Jonathon M. Trugman at the New York Post revealed for the current week that the last numbers for the Obama Administration are in and they are appalling:
On Thursday we shut the book on the Obama financial “supernatural occurrence” — and it’s a wonder we are not in a retreat.
A week ago the Commerce Department discharged its third correction for final quarter 2016 total national output. The number came in at a negligible 2.1 percent, implying that development amid President Obama’s last year in office — the finish of a “Mistake of Hope” — arrived with a major crash at only 1.6 percent.
That low-water stamp puts the Obama administration in last place among all the post-World War II presidents with regards to financial development.
The rate of genuine financial development is the single most prominent determinant of both America’s quality as a country and the prosperity of the American individuals.
From 1790 to 2000, U.S. RGDP development arrived at the midpoint of 3.79%. America needs no less than 3.0% financial development the country can’t protect itself and pay its bills without it. Be that as it may, America’s elites have generally abandoned development, and are presently diverting themselves with scholarly insights about “mainstream stagnation.”
By February of 2016 plainly Obama had abandoned monetary development. Obama’s Congressional Budget Office (CBO) estimated in mid 2016 that America will never observe 3.0% financial development again.
Thus of his fizzled monetary arrangements, Obama now positions as the fourth most exceedingly terrible administration on record in GDP development at 1.6%. Just Herbert Hoover (- 5.65%), Andrew Johnson (- 0.70%) and Theodore Roosevelt (1.41%) as of now have bring down normal yearly GDP development than Barack Obama. What’s more, Obama has the most reduced yearly GDP development rate of any President since World War II.
Barack Obama is the main U.S. president in history who did not convey a solitary year of 3.0%+ financial development.
Here are the normal development rates for every president since World War II:
Johnson (1964-68), 5.3 percent
Kennedy (1961-63), 4.3 percent
Clinton (1993-2000), 3.9 percent
Reagan (1981-88), 3.5 percent
Carter (1977-80), 3.3 percent
Eisenhower (1953-60), 3 percent
Nixon (1969-74), 2.8 percent
Passage (1975-76), 2.6 percent
G.H.W. Hedge (1989-92), 2.3 percent
G.W. Hedge (2001-08), 2.1 percent
Truman (1946-52), 1.7 percent
Obama (2009-16), 1.6 percent
Obama’s monetary arrangements fizzled America and brought about 95 million without work, the obligation at a cosmic $20 Trillion and more Americans on Food Stamps than any time in recent memory.
Obama left America wrecked!