President Obama has repeatedly proclaimed that he “saved the world from a Great Depression.”
In reality, the economy is booming as if it’s August, 1929.
Obama will be the first president ever to not see a single year of 3% GDP growth.
From Gateway Pundit:
On Thursday the Commerce Department announced that the US economy expanded at the slowest pace in two years. GDP growth rose at an anemic 0.5% rate after a paltry 1.4% fourth quarter advance.
Ronald Reagan brought forth an annual real GDP growth of 3.5%.
Barack Obama will be lucky to average a 1.55% GDP growth rate.
This ranks Obama as the fourth worst presidency on record.
Barack Obama will be the only U.S. president in history who did not deliver a single year of 3.0%+ economic growth.
Is this still George W. Bush’s fault?
The alarming rate of economic growth should awaken this nation to the what’s most important in the coming presidential election: Lack of growth and the Democratic party’s refusal to make growth a priority.
Democrats, rather, focus on transgender bathroom access, diversity in the work force, a $15 minimum wage, Obamacare, and destroying their political enemies in order to distract from the lack of economic growth their progressive policies perpetuate.
In order for Democrats to foster a growing economy they would have to embrace capitalism. As we have seen from the Obama, Hilary and their kool-aid drinkering supporters, that isn’t going to happen.
