A few of our "economic ex-spurts" will now ridicule these FACTS. More desperation will ensue.
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Facts Are Facts=> Obama Owns Worst Economic Numbers in 80 Years, Since 1932
Jim Hoft Jul 30th, 2015 8:35 am —18 Comments
Big government Obamanomics is even worse than we thought.
The US economic expansion is the worst on record since World War II.
Thanks to Obamanomics the US economy is plodding through the worst recovery in decades.
“
The economic expansion—already the worst on record since World War II—is weaker than previously thought, according to newly revised data.
From 2012 through 2014, the economy grew at an all-too-familiar rate of 2% annually, according to three years of revised figures the Commerce Department released Thursday. That’s a 0.3 percentage point downgrade from prior estimates.
The revisions were released concurrently with the government’s first estimate of second-quarter output.
Since the recession ended in June 2009, the economy has advanced at a 2.2% annual pace through the end of last year. That’s more than a half-percentage point worse than the next-weakest expansion of the past 70 years, the one from 2001 through 2007. While there have been highs and lows in individual quarters, overall the economy has failed to break out of its roughly 2% pattern for six years.
http://www.thegatewaypundit.com/2015/07/facts-are-facts-obama-owns-worst-economic-numbers-in-80-years-since-1932/
The Wall Street Journal reported:
http://blogs.wsj.com/economics/2015/07/30/the-worst-expansion-since-world-war-ii-was-even-weaker/?mod=WSJBlog
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Facts Are Facts=> Obama Owns Worst Economic Numbers in 80 Years, Since 1932
Jim Hoft Jul 30th, 2015 8:35 am —18 Comments
Big government Obamanomics is even worse than we thought.
The US economic expansion is the worst on record since World War II.
Thanks to Obamanomics the US economy is plodding through the worst recovery in decades.
“
The economic expansion—already the worst on record since World War II—is weaker than previously thought, according to newly revised data.
From 2012 through 2014, the economy grew at an all-too-familiar rate of 2% annually, according to three years of revised figures the Commerce Department released Thursday. That’s a 0.3 percentage point downgrade from prior estimates.
The revisions were released concurrently with the government’s first estimate of second-quarter output.
Since the recession ended in June 2009, the economy has advanced at a 2.2% annual pace through the end of last year. That’s more than a half-percentage point worse than the next-weakest expansion of the past 70 years, the one from 2001 through 2007. While there have been highs and lows in individual quarters, overall the economy has failed to break out of its roughly 2% pattern for six years.
http://www.thegatewaypundit.com/2015/07/facts-are-facts-obama-owns-worst-economic-numbers-in-80-years-since-1932/
The Wall Street Journal reported:
http://blogs.wsj.com/economics/2015/07/30/the-worst-expansion-since-world-war-ii-was-even-weaker/?mod=WSJBlog