Obama Will Be The Only President In History To Never Have A Year Of 3% GDP Growth

[Weatherman2020]

Obamanomics. I told you this would happen 8 years ago.

We just got another extremely disappointing GDP number. It was being projected that U.S. GDP would grow by 2.5 percent during the second quarter of 2016, but instead it only grew by just 1.2 percent. In addition, the Census Bureau announced that GDP growth for the first quarter of 2016 had been revised down from 1.1 percent to 0.8 percent. What this means is that the U.S. economy is just barely hanging on by its fingernails from falling into a recession. As Zero Hedge has pointed out, the “average annual growth rate during the current business cycle remains the weakest of any expansion since at least 1949″. This is not what a recovery looks like.

In addition, Barack Obama remains solidly on track to be the only president in all of U.S. history to never have a single year when the economy grew by at least 3 percent. Every other president in American history, even the really bad ones, had at least one year when U.S. GDP grew by at least 3 percent. But this has not happened under Obama even though he has had two terms in the White House.

Barack Obama Will Be The Only President In History To Never Have A Year Of 3% GDP Growth | Zero Hedge

 

[Dekster]

He may be the first, but he won't be the last. Stagnation is the new normal.

 

[Weatherman2020]

He may be the first, but he won't be the last. Stagnation is the new normal.

Hyperinflation is right around the corner.

Then I heard what sounded like a voice among the four living creatures, saying, “Two pounds of wheat for a day’s wages, and six pounds of barley for a day’s wages, and do not damage the oil and the wine!” Revelation 6:6

 

[Dekster]

He may be the first, but he won't be the last. Stagnation is the new normal.

Hyperinflation is right around the corner.

Then I heard what sounded like a voice among the four living creatures, saying, “Two pounds of wheat for a day’s wages, and six pounds of barley for a day’s wages, and do not damage the oil and the wine!” Revelation 6:6

It is theoretically possible, but I doubt it will happen. It would be a great way to pay down one's mortgage though. That is why it will not likely happen. People owe too much money to the top. In a hyperinflation scenario, the top suffers in the long run far more than the people at the bottom.

 

[Wry Catcher]

Obamanomics. I told you this would happen 8 years ago.

We just got another extremely disappointing GDP number. It was being projected that U.S. GDP would grow by 2.5 percent during the second quarter of 2016, but instead it only grew by just 1.2 percent. In addition, the Census Bureau announced that GDP growth for the first quarter of 2016 had been revised down from 1.1 percent to 0.8 percent. What this means is that the U.S. economy is just barely hanging on by its fingernails from falling into a recession. As Zero Hedge has pointed out, the “average annual growth rate during the current business cycle remains the weakest of any expansion since at least 1949″. This is not what a recovery looks like.

In addition, Barack Obama remains solidly on track to be the only president in all of U.S. history to never have a single year when the economy grew by at least 3 percent. Every other president in American history, even the really bad ones, had at least one year when U.S. GDP grew by at least 3 percent. But this has not happened under Obama even though he has had two terms in the White House.

Barack Obama Will Be The Only President In History To Never Have A Year Of 3% GDP Growth | Zero Hedge

Pants on fire, liar:

US GDP Growth Rate by Year

BTW, wars sure helps the rich get richer if one reads between the lines in the link above.

BTW, to understand REAL GDP see this link:

How to Calculate the Annual Growth Rate for Real GDP -- The Motley Fool

 

[rightwinger]

Obamanomics. I told you this would happen 8 years ago.

We just got another extremely disappointing GDP number. It was being projected that U.S. GDP would grow by 2.5 percent during the second quarter of 2016, but instead it only grew by just 1.2 percent. In addition, the Census Bureau announced that GDP growth for the first quarter of 2016 had been revised down from 1.1 percent to 0.8 percent. What this means is that the U.S. economy is just barely hanging on by its fingernails from falling into a recession. As Zero Hedge has pointed out, the “average annual growth rate during the current business cycle remains the weakest of any expansion since at least 1949″. This is not what a recovery looks like.

In addition, Barack Obama remains solidly on track to be the only president in all of U.S. history to never have a single year when the economy grew by at least 3 percent. Every other president in American history, even the really bad ones, had at least one year when U.S. GDP grew by at least 3 percent. But this has not happened under Obama even though he has had two terms in the White House.

Barack Obama Will Be The Only President In History To Never Have A Year Of 3% GDP Growth | Zero Hedge

A statistical anomaly

What Obama has given us is eight years of steady growth. No real peaks, no real valleys , just steady growth in the 2-3 % range

Obama has also seen $50 Trillion added to our nations wealth. More than any president in history

 

[Toddsterpatriot]

Obamanomics. I told you this would happen 8 years ago.

