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Barack Obama Is On Track To Be The Only President In History To Never Have A Year Of 3% GDP Growth

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Barack Obama Giving A Speech - Public DomainWe just got another extremely disappointing GDP number.  It was being projected that U.S. GDP would grow by 2.5 percent during the second quarter of 2016, but instead it only grew by just 1.2 percent.  In addition, the Census Bureau announced that GDP growth for the first quarter of 2016 had been revised down from 1.1 percent to 0.8 percent.  What this means is that the U.S. economy is just barely hanging on by its fingernails from falling into a recession.   As Zero Hedge has pointed out, the “average annual growth rate during the current business cycle remains the weakest of any expansion since at least 1949″.  This is not what a recovery looks like.

In addition, Barack Obama remains solidly on track to be the only president in all of U.S. history to never have a single year when the economy grew by at least 3 percent.  Every other president in American history, even the really bad ones, had at least one year when U.S. GDP grew by at least 3 percent.  But this has not happened under Obama even though he has had two terms in the White House.

The following are the yearly GDP growth numbers under Obama.  They come directly from the official website of the World Bank

2009: -2.8 percent

2010: 2.5 percent

2011: 1.6 percent

2012: 2.2 percent

2013: 1.5 percent

2014: 2.4 percent

2015: 2.4 percent

Does that look like a “recovery” to you?

Of course not.

And many are anticipating that this latest extremely disappointing GDP number will discourage the Federal Reserve from raising interest rates any time in the near future

The disappointing report could keep the Federal Reserve on hold longer as it considers another interest rate hike. The Fed lifted its key rate in December for the first time in nine years but has held it steady since.

According to the pundits in the mainstream media, this was supposed to be the year when the U.S. economy finally returned to “normal”, but that has not happened at all.  In fact, in recent days we have gotten a spate of bad news about the economy.  We just learned that the homeownership rate in the United States has hit the lowest level ever, and Gallup’s U.S. economic confidence index has fallen to the lowest level so far this year.

With the election coming up rapidly, this is the kind of news that Hillary Clinton definitely does not need.  She needs to be able to sell the American people on the idea that the Obama years have been very good for the U.S. economy.  If things take a sharp turn down in the coming months, that may be enough to cost her the election.

So far, Hillary Clinton’s economic agenda has not received that much scrutiny, but the truth is that she hopes to increase taxes in a whole bunch of ways which would be very harmful for the economy.  The following comes from an excellent piece by John Kartch and Alexander Hendrie

Hillary has endorsed several tax increases on middle income Americans, despite her pledge not to raise taxes on any American making less than $250,000. She has said she would be fine with a payroll tax hike on all Americans, she has endorsed a steep soda tax, endorsed a 25% national gun tax, and most recently, her campaign manager John Podesta said she would be open to a carbon tax. It’s no wonder that when asked by ABC’s George Stephanopoulos if her pledge was a “rock-solid” promise, she slipped and said the pledge was merely a “goal.” In other words, she’s going to raise taxes on middle income Americans.

Hillary’s formally proposed $1 trillion net tax increase consists of the following:

Income Tax Increase – $350 Billion: Clinton has proposed a $350 billion income tax hike in the form of a 28 percent cap on itemized deductions.

Business Tax Increase — $275 Billion: Clinton has called for a tax hike of at least $275 billion through undefined business tax reform, as described in a Clinton campaign document.

“Fairness” Tax Increase — $400 Billion: According to her published plan, Clinton has called for a tax increase of “between $400 and $500 billion” by “restoring basic fairness to our tax code.” These proposals include a “fair share surcharge,” the taxing of carried interest capital gains as ordinary income, and a hike in the Death Tax.

Taxes tend to be a pet peeve of mine, so looking at that list of proposed taxes definitely makes me cringe.

If Donald Trump wants to hit the Democrats really hard on the economy, all he has to do is point out the fact that Barack Obama is going to be the only president in American history to never see 3 percent economic growth for an entire year, and he had two entire terms in which to try to turn things in a positive direction.

