Thursday, March 27, 2014

Obama Is Going To Finish His Presidency With The Worst GDP Performance Since World War Two



The Bureau of Economic Analysis reports here today its third and final estimate of Q4 2013 GDP at 2.6%, up from 2.4% in the second estimate. 2013 overall remains stuck at 1.9%, another paltry sum in the fourth full year after the so-called Great Recession ended.

Obama's average report for the five years 2009-2013 is 1.24%, the worst in the post-war.

Bush's average report at 2.13%, the worst up to the time, was 1.7 times better than Obama's to date.

Even if Obama racks up 3.5% real GDP growth in each of the next three years 2014, 2015 and 2016, he'll still end up with a worse record than Bush and the worst record since World War Two.

What a complete and utter loser.