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

[Mad Scientist]

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 should make that a bumper sticker and drive around. See what response you get.

 

[Listening]

Notice how oopy poopy plop vacated when his figures were parked up his ass.

 

[mikegriffith1]

David Cameron would kill to have Obama's economic record?! Well, yeah, only because England is doing even worse because the British have long been following socialist policies that Obama hasn't yet managed to foist onto America. Ditto for Spain and Greece.

How low do you want to set the bar for success? If 2.0% GDP growth is your version of "success," I'd hate to see failure.

Reagan's annualized GDP growth was, even by the most rigid standard, was 2.77%--by normal calculations it was 3.5%.

Again, we don't have to settle for chronically weak growth, chronically high gas prices, unemployment at 7-9% long term, etc., etc. We know from recent history that we can do better than this.

Do you know what the average unemployment rate for George Bush's 8 years, in spite of two recessions, 9/11, and Katrina? 5.3% (5.27%, to be exact). Wanna guess what Obama's 4-year average is for unemployment?

 

[jwoodie]

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.

Very clever masquerade designed to make members of your putative group look stupid.

 

[NoNukes]

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.

Comparing America to Greece is ridiculous and just spreading fear, which you whitewingers are good at.

 

[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.

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?

You did not comment about what I said that David Cameron would kill for Obama's economic record. You are only interested in race baiting.

 

[NoNukes]

David Cameron would kill to have Obama's economic record?! Well, yeah, only because England is doing even worse because the British have long been following socialist policies that Obama hasn't yet managed to foist onto America. Ditto for Spain and Greece.

How low do you want to set the bar for success? If 2.0% GDP growth is your version of "success," I'd hate to see failure.

Reagan's annualized GDP growth was, even by the most rigid standard, was 2.77%--by normal calculations it was 3.5%.

Again, we don't have to settle for chronically weak growth, chronically high gas prices, unemployment at 7-9% long term, etc., etc. We know from recent history that we can do better than this.

Do you know what the average unemployment rate for George Bush's 8 years, in spite of two recessions, 9/11, and Katrina? 5.3% (5.27%, to be exact). Wanna guess what Obama's 4-year average is for unemployment? Bush, he was left a good economy and totally destroyed it.

Reagan's predecessor did not fuck things up like Obama's predecessor, so there is no comparison.

 

[liarintheWH]

Notice how oopy poopy plop vacated when his figures were parked up his ass.

I noticed and it's hilarious. Seems to happen very often around here.

 

[liarintheWH]

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.

Comparing America to Greece is ridiculous and just spreading fear, which you whitewingers are good at.

OMG RACIST!!!!!!

 

[OKTexas]

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.

Only thing your numbers show is the third quarter was twice a bad as the first, can you say going in the WRONG direction? Thank you dear leader Maobama.

 

[PLYMCO_PILGRIM]

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.

Considering we need it @ 3% just to keep up with population growth.

For example, check out this chart from BLS.GOV which shows you that, even though our population the total number (not percentage but actual number) of american's working has remained constant.

Note that we are back to levels last seen in 2003. But the caveat is that the population has grown substantially since then; On a percentage basis, employment is considerably worse than it was in any of those years prior to Obama taking office.

 

[Meathead]

Comparing America to Greece is ridiculous and just spreading fear, which you whitewingers are good at.

Greece is the product of the Dreams from Obama's father. Bloated public sectors with powerful public and private sector unions and nanny-state entitlements
is pretty much what Barry envisions when he invokes "Forward". Kind of like marching forward into the same abyss that 30 years of Socialism and populism led Greece.

Greece was the first to go, others that have followed the same policies are teetering on the brink.

 

[SniperFire]

Well, at least we will always have Jeep manufacturing jobs.



oh wait

 

[francoHFW]

Those China Jeep jobs reflect a China market that's bigger than here. And yet you're all for foreign factories sending the profits home and slowly bringing our salary levels down...

What Obama policies?- Pubs have obstructed EVERYTHING for three and a half years, and of course lie about it...The Jobs Act alone would have cut UE 1-2%, added 2% growth- CAN'T HAVE THAT!! A-HOLES!
Still we're doing better than anywhere else. Pubs want to go back to discredited trickle down and bigger deficits with no plan but rob the nonrich and the country again. Pub dupes!! " We're white, and we win!!" IDIOCY!

 

[Cammmpbell]

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.