Sadly, things are very likely going to be worse for the economy no matter who wins the election.  Under Obama, our national debt, our trade deficit, and most of our other long-term economic problems have gotten much, much worse, and so the table is set for a major economic disaster during the next presidential administration.

And if what I have to share about the future of America in my new book is correct, we are definitely moving into a “perfect storm” that will not just be economic in nature.  The things that are coming are going to shake this nation to the very core, and I believe that we will soon face the consequences for decades of exceedingly foolish decisions.

So in the end, we may look back and long for the days of 1.2 percent economic growth, because what is on the horizon is going to make that look like a Sunday picnic.

  • 2 unavoidable things

    Taxes and Death, we get it.

  • Orac4Prez

    The thing I really hate about all the taxes is that invariably while the goals might sound nice, you end up with a huge bureaucracy to administer the money and before long, the amount distributed ends up being pennies in the dollar.

    They NEVER achieve their goals and most of the money ends up in general revenue. If as a recipient you try to claim any money, the costs are phenomenal in terms of time and compliance!

    • anonymous

      I agree, same thing happens with the tithe in churches….

  • Cafe Skin

    This is why i dont care if hillary wins, we are going down no matter who is president

    • anonymous

      Same here. President Obama may even declare martial law and run a third term. Just waiting for that economic collapse, right Michael?

    • Bill G Wilminton NC

      Maybe we Make It To Election….But Odds Are NO Election And Martial Law.

      If We Make It Vote Trump…

  • anonymous

    If President Obama says, “We don’t have time for a meeting of the Flat Earth Society,” then it’s time to have a meeting of the Flat Earth Society.

  • anonymous

    Don’t believe any growth numbers that come from a central bank. It’s like asking a criminal to count all your gold coins and make sure none are missing. But then never being held accountable for a double count.

  • K

    If Obama’s goal was not to help rebuild this Country? If instead his desire was to put it in, a slow death spiral. Or should I say, that is what the puppet masters want? Is that not how the numbers should look?

    • Bill G Wilminton NC

      Remember Shovel Ready Projects….We Just Didnt Know That Meant A Big Deep Hole With NO Bottom In Sight.

      • alan

        Digging our own graves.

        • Bill G Wilminton NC

          YUP………

  • kfilly

    Where is Snotblossom to hype Hillary? More of the same will come from that evil woman. Actually, people will probably remember the “good” Obama times when things get as bad as they will under Hillary.

    • Bill G Wilminton NC

      YUP even worse……..

    • believe

      It is time to use there method of deposing of our enemy.
      and NO ONE IN our Government is of NO HELP. Tear a page from there book ,They got by with murdering people .
      THEY get what they gave!!!!

    • Col. William Dexter

      About half the voters think Hillary will be great, because she is a woman, these voters are the wives and girlfriends of guys that hate Hillary. The best way to keep Hillary out of the White House is to keep your wife / girlfriend from voting.

      • SnohtBlossom

        Hillary is a proven leader!.. not some rich boy who won by bankrupting people, takes up numerous foreign wives, and has no experience in politics, but spouts his mouth as if he does.
        Dexter, you’re a pseudo American.

        • GV

          proven warmongering psychopath

    • SnohtBlossom

      Sorry kfilly, the engineering office had me working overtime, and I’ve been prepping my apartment for male friends.
      Hillary, our Glorious New President 2016! 😀

  • Mr Obfuscation

    As Bill said “IT’S THE ECONOMY STUPID” too bad Hussein Obama and Hillary Clinton did not learn from him. I know for sure that Hillary will be unable to fix the economy she too much of an insider; government, wall street, big banks, health insurance, pharmaceuticals, etc. Let’s hope Trump can.

    • df NJ

      It’s Chinese currency manipulation stupid.

      • Bill G Wilminton NC

        Vote Trump……

      • TheLulzWarrior

        Is their currency the world trade currency and the one needed to buy oil?

    • Bill G Wilminton NC

      YUP vote Trump !….

    • TheLulzWarrior

      Atlas Shrugged is coming true!

  • legacy of incompetence

    Obama is first president to have zero growth in any year (nada)! those growth numbers are pure fiction,i’d believe Enron growth numbers before I believe the manipulated contrived propaganda comin from dc

    • anonymous

      Right? Why can’t more people see through the deception? Frustrating sometimes…..