We just got another extremely disappointing GDP number. It was being projected that U.S. GDP would grow by 2.5 percent during the second quarter of 2016, but instead it only grew by just 1.2 percent. In addition, the Census Bureau announced that GDP growth for the first quarter of 2016 had been revised down from 1.1 percent to 0.8 percent. What this means is that the U.S. economy is just barely hanging on by its fingernails from falling into a recession. As Zero Hedge has pointed out, the “average annual growth rate during the current business cycle remains the weakest of any expansion since at least 1949″. This is not what a recovery looks like.

In addition, Barack Obama remains solidly on track to be the only president in all of U.S. history to never have a single year when the economy grew by at least 3 percent. Every other president in American history, even the really bad ones, had at least one year when U.S. GDP grew by at least 3 percent. But this has not happened under Obama even though he has had two terms in the White House.

Barack Obama Will Be The Only President In History To Never Have A Year Of 3% GDP Growth | Zero Hedge

Pants on fire, liar:

US GDP Growth Rate by Year

BTW, wars sure helps the rich get richer if one reads between the lines in the link above.

Annual percentage change in US GDP, current dollars (not inflation-adjusted).

DERP!

 

[SassyIrishLass]

Obamanomics. I told you this would happen 8 years ago.

We just got another extremely disappointing GDP number. It was being projected that U.S. GDP would grow by 2.5 percent during the second quarter of 2016, but instead it only grew by just 1.2 percent. In addition, the Census Bureau announced that GDP growth for the first quarter of 2016 had been revised down from 1.1 percent to 0.8 percent. What this means is that the U.S. economy is just barely hanging on by its fingernails from falling into a recession. As Zero Hedge has pointed out, the “average annual growth rate during the current business cycle remains the weakest of any expansion since at least 1949″. This is not what a recovery looks like.

In addition, Barack Obama remains solidly on track to be the only president in all of U.S. history to never have a single year when the economy grew by at least 3 percent. Every other president in American history, even the really bad ones, had at least one year when U.S. GDP grew by at least 3 percent. But this has not happened under Obama even though he has had two terms in the White House.

Barack Obama Will Be The Only President In History To Never Have A Year Of 3% GDP Growth | Zero Hedge

A statistical anomaly

What Obama has given us is eight years of steady growth. No real peaks, no real valleys , just steady growth in the 2-3 % range

Obama has also seen $50 Trillion added to our nations wealth. More than any president in history

LOL. You're such an Obamabot loon

 

[Toddsterpatriot]

Obamanomics. I told you this would happen 8 years ago.

We just got another extremely disappointing GDP number. It was being projected that U.S. GDP would grow by 2.5 percent during the second quarter of 2016, but instead it only grew by just 1.2 percent. In addition, the Census Bureau announced that GDP growth for the first quarter of 2016 had been revised down from 1.1 percent to 0.8 percent. What this means is that the U.S. economy is just barely hanging on by its fingernails from falling into a recession. As Zero Hedge has pointed out, the “average annual growth rate during the current business cycle remains the weakest of any expansion since at least 1949″. This is not what a recovery looks like.

In addition, Barack Obama remains solidly on track to be the only president in all of U.S. history to never have a single year when the economy grew by at least 3 percent. Every other president in American history, even the really bad ones, had at least one year when U.S. GDP grew by at least 3 percent. But this has not happened under Obama even though he has had two terms in the White House.

Barack Obama Will Be The Only President In History To Never Have A Year Of 3% GDP Growth | Zero Hedge

But he could only add $9 trillion to the debt.

 

[Dekster]

Obamanomics. I told you this would happen 8 years ago.

We just got another extremely disappointing GDP number. It was being projected that U.S. GDP would grow by 2.5 percent during the second quarter of 2016, but instead it only grew by just 1.2 percent. In addition, the Census Bureau announced that GDP growth for the first quarter of 2016 had been revised down from 1.1 percent to 0.8 percent. What this means is that the U.S. economy is just barely hanging on by its fingernails from falling into a recession. As Zero Hedge has pointed out, the “average annual growth rate during the current business cycle remains the weakest of any expansion since at least 1949″. This is not what a recovery looks like.

In addition, Barack Obama remains solidly on track to be the only president in all of U.S. history to never have a single year when the economy grew by at least 3 percent. Every other president in American history, even the really bad ones, had at least one year when U.S. GDP grew by at least 3 percent. But this has not happened under Obama even though he has had two terms in the White House.

