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Saturday, May 30, 2015

Community Agitator-Communists are Economically Challenged!

Obama is one of the most inept, ignorant, communist-fascist bent presidents this nation has had the bad luck to suffer through. From the beginning, he was in way over his head, taking no responsibility, perpetually blaming others for his failing and having no skill in administration and no sense to hire anyone who had it.

Simply put, he's an ego driven fool! m/r

Blame It on Global Cooling? Obama Has Lowest Average 1stQ GDP Growth of Any President on Record

By Terence P. Jeffrey | May 29, 2015 

Even if you leave out the first quarter of 2009