    • WeRThrough

      WRONG, we’ve had exponential growth in racial tensions and poverty since Odumbo every year he has been in office!

  • rat28

    George bush has dig the hole so deep, it will take any president 16 years to fill up the hole. Obama would have fit the economy in his 1st term if the obstructionists from the GOP congress has not stopped every stimulus bill to boost spending on aging infrastructure. Obama economy deserved a A+ for achieving the lowest jobless rate and a record stock market in a decade

    • df NJ

      The 2008 bank bailouts total more than 160 years worth of welfare per-year-cost.

    • Bill G Wilminton NC

      Delusional………..

      • rat28

        S&P 500 hit record high of 2100 today.. Which planet are you living in?

        • Bill G Wilminton NC

          All built on DEBT DEBT DEBT and right now the NWO Globalist Elites dem and repub are doing everything anything to NOT let Trump get elected……so the markets FLY til after the Election then Goodbye Charlie !.

          If we make it to the election I will be surprised….I will be surprised if we even have elections….more likely martial law.

          They The Elites try to convince the sheeple that all is well with our economy….anything to get Hillary elected….and maintain their elitist postions in the coming NEW WORLD ORDER.

          • anonymous

            My theory as well….always good to see a like minded person who can has critical thinking skills. I respect that about you.

          • Bill G Wilminton NC

            Gotcha but hard to miss the fact that there is an elephant in the bathroom…..

          • Oval bathroom

            Flush twice, it’s a long way to DC

          • Bill G Wilminton NC

            You mean the District of Corruption….

          • alan

            They will throw the election to Hillary. The media is pushing her like mad, which I think is the set up. Then when she wins, well the polls predicted it, and all the positive stories, of course people voted for her. Then everyone goes back to sleep.

          • Bill G Wilminton NC

            The media has lost its audience !. The people have moved for the TRUTH to the internet….

            No one is going to sleep….anymore !.

        • anonymous

          Because the rigged stock markets are a good indicator of how the “working class” is doing? The market wouldn’t be doing so hot if it wasn’t for infinite quantitative easing. Not to mention an aging population leaving the workforce, high cost of elderly care , an education bubble, a housing bubble, jobs being replaced by technology, jobs being shipped overseas, hidden inflation, rising food costs, rising fuel cost, etc. Many ways to hide a weakening economy. The mainstream news talks about almost zero inflation, I guess they don’t go shopping for necessities. Don’t pay attention to the man behind the curtain, the magic stock markets will fix everything.

        • Thomas D Guastavino

          Thats why Wall Street likes Hillary. They know she will keep interest rates near zero which is what driving the stock market higher.

      • Shovel ready FEMA camps

        Yes, due to it’s beer bonging the Klinton Kool Aid while riding the Sorosis bus enroute to either cause trouble at a Trump rally or to fill seats at the DNC convention…

    • anonymous

      You shouldn’t believe everything you see on the news. Who do you think owns the mainstream news corporations? It’s the same puppet masters who control the executive and legislative branch of our government. Did you know the Federal Reserve is not even a part of the Federal Government? We are controlled by private interests under the guise of free choice. No free speech loving person ever makes it out of the presidency alive. But you knew all that. Some funny type of sarcasm you have there……

    • Thomas D Guastavino

      It was the democrats (think Barney Frank), with the republicans as accessories to the crime, that made the banks lower their standards of credit that led to the mortgage crisis. Thats what dug the hole

      • GV

        BS, private mortgage lenders were giving loans to anybody the could fog a mirror.
        the Big Banks were greedy and nearly destroyed the economy

        • Thomas D Guastavino

          Why would the banks take the risk and issue massive amounts of sub-prime loans?

          • GV

            WHAT risk? they sold the loans, and in their emails they called the loans “dog sh*t”. total fraud, as usual

          • Thomas D Guastavino

            Exactly. The banks would have never issued these loans on their own. The government took the risk which blew up in their face and nearly destroyed the economy but the banks knew these loans were bad. Thats why the banks sold the loans as soon as they made them.