Barack Obama Will Be The Only President In History To Never Have A Year Of 3% GDP Growth | Zero Hedge

A statistical anomaly

What Obama has given us is eight years of steady growth. No real peaks, no real valleys , just steady growth in the 2-3 % range

Obama has also seen $50 Trillion added to our nations wealth. More than any president in history[/QUOTE]

Another statistical anomaly. It is the nature of declining currency that records be set just because of the lowered purchasing power over time. It is how the system absorbs inflation

 

[Toddsterpatriot]

Obamanomics. I told you this would happen 8 years ago.

We just got another extremely disappointing GDP number. It was being projected that U.S. GDP would grow by 2.5 percent during the second quarter of 2016, but instead it only grew by just 1.2 percent. In addition, the Census Bureau announced that GDP growth for the first quarter of 2016 had been revised down from 1.1 percent to 0.8 percent. What this means is that the U.S. economy is just barely hanging on by its fingernails from falling into a recession. As Zero Hedge has pointed out, the “average annual growth rate during the current business cycle remains the weakest of any expansion since at least 1949″. This is not what a recovery looks like.

In addition, Barack Obama remains solidly on track to be the only president in all of U.S. history to never have a single year when the economy grew by at least 3 percent. Every other president in American history, even the really bad ones, had at least one year when U.S. GDP grew by at least 3 percent. But this has not happened under Obama even though he has had two terms in the White House.

Barack Obama Will Be The Only President In History To Never Have A Year Of 3% GDP Growth | Zero Hedge

A statistical anomaly

What Obama has given us is eight years of steady growth. No real peaks, no real valleys , just steady growth in the 2-3 % range

Obama has also seen $50 Trillion added to our nations wealth. More than any president in history

Obama has also seen $50 Trillion added to our nations wealth.

Link?

 

[Weatherman2020]

Obamanomics. I told you this would happen 8 years ago.

We just got another extremely disappointing GDP number. It was being projected that U.S. GDP would grow by 2.5 percent during the second quarter of 2016, but instead it only grew by just 1.2 percent. In addition, the Census Bureau announced that GDP growth for the first quarter of 2016 had been revised down from 1.1 percent to 0.8 percent. What this means is that the U.S. economy is just barely hanging on by its fingernails from falling into a recession. As Zero Hedge has pointed out, the “average annual growth rate during the current business cycle remains the weakest of any expansion since at least 1949″. This is not what a recovery looks like.

In addition, Barack Obama remains solidly on track to be the only president in all of U.S. history to never have a single year when the economy grew by at least 3 percent. Every other president in American history, even the really bad ones, had at least one year when U.S. GDP grew by at least 3 percent. But this has not happened under Obama even though he has had two terms in the White House.

Barack Obama Will Be The Only President In History To Never Have A Year Of 3% GDP Growth | Zero Hedge

A statistical anomaly

What Obama has given us is eight years of steady growth. No real peaks, no real valleys , just steady growth in the 2-3 % range

Obama has also seen $50 Trillion added to our nations wealth. More than any president in history

On the brink of recession for 8 years. Wages down, quality of life down, people with Masters working at Walmart, 94 million Americans not working, 43 million Americans requiring aid to put food on their table.

Yeah, socialist utopia.

 

[JakeStarkey]

We were told by early 2000 that the Congress and presidents not holding the banks and corporations to account would hurt the economy.

Then came the war paid with a credit card.

 

[dannyboys]

Obamanomics. I told you this would happen 8 years ago.

We just got another extremely disappointing GDP number. It was being projected that U.S. GDP would grow by 2.5 percent during the second quarter of 2016, but instead it only grew by just 1.2 percent. In addition, the Census Bureau announced that GDP growth for the first quarter of 2016 had been revised down from 1.1 percent to 0.8 percent. What this means is that the U.S. economy is just barely hanging on by its fingernails from falling into a recession. As Zero Hedge has pointed out, the “average annual growth rate during the current business cycle remains the weakest of any expansion since at least 1949″. This is not what a recovery looks like.

In addition, Barack Obama remains solidly on track to be the only president in all of U.S. history to never have a single year when the economy grew by at least 3 percent. Every other president in American history, even the really bad ones, had at least one year when U.S. GDP grew by at least 3 percent. But this has not happened under Obama even though he has had two terms in the White House.

Barack Obama Will Be The Only President In History To Never Have A Year Of 3% GDP Growth | Zero Hedge

And to think Obama has been promising us that all the 'immigrants', illegal and otherwise, would help the economy grow.
Another of BONOBO's bullshit Socialist Utopian failed wet dreams.
Socialism is of course 'Globalisation' spelled backwards.

 

[SassyIrishLass]

Obamanomics. I told you this would happen 8 years ago.

