short order solutions. I have heard from people in the economic sector that the world is never going to be the same again, we will not return to the status quo.

 

[Cammmpbell]

FACT-

The annualized real GDP growth rate in the first quarter of 2009 was -5.3%

FACT-

The annualized real GDP growth rate in third quarter of 2012 was +2.0%.


FACT-

The difference under Obama is %7.3.

You think that's something look at the stock market........

Stock Market Closing Prices - 1/21/09

Dow Jones Industrial Average 8228.10
Nasdaq Stock Market Close - 1507.07
S&P 500 Close - 840.24


The DOW is above 13,000 now

Are you better off now than 4 years ago is a no brainer. Folks everywhere in the country are at least as well off and if the house Republicans would get off their "Do Nothing" asses and continue without further tax cuts for the wealthy this nation might begin to prosper the way it did during the Clinton years. "RICH FOLKS SHOULD PAY FOR THE USE OF SYSTEMS PRESERVED AND PROTECTED BY THE DEATHS OF PREVIOUS GENERATIONS OF YOUNG AMERICANS"

Either that or belly up to the bar and go serve the country themselves. Don't hold your breath. Greedy Chickenhawk Assholes.....that describes the modern Republican party.

 

[Oldstyle]

Dude it's been FOUR YEARS of the worst recovery from a recession since the Great Depression. Barry doesn't have a clue how to get the economy going again and he needs to go play golf full time and let someone who's competent take a turn running things.

The fact that you're touting a 2% GDP growth shows how bad things have been under this President.

David Cameron would kill for Obama's economic record. What a bunch of Obama haters you all are. Just want to get the White back into the White House.

People who don't have a "valid" argument play the race card in place of one. Barack Obama's POLICIES have held back our economic recovery and he ran out of solutions about the same time the 870 Billion dollar "stimulus" ran out. Why would we give another four years to someone who hasn't had a plan to fix our problems for the last two?

 

[Oldstyle]

David Cameron would kill for Obama's economic record. What a bunch of Obama haters you all are. Just want to get the White back into the White House.

Really, and you think net annual growth at 2% can only be criticized because of hate and/or racism?!

Compare it with what is happening elsewhere. The world's economy really got fucked up, and there are no short order solutions. I have heard from people in the economic sector that the world is never going to be the same again, we will not return to the status quo.

If we continue down the path we've taken, you're 100% correct. The United States has the largest economy in the world. The idiotic things this President proposes...like tax raises in the midst of a slow economy...will further dampen the recovery of that economy and our slow economy effects the rest of the world's economies. Turning ourselves into a larger "Greece" isn't going to help us or anyone else.

 

[Wiseacre]

With the 3rd qtr GDP growth rate of 2%, the rate thus far for 2012 is 1.7%. Which is less than the 1.8% we had in 2011, which in turn is less than the 2.4% we had in 2010. IOW, we're going the wrong way. And I expect that most recent 2% number will be revised downward in the next few months. So it is total bullshit that anybody can claim anything positive out of Obama's economic policies.

 

[paulitician]

So say the hater-nutters.

 

[Oddball]

FACT-

The annualized real GDP growth rate in the first quarter of 2009 was -5.3%

FACT-

The annualized real GDP growth rate in third quarter of 2012 was +2.0%.


FACT-

The difference under Obama is %7.3.

A 2% GDP growth rate is pathetic by historical standards. Reagan achieved GDP growth rates of over 9%.

Anyone know how many manufacturing jobs there were in the USA when Reagan was President vs the number of manufacturing jobs today?

Wonder if that makes any difference (to growth) when you compare periods of good paying manufacturing jobs to periods of low paying service sector jobs?

Nah, I'm sure it makes no difference.

Low paying service sector jobs, like nurses, mechanics, technicians, IT pros, etcetera?

Guess what...The days of putting the same nut on the same bolt for 30 years and the god watch are dead...The whole "low paying service jobs" meme just makes lolberals like you look both dumb and snobbish.

 

[BreezeWood]

USA uninterrupted (Growth) positive GDP since June of 09 - Europe recedes back into recession.

 

[paulitician]

Yeah, cuz you Dem-Bots would never hate. No way. I swear these Wingnuts really do think everyone just forgot about their abysmal behavior the previous eight years. Well guess again, we haven't forgotten. What goes around, comes around.