In the late 1940's a corporate executive earned about 4-5 times what a carpenter earned. Now that multiplier is about 500 times what a working man earns. We've been fed a line of unworkable horse shit and the whole damn house of cards is coming down. Now while looking at bottom line profits and gains for a company entire operations have moved out of the country where day laborers go for about $5-$10 a day with no benefits. That's the rich man's scheme.....for America's working class to be about as well off as a Maylasian day laborer. The elite class cannot compete with hungry people on a level playing field so they make it difficult for them to get an education while watching their own attend the high dollar ivy league schools. I'm 78 years old and I've watched this rich man's game play out from as bad as it could get, to an honest middle class and now the end is coming. There is no real middle class any longer and when the money grubbing asshole's finish....life for most will be back the way it was in the 30's and 40's. The only thing which might preserve a dignified middle class with a decent life for their families is global unions. I'm and old man but if I were in my 20's I would try to kick off the organizing of the whole world into one enormous union which could make a decent wage, educate their family and retire with dignity. The rich don't give a damn about anybody except their own....they never have.

 

[Meathead]

In the late 1940's a corporate executive earned about 4-5 times what a carpenter earned. Now that multiplier is about 500 times what a working man earns. We've been fed a line of unworkable horse shit and the whole damn house of cards is coming down. Now while looking at bottom line profits and gains for a company entire operations have moved out of the country where day laborers go for about $5-$10 a day with no benefits. That's the rich man's scheme.....for America's working class to be about as well off as a Maylasian day laborer. The elite class cannot compete with hungry people on a level playing field so they make it difficult for them to get an education while watching their own attend the high dollar ivy league schools. I'm 78 years old and I've watched this rich man's game play out from as bad as it could get, to an honest middle class and now the end is coming. There is no real middle class any longer and when the money grubbing asshole's finish....life for most will be back the way it was in the 30's and 40's. The only thing which might preserve a dignified middle class with a decent life for their families is global unions. I'm and old man but if I were in my 20's I would try to kick off the organizing of the whole world into one enormous union which could make a decent wage, educate their family and retire with dignity. The rich don't give a damn about anybody except their own....they never have.

Being unsuccessful in you life does not change the free market value employees. No longer are people, laborers or otherwise, subjected to slavery, indentured servitude and are thus free agents in the truest sense of the term. Accordingly, you are no longer able to demand to be paid more for work that someone else would be willing to do for less.

Freedom sucks I suppose, but if you are being paid more for labor someone else is willing to do for less, the end result is that your product or service will be overpriced unless you can compensate with quality or quantity. Otherwise you will invariably become obsolete.

It is a new world, and all the idealism and populism in it is not going to change that. I am sorry about your lack of success, but I am sure your "executives" have experienced the same.

 

[francoHFW]

Under Vooddoo worry about infrastructure and training later philosophy, we know have a million+ tech jobs goimg begging. Takes time to turn around 30 years of idiocy, especially in a Pub cronyism and corruption world depression. And Romney wants to double down! Idiocy, dupes.

 

[kaz]

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.

I guess when you have a President who could only turn a recession into anemic growth, you gotta go with what you have, eh Poo Poo?

 

[koshergrl]

David Cameron would kill to have Obama's economic record?! Well, yeah, only because England is doing even worse because the British have long been following socialist policies that Obama hasn't yet managed to foist onto America. Ditto for Spain and Greece.

How low do you want to set the bar for success? If 2.0% GDP growth is your version of "success," I'd hate to see failure.

Reagan's annualized GDP growth was, even by the most rigid standard, was 2.77%--by normal calculations it was 3.5%.

Again, we don't have to settle for chronically weak growth, chronically high gas prices, unemployment at 7-9% long term, etc., etc. We know from recent history that we can do better than this.

Do you know what the average unemployment rate for George Bush's 8 years, in spite of two recessions, 9/11, and Katrina? 5.3% (5.27%, to be exact). Wanna guess what Obama's 4-year average is for unemployment? Bush, he was left a good economy and totally destroyed it.

Reagan's predecessor did not fuck things up like Obama's predecessor, so there is no comparison.

Carter was the prez before Reagan. The us was in a deplorable mess when we kicked his skinny ass out.

 

[healthmyths]

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.

The 7.3% growth is IN SPITE of Obama doing the following:
1) HIS EPA forcing the following to lay off people:
a) coal companies facing “a regulatory environment that’s aggressively aimed at constraining the use of coal.”
b) Obama says: "if somebody wants to build coal utility plant it’s just that it will bankrupt them,!"
c) And he went on to say: “Under my plan....electricity rates would necessarily skyrocket"

2) Obama says he Obama said "I'd like higher gas prices.."

These are JUST a few ways Obama HAS NOT helped but hindered! Consider if he had reduced EPA's influence...

Also remember these promises from Obama...

We will go through our federal budget – page by page, line by line – eliminating those programs we don’t need, and insisting that those we do operate in a sensible cost-effective way.

When a bill lands on my Desk, The American people will have 5 days to review it before I sign it.
Campaign Speech

List of Obama's Lies | Barack Obama Lies