There were more than 1 month the 3% GDP went up,,,,, I think the number was 8 Just never made that 3% at years end
dude, so which month? and provide that link thingy.
Woof Woof
Donald Trump Says U.S. Never Hit 3% GDP Growth Under Obama — But It’s Misleading
Lucinda Shen
Aug 30, 2017
long-awaited tax reform before a crowd in Springfield, Mo. Wednesday. That comes after the U.S. Commerce Department said GDP growth had hit Trump's 3% target in the second quarter.
"We just announced that we hit 3% in GDP, it just came out," the president said."On a yearly basis, as you know, the last administration, during an eight year period, never hit 3%. So we're really on our way. If we achieve sustained 3% growth, that means 12 million new jobs and $10 trillion of new economic activity over the next decade. That's some numbers."
But the comparison that he made is somewhat misleading. President Trump compared annual GDP growth in the Obama era to quarterly GDP growth in a three month period. And quarterly GDP often isn't a good indicator for how much an economy will produce over the year, with quarterly GDP growth often differing significantly from the year's overall GDP growth.
Take the Obama era for example. Between 2009 and 2016, GDP growth reached at or above 3% on a quarterly basis about eight times.
again, what months or quarters? where is the link? I asked for it. you just confirmed that in six months trump achieved it.
It said in EIGHT quarters Obama had a 3% or better GDP Just look it up There are 10 links
ok, I'll eat crow.
but there is this to which I must have had my brain hanging on.
Barack Obama Will Be The Only President In History To Never Have A Year Of 3% GDP Growth | Zero Hedge
"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.
The following are the yearly GDP growth numbers under Obama. They come directly from
the official website of the World Bank…

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2009: -2.8 percent
2010: 2.5 percent
2011: 1.6 percent
2012: 2.2 percent
2013: 1.5 percent
2014: 2.4 percent
2015: 2.4 percent
Does that look like a “recovery” to you?
Of course not."