Friday, July 29, 2016

After 30 pathetic quarters Obama GDP lags Bush GDP by 35%

Bush grew current dollar GDP by 41.5% after 30 quarters. Obama has grown GDP by just 26.7%.

Bush GDP grew by $4.34 trillion while Obama GDP grew by $3.89 trillion over the comparable periods.

Current dollar GDP in the last three years has been growing by an average of $596 billion year over year. With two quarters to go and if that average continues to obtain, Obama GDP will grow by $4.2 trillion total, or 29%.

Bush GDP finished up 39%.

Obama GDP is thus likely to end up lagging Bush GDP by over 25% in the final analysis.

Under Bill Clinton current dollar GDP grew by $3.77 trillion or 56%.

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