          • GV

            yep, massive fraud on the part of the banks

            yet NO heads rolled, we now live in a neo-feudal society with the Economic Elite and the Political Nobility

          • Thomas D Guastavino

            The banks may been the “accessories” to the crime but the government was mastermind behind the crime.

          • GV

            government was the “mastermind”?!?!?!?

            ROFLOL, who do you think OWNS the government???

            the Big Banks, the top 0.1%, the military-industrial-surveillance complex, etc.

          • Thomas D Guastavino

            OK, I see we are into massive conspiracy theories.

          • GV

            oh, so you think politicians don’t do anything for their payoffs……..er, I mean campaign contributions

    • old geezer

      Most firemen inherit a mess when they show up at a fire, but a least they don’t throw gas on it.

      • alan

        LOL!

    • MK

      The first two years of his first term, he had a Democratic Congress. They gave him everything he wanted

    • autofixer

      Ha! I haven’t heard “It’s Bushes fault” for a while. Drone.

    • Robert Robertson

      Hey dunbazzz…one question…why didn’t he do these things when he had the majority in both the Senate and the House?

    • Bill G Wilminton NC

      All the gov numbers are total BS………….and so is obama the muslim with no birth certificate.

    • ISA41:10

      More proof liberalism truly IS a mental disorder!!!!

    • kfilly

      You still believe in the false Democratic/Republican two party system. You have a fascist government that has a one party system masquerading as a two party system. The agenda to divide and conquer the people through this false paradigm has a maority of the sheep fooled.

  • df NJ

    The CEOs are the most powerful they have ever been in my lifetime. In 1974 the CEOs compensation was 7 times the median worker’s wage. Now it’s over 200 times.Google and watch “wealth inequality in america video” to understand what is really wrong with this country.

    • Bill G Wilminton NC

      Heading for OBLIVION….TITANIC….FAGEDABOUDIT……GOODBYE CHARLEY……GOODNITE IRENE…..THE END

    • Thomas D Guastavino

      True. Problem is you fail to understand how we got here

  • billtheguy

    If Obama had time he would massage the numbers to make the GDP look good. Anyone can make the numbers look good. Obama will/must go down as the worst president ever. I thought it might be Carter or Hoover; well; its Obama.

    • jaxon64

      Woodrow Wilson

    • Bill G Wilminton NC

      OBAMA the muslim with the fake birth certificate….gets the worst president ever award……but lol he is not american so lol they will have to take his award away from him……

  • Paul Vosper

    Bring Mr. Putin , in to run this country hillary and trump need to leave the usa . obama can move to germany .

    • anonymous

      Vladimir, is that you again? Stop trying to push your propaganda. All the government leaders are working together behind the scenes anyway. You think this is just an American problem? Just watch the growing debt in markets across the world. It will all fall apart and be under one umbrella government soon. IMHO

      • JC Teecher

        Yea, Pukin, you got too much on yer plate already, for preparing to lead the Gog/Magog federation of armies.

        • GV

          bilge

      • Paul Vosper

        No this is a true blue american from NYC !!! . more than 1/2 the world debt belongs to the USA , your taxes will go up more and more every year .

      • BS1986

        Then we will be laying fighting UN troops OR whoever they plan to use.

    • BS1986

      TRUMP 2016.

    • Bill G Wilminton NC

      TRUMP 2016

  • anonymous

    Lord Jesus, please come soon. We do not know how to treat each other. I’m tired of playing games. I just want to go home.

  • JC Teecher

    so right you are Michael, and I too have a pet peeve about taxes. When politicians say they are not going to raise taxes on the lower income and middle income households they are lying through their teeth.

    When taxes go up on the wealthy, which are mostly the business owners of the world, it gets passed on to the consumers. One way or the other it comes back to bite the average person.

    Now, ole; and I do mean old, cause she is looking weary as a wrinkled up old toad, Hitllery, is gonna follow the footsteps of her thug of a potus husband. She says she will continue with Odrama’s policies, but in reality it will be what old slick willie did.

