This ranks Obama as the fourth worst presidency on record. FACT Progressives cannot deny!!

FACT Progressives cannot deny!!  Except that they will try...desperately.


After 8 Years It’s Clear=> Obama’s Economic Policies Cannot Hold Up to Reaganomics
Jim Hoft Jan 2nd, 2017 7:53 am 41 Comments

Obama’s just like Reagan… Except that he isn’t.

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.

Obama will be lucky to average 2% growth in his final year in office.

According to Louis Woodhill, if the economy continues to perform below 2.67% GDP growth rate this year, President Barack Obama will leave office with the fourth worst economic record in US history.

Assuming 2.67% RGDP growth for 2016, Obama will leave office having produced an average of 1.55% growth. This would place his presidency fourth from the bottom of the list of 39*, above only those of Herbert Hoover (-5.65%), Andrew Johnson (-0.70%) and Theodore Roosevelt (1.41%)

And as far as job growth Barack Obama has been a complete failure — despite what he says.

Barack Obama likes to boast about creating jobs and the liberal media establishment lets him get away with it but here is the truth —
Obama’s purported job creation has not kept up with population growth according to DC Whispers.



http://www.thegatewaypundit.com/2017/01/8-years-clear-obamas-economic-policies-cannot-hold-reagans-record-setting-years/

Yes, Jim Hoft truly is the Stupidest Man on the Internet. There’s really no one else even close in the crowded field of dim-witted right wing derpitude. And today he proves it yet again with another BREAKING! post that’s going to blow the “Hillary’s Health” story wide open!

BREAKING: 71% of Doctors Say Hillary Health Concerns Serious, Possibly Disqualifying!

Breaking!

Now this…

71% of doctors interviewed say Hillary’s health concerns are serious and possibly disqualifying.

PR Newswire reports…

Hoft either doesn’t know or doesn’t care that PR Newswire doesn’t “report” anything. It’s a paid press release service. People and groups give them money to publish their releases, with no editing or “reporting” at all.

But it gets even stupider! Because the group that paid for this nonsensical story Hoft headlines as BREAKING NEWS is the Association of American Physicians and Surgeons, an innocuous-sounding name that conceals one of the most ridiculous crackpot far right organizations in America, who promote AIDS denial, Birtherism, anti-vaccination craziness, and even pushed a conspiracy theory that Obama hypnotized Jews into voting for him in 2008 with mysterious hand gestures and body language. These are the loony doctors B-movies have been warning us about for years.

Keep up the good work, Jim! You’re way ahead of the pack when it comes to promoting the dumbest conspiracy theories imaginable.

**********

ZVUGKTUBM wrote:The gatewaypundit.com is about two steps below breitbart.com in reporting truthful news.......

Are the FACTS true or false?

Go for it!

Are the FACTS true or false?

Go for it!

The economic facts in regard to GDP growth are absolutely true, but of course to understand which facts are relevant requires an education. Specifically, a graduate or above education in economics. It is so bone chilling stupid when somebody uses the labor participation rate as a fact to describe something they do not understand, as it is trying to understand the absolute failure of trickle down economics and the idea that Reagan's policies were factually responsible for the economic growth. Economic growth is mostly driven by demographics and demand. America's population bubble was coming out the their college days and into the work force in 1980 through 2000. From 2000 to the present folks started retiring. Retiring folks do not spend as young families do. However, deficits are largely controlled by the executive and legislative branch where spending does in fact stimulate the economy and pile the debt up. There are few economists who disagree on the failure of the Reagan economic policies which many argue caused the great collapse as the wealth distribution and lack of median income growth from the Reagan years. You see that GDP growth went at about 80% of any gains to just 1% of Americans, while President Obama having a much smaller growth was the first President in Almost twenty years that had real dollar growth in the median income index which Reagan began the great slide of the American middle class into no real growth in Median income for thirty plus years while the 1% boomed.

So the fact of GDP isolated to determine economic health is like taking the blood pressure of a dying stage four cancer patient and saying you have record blood pressure readings......economics is complex.....facts are dynamic and related.

2seaoat wrote:Are the FACTS true or false?

Go for it!

The economic facts in regard to GDP growth are absolutely true [remainder]

You could easily have saved time and trouble by just stopping there. Why didn't you stop with the FACTS?

Because GDP is only ONE fact. Median income index, debt accumulation and deficit spending, and wealth distribution facts tell the whole story in context, and yes I understand you do not have the education to absorb the same.

Reagan's debt is a rounding error compared to Obama's debt. And that's not meant to excuse it.

Just the facts. No president has come close to burning through cash like Obama.

PkrBum wrote:Reagan's debt is a rounding error compared to Obama's debt. And that's not meant to excuse it.

Just the facts. No president has come close to burning through cash like Obama.

Even Democrats are coming around to the failure of Petulant President Barack Hussein Obama. Sadly, the Progressives here are far too invested and bull-headed to concede the error of their ways.

What are they gonna do when things improve?