We just got another extremely disappointing GDP number. It was being projected that U.S. GDP would grow by 2.5 percent during the second quarter of 2016, but instead it only grew by just 1.2 percent. In addition, the Census Bureau announced that GDP growth for the first quarter of 2016 had been revised down from 1.1 percent to 0.8 percent. What this means is that the U.S. economy is just barely hanging on by its fingernails from falling into a recession. As Zero Hedge has pointed out, the “average annual growth rate during the current business cycle remains the weakest of any expansion since at least 1949″. This is not what a recovery looks like.

In addition, Barack Obama remains solidly on track to be the only president in all of U.S. history to never have a single year when the economy grew by at least 3 percent. Every other president in American history, even the really bad ones, had at least one year when U.S. GDP grew by at least 3 percent. But this has not happened under Obama even though he has had two terms in the White House.

Barack Obama Will Be The Only President In History To Never Have A Year Of 3% GDP Growth | Zero Hedge

A statistical anomaly

What Obama has given us is eight years of steady growth. No real peaks, no real valleys , just steady growth in the 2-3 % range

Obama has also seen $50 Trillion added to our nations wealth. More than any president in history

On the brink of recession for 8 years. Wages down, quality of life down, people with Masters working at Walmart, 94 million Americans not working, 43 million Americans requiring aid to put food on their table.

Yeah, socialist utopia.

Then Cankles tells them she will raise taxes on the middle class and they cheer. These loons have lost it

 

[Weatherman2020]

We were told by early 2000 that the Congress and presidents not holding the banks and corporations to account would hurt the economy.

Then came the war paid with a credit card.

So government spending causes economic collapse?

If you had any self awareness you'd be embarrassed for your hypocrisy.

 

[Unkotare]

What do you expect? Obama has been trying his damndest to hamper economic growth for almost 8 years.

 

[rightwinger]

Obamanomics. I told you this would happen 8 years ago.

We just got another extremely disappointing GDP number. It was being projected that U.S. GDP would grow by 2.5 percent during the second quarter of 2016, but instead it only grew by just 1.2 percent. In addition, the Census Bureau announced that GDP growth for the first quarter of 2016 had been revised down from 1.1 percent to 0.8 percent. What this means is that the U.S. economy is just barely hanging on by its fingernails from falling into a recession. As Zero Hedge has pointed out, the “average annual growth rate during the current business cycle remains the weakest of any expansion since at least 1949″. This is not what a recovery looks like.

In addition, Barack Obama remains solidly on track to be the only president in all of U.S. history to never have a single year when the economy grew by at least 3 percent. Every other president in American history, even the really bad ones, had at least one year when U.S. GDP grew by at least 3 percent. But this has not happened under Obama even though he has had two terms in the White House.

Barack Obama Will Be The Only President In History To Never Have A Year Of 3% GDP Growth | Zero Hedge

A statistical anomaly

What Obama has given us is eight years of steady growth. No real peaks, no real valleys , just steady growth in the 2-3 % range

Obama has also seen $50 Trillion added to our nations wealth. More than any president in history

LOL. You're such an Obamabot loon

SmellyIrishAss......you know you love me

 

[NYcarbineer]

Obamanomics. I told you this would happen 8 years ago.

Since your signup date is in 2013, are you lying or are you a retread?

 

[Weatherman2020]

Obamanomics. I told you this would happen 8 years ago.

We just got another extremely disappointing GDP number. It was being projected that U.S. GDP would grow by 2.5 percent during the second quarter of 2016, but instead it only grew by just 1.2 percent. In addition, the Census Bureau announced that GDP growth for the first quarter of 2016 had been revised down from 1.1 percent to 0.8 percent. What this means is that the U.S. economy is just barely hanging on by its fingernails from falling into a recession. As Zero Hedge has pointed out, the “average annual growth rate during the current business cycle remains the weakest of any expansion since at least 1949″. This is not what a recovery looks like.

In addition, Barack Obama remains solidly on track to be the only president in all of U.S. history to never have a single year when the economy grew by at least 3 percent. Every other president in American history, even the really bad ones, had at least one year when U.S. GDP grew by at least 3 percent. But this has not happened under Obama even though he has had two terms in the White House.

Barack Obama Will Be The Only President In History To Never Have A Year Of 3% GDP Growth | Zero Hedge

A statistical anomaly

What Obama has given us is eight years of steady growth. No real peaks, no real valleys , just steady growth in the 2-3 % range

Obama has also seen $50 Trillion added to our nations wealth. More than any president in history

LOL. You're such an Obamabot loon

SmellyIrishAss......you know you love me

You do provide the most unintentional laughs on this board.