    Most of the people, especially the younger generations don’t remember what he did after taking the oath. I do. Here is a quick review from an article in forbes.com:

    “The 1993 Clinton tax increase raised the top two income tax rates to 36% and 39.6%, with the top rate hitting joint returns with incomes above $250,000 ($400,000 in 2012 dollars). In addition, it removed the cap on the 2.9% Medicare payroll tax, raised the corporate tax rate to 35% from 34%, increased the taxable portion of Social Security benefits, and imposed a 4.3 cent per gallon increase in transportation fuel taxes.”

    It affected everyone…period. It will affect everyone and further shrink the middle classes again…period. (if she is able to steal it).

    • df NJ

      Chinese currency manipulation has more to do with shrinking the middle class than tax policies.

      • Orac4Prez

        I disagree. If you don’t tax imports and increase the costs on business how will local companies ever compete. Chinese pollution is hitting the US (and other countries) but they don’t have to both about anything. There is wholesale corruption in China and cancer and respiratory deaths are astronomical. On to of that you have R&D and IP stolen by the chinese so they have comparatively zero costs in developing products. People like to bag apple, but their user interfaces have been copied by everyone. That would have cost money too! It goes on continually…

  • Orac4Prez

    Obviously all the Republicans fault… (sarcasm). So how will Hillary go?

  • XSANDIEGOCA

    From Obama’s perspective, he has been spectacularly successful.

    • Fran

      Agree.
      Michael you have been calling collapse for years.
      And years. Very stable now

      • Bill G Wilminton NC

        You must mean Stable like whats in a Horse Stable on the floor…..

        There is only 46 million on foodstamps and 100 million not in the work force…..and homeless and tent cities in every community.

      • ALWAYSTOMORROW

        From your prospective ( your mothers basement) things are very stable.

      • TrollingforTrolls

        Stable??? Far from it. Look around, we are collapsing rapidly. A Hillary victory will be the final nail in the coffin. Hope you are ready

    • Bill G Wilminton NC

      YUP driving The U.S. into oblivion…..spectacularly successful !.

  • not me

    I didn’t vote for him!

    • Bill G Wilminton NC

      Trump for President….Hillary for Jail !.

  • jakartaman

    I am not worried Hillary is going to fix her old bosses failures- sarc
    How much longer until 1/20/17 when Trump takes the oath of office

  • DJohn1

    New Taxes under Democrats could swing a lot of elections.
    Nothing reaches Americans more than at tax revolt would.
    But where are the main media on all of this?
    Change Number One: Sell off the ownership of the media so that it becomes competitive and writers can expose things like this. Right now it is more like a Russian News Service. Totally censored.
    I want voting records of those up for election along with a simple question format on issues.
    Are you for killing babies? Then why did you vote FOR this legislataion, etc.
    Why did you vote FOR Planned Parenthood funding?
    This kind of reporting puts the politicians on a spotlight. It used to be that could get done all the time.

    • Bill G Wilminton NC

      You are good…. great post thanks……..if I could I would give ya ten upvotes !.

      Shalom

    • GV

      it was Slick Willie that deregulated the media so 6 corporations could control over 90% of the media

  • louis

    These figures must be wrong-that is what Hillary is telling us -the economy is great , everything is good . so you must believe her because she never lies .

    • Bill G Wilminton NC

      BS………..

  • Anton Ossa

    OBAMA MAY BE THE FIRST BUT HE PROBABLY WON’T BE THE LAST!

  • viking nation

    Yet people are voting for Hillary Clinton Why when she has the same policy’s of Obama?

    • df NJ

      New Jersey will most like vote for Trump. Everyone I talk to have absolutely no love for Hillary. Every man or woman I know who has expressed a political opinion have never once said they were voting for Hillary.

    • Bill G Wilminton NC

      The main stream media tells ya that hillary is in the running ….the Internet says GOODBYE HILLARY landslide for Trump.

      • viking nation

        I hope their right, I know im voting Trump

        • Bill G Wilminton NC

          Was at an adult birthday party today for 40 people seemed everyone I spoke to was for Trump and that seems to be the case everywhere I go……I am at the point now if I am at a lunch spot I very politely ask the person next to me ” hey who you voting for ” and now I invaribly hear ” Trump who else ” and then we both laugh and talk about the horror of a Hillary Presidency and the Muslim we got now for President….I believe it will be a landslide Trump victory IF WE MAKE IT TO ELECTION.

