Saturday, May 30, 2015

Obamanomics: WORST Economy On Record!

"President Barack Obama has presided over the lowest average first-quarter GDP growth of any president who has served since 1947, which is the earliest year for which the Bureau of Economic Analysis has calculated quarterly GDP growth.

"In all first quarters since 1947, the real annual rate of growth of GDP has averaged 4.0 percent.

"In the seven first quarters during Obama’s presidency, it has declined by an average of -0.43 percent. And if you leave out the first quarter of 2009 and look only at the first quarters of the six years since the recession ended, it has averaged only 0.4 percent."

-From CNS News
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