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Politics

Economic growth during Obama’s presidency was so bad - that mediocre economic growth

Posted: Feb 18th, 2020 - 3:37 pm In Reply to: Everything that President Trump has done will be undone - by socialist policies. It's funny hearing

was considered the new normal. In September 2016, CBS News reported that "with U.S. economic growth stuck in low gear for several years, it's leading many economists to worry that the country has entered a prolonged period where any expansion will be weaker than it has been in the past."

Obama trying to take credit for the Trump economy is almost as laughable s Obama claiming to be scandal-free.

There have been eleven recessions since World War II, each of which was followed by a recovery. We did experience an economic recovery under Obama—it just happens it was the worst one. Here are the facts: All jobs lost in post-World War II recessions were recovered after an average of twenty-five months. But, it took seventy-seven months for employment to return to pre-recession levels, making Obama’s recovery the slowest recovery of all of them, and by a wide margin. Obama is also the only president in U.S. history to have never had a single year of 3.0 percent or greater GDP growth

If Obama thinks he can claim credit for the booming economy—and that it will work—he’s got another thing coming. A recent Gallup poll shows that most Americans credit President Trump for the economy.



LINK/URL: Economic growth during Obama’s presidency was so bad

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