    • ALWAYSTOMORROW

      Hillary is promising free collage tuition, cheap day care and lots of other “free” goodies paid for by tax payers!?

      • Bill G Wilminton NC

        How about FREE AUTO with FUEL and INSURANCE to get to your FREE COLLEGE and FREE COLLEGE CLOTHES and FREE PANERA bread CREDIT CARD for lunch…….

      • viking nation

        That’s right & who will really pay for us the people.Hillary said she will make the rick paid for it. by making their Taxes The rich is paying 28% tax now. By making them pay even more will only force them to move their companys out of america Or Cut the hours of the people working for them. Her plan Well it really doesn’t make scents does it. Higher taxes on the rich sounds good but its not good for us people. This is Trumps Tax plan that will help everyone get back to work,take a look–>Trump’s Flat Tax income from 30,000 to 100,000 results in a flat 5 percent, also Lower tax rates on capital gains. Your Paycheck 40 percent higher then it currently is.Imagine having 40 percent more in your check for your family.. Think of how many more Jobs & opportunities for you & other 40% more could mean for all of us. Trump said Those making UP to 30,000 will only pay 1 percent Tax & A income from 30,000 to 100,000 will pay 5 percent Tax Incomes from 100,000 to 1 million will be Taxed at 10 percent Now on 1 million or above will be Taxed 15 percent IT is Clear & Fair…. Trump also has a 5 point economic plan that encourages growth, savings, & ivestments for our country. Hillary has nothing that can compare.

  • lincolnlincolnlincoln

    hillary has a lady part, hence is soooo qualified

    • Bill G Wilminton NC

      YES but she should be the attendant in the Ladies Room and is sooooooo qualified to be in the crapper room.

  • mtntrek3

    Let’s see if I can rephrase my last post that is being held hostage by ?, for whatever reason. GDP is likely to continue on it’s downward spiral no matter who ends up in office. Hillary a global puppet, Trump a lunatic. Both weasels….. albeit different lineage. No saviors to be found here. My Savior is Jesus. Difficult and dangerous times are increasing as the Lord has said in His Word. Our society is failing in many ways. Faith in God through Jesus is what we need most.

    • Bill G Wilminton NC

      Hillary is a corrupt person and “The Lunatic”… read Secret Service Agent Gary Byrne’s top selling book ” Crises Of Confidence ” all about guarding Hillary and Bill in the White House. Mr Byrne was on Fox’s Hannity last Monday.

      And go further back in time to the other secret service agent “tell all” book of the late 90’s that states the same ” Lunatic ” irrational behavior of Hillary.

      In addition Hillary is a total NWO Globalist Puppet. She has proudly stated that Saul Alinsky is her mentor and even wrote her college graduation thesis on the life and views of Saul Alinsky.

      Trump has thousands ” thousands” of people working for him and many of these people for decades. All speak very highly of him and state Trump is a pleasure to work for and with. Where do you get the audacity to call Trump a lunatic and weasel….I have met the Weasel Profile in my life but I have also met ” The Stand Up Guy Profile ” and Trump fits the latter profile. Bill Clinton fits “The Weasel” to a T with his moving woman in out the back door while his wife sits in the parlor sipping tea “Thats A Weasel”

      Trump is NOT a Savior but I do believe that God has HIS hand on his shoulder as no person could accomplish what he has done without divine help.

      • buffalo lips

        If the literal genocide of the unborn children of Americans of African heritage is ever going to stop, they’re going to have to stop it themselves – within their own culture and with their votes. Until now, their hypocrisy has been stunning. The Obama phone (and everything it represents) is arguably more important to them than their own unborn children. And if the carnage in Chicago is any indication, how can anyone conclude that black lives really do matter to Americans of African heritage? Or any life? Wow. You have to wonder which came first, liberalism or stupidity?

      • mtntrek3

        No decent candidates. I can’t even vote for the lesser evil of the two main candidates anymore. My vote for Hillary I’m regretting. Trump is a phony and a nut job. I say many that back Trump worship him. Many that back Obama worship him. Dangerous stuff. The antichrist will be on the scene in the near future….. the masses are being conditioned to worship him when he arrives. I don’t worship any man or woman…. I worship the Lord God.

        • JC Teecher

          If you ever voted for billery on anything, Chris; it tells me that you have only recently awakened.

          I am not holding that against you, just saying that you have a lot of company.

          The jury will be out for sometime on the trumpster, but, “we won’t ever know what’s in the bill, until we pass the bill.”
          (replace bill with the donald).

          • mtntrek3

            Prob’s with both main pol. parties. Abortion/gay marriage are the two main issues w/ the Dem’s. Gay marriage I don’t agree with… abortion I wish would never happen. However, in some uncommon to rare cases I think abortion might need to be performed. It’s still a horrible thing of course, a life is involved. Dem’s seem to side more w/ the working class, whereas Rep’s side more w/ corporations and the rich. Having said that, I think as time has gone on that both major political parties are becoming more pro elite/pro corporate and global. NWO agenda from both sides. As for Trump…… he talks a lot of things, to me most of what comes out of his mouth is delusional crap. Lol. Yep, we need help in the country, and he’s got a lot of people fired up. Besides firing many up, he’s not got much if anything else but some fantasies for ideas. I’m tired of the same old crap and the way things are going also…… we’ve had enough of Clintons and Bushes IMO besides other things. But Trump, nah. However…. I’d say we’re probably going to get to see what happens w/him in office. Whew. Lord help us no matter which one is elected.

        • Bill G Wilminton NC

          For the people that back Trump it was an easy choice ! He is the only one who had the GUTS to say all the things that the typical American wanted to SCREAM OUT.

          Its NOT Worship but Relief…..Relief that someone is talking about the issues that real Americans want talked about.

  • Truegrit

    Could it just be the last days of 30 years of Keynesianism and Obo is just the the last dupe without a chair when the music stops?

  • greanfinisher .

    After the Hillary witch wins the November election, and before he leaves office, Obama will impose the registration of all privately owned firearms. Once the witch is sworn in, she will order the confiscation of those firearms.

  • Austinniceguy

    Well, let’s see, when the elephant eared moron took office the deficit was at 10.626 TRILLION dollars, it is now at 20 TRILLION dollars, NOT counting unfunded liabilities!!! When he took office there were roughly 28 million people on welfare, there are now around 46 million. While the ACA, built on nothing but lies and insults, DID help get the poorest and sickest insured, it has wreaked havoc on the middle class and is now in jeopardy of being dropped by the 3 largest insurers because of mounting losses. Wendy’s Carl’s Jr. and McDonald’s have all announced plans to automate their ordering counters in response to the $15 minimum wage policy, effectively eliminating 100’s of thousands of low skill jobs in this country. Then we have the gash telling voters that she WILL shut down ENTIRE industries, leaving 100’s of thousands of THEM unemployed. Yep, it’s a real brain wrecker trying to figure out who should be our next president.

  • Daniel from TN

    obama will be the first president to not have a GDP of 3% in a single year. Why is that a news flash? That was his goal.

  • DB200

    Michael,

    I would also endorse a steep soda tax if not put limits to how much sugar can be put into soda. Search the documentary “fed up” on youtube and watch, then you understand why soda is poison. Sugar is more addictive than morfine. So for once she was right. But that may be the exception to the rule.

    Now the growth of the economy. I would like to know if the growth of the economy is bigger than the growth of the federal debt in dollar terms. If it is negative than you know that the real economy has been shrinking. My guess is that the result of “increase GDP – increase federal debt” is close to zero for the entire Obama presidency. But as a numbers man, maybe you could give us the facts?

    • greanfinisher .

      The bottlers had stopped using sucrose with their soft drinks since the mid ’80’s, and substituted it with high fructose syrup. While this switch made it more profitable for the bottlers, it ruined the taste in the process.

      • Bill G Wilminton NC

        Find Coca Cola from Mexico they use real sugar. Some local stores carry it….ask around…

        • greanfinisher .

          I know, and as you say, some local stores (Sam’s Club, etc.) carry it. Still, it’s not widely available here.

          • Bill G Wilminton NC

            Thanks for the info about Sams….I dont drink soda anymore but for fun and once a year for a treat would have a taste with a few friends to remember what coke was as kids.

            Gosh when I was a kid coke was only available in those thick glass 6 oz bottles(with 1 penny bottle return) and to have one was exceptional. Lol the good old days were not so bad.

            Now the kids buy 24 oz Slurpess just filled with high fructose corn syrup and #5 red dye and WADDLE back 5 hours later for another….yup WADDLE BACK !..

  • themacabre

    When you consider the Government understates inflation by 2% at least, those numbers from 2012-2015 look like this:
    2012 – .2%
    2013 – (-.5%)
    2014 – .4%
    2015 – .4%

    • df NJ

      Inflation caused by currency is meaningless. Customers do not have disposable income. Real inflation is caused by customers having money to spend. The piggy CEOs are not interested in sharing the wealth.

    • JC Teecher

      also, it has been indicated that the Federal spending is added to the total GDP figures.

      If true, what a crock full of fuzzy math included in the WB numbers for gdp.

      • df NJ

        Why do you care? All you guys want is to get Obama with gotcha and say he’s a bum. Do you can for the people or just to make Obama look like a Shiite?

        • JC Teecher

          i could ask you the same thing.
          Having a bi-polar moment?

          • Crazy in NJ

            Frequently and in grand fashion.

  • df NJ

    No factories no growth. No factory workers no customers DON’T YOU GET IT YET??????

    Chinese have pegged the Yuan to the dollar 6 to 1. This means a CEO gets 6 Chinese workers for every one American worker. Chinese currency manipulation has destroyed this country better than if the communist Chinese invaded this country with tanks.

  • Worship Christ, not Gov’t

    The captive media already have their hooks in the apathetic and under informed masses, and have had success distracting and redirecting attention. When this force is directed by the greatest evil to highlight it’s miracles and to socialize its other tactics it will be unstoppable and quickly ascend with all power levers under its control and the masses eating out of its hands.

  • D Hyde

    Well what is one to expect when you have a “DO NOTHING Republican Congress?

  • Phil Esposito

    That’s his plan to cripple America and flood it with immigrants. Rotten POS a-hole.

  • James Wall

    First of all this is not the proper way to represent data for statistical analysis so I took the liberty of plotting GDP (inflation corrected real and year over year %) as a function of year (the correct representation) from 1950-2015 (I have a lot of time on my hands today). The real GDP shows (almost) exponential growth from 1950-2015 with slight downturns starting during Nixon’s (R) second term, Carter’s (D) single term, George HW Bush’s (R) single term, and a significant downturn during George W Bush’s (R) second term. GDP growth went from negative to positive (economic turnaround) during Ford’s (R) first term, Reagan’s (R) first term, George HW Bush’s (R) single term, and Obama’s (D) first term. Side note: Inflation adjusted real GDP growth accelerated rapidly under Bill Clinton (D). The year over year % GDP growth is all over the place but corresponds to the above if you look closely at the data. The trend of % GDP decreases as a function of time, as one would expect as growth is slightly slower than a true exponential model (if GDP growth were truly exponential, one would expect the % GDP trend to remain constant over time). As real GDP is increasing (almost) exponentially, % GDP varies in its representation of growth in terms of inflation adjusted dollars as a function of time and, as such, is not really a good indicator of real, inflation adjusted economic growth. For example, 3% GDP growth in 2015 is equivalent to 4.63% in 1990 and 6.43% in 1980. Using % GDP as an economic indicator assumes that real GDP follows a true exponential function, which it does not – it is slightly slower as a function of time.Tis is why I do not understand why talking heads like the person that published this article always make a big deal about % GDP growth year over year. I suppose they assume most people do not have a strong grasp of statistics or they have no idea what they are talking about, which I believe is more likely. I bet he thought he was really clever when he produced that plot.

  • John Munro

    The only one in history who should have been removed yet Congress did noting but use him to become more corrupt 1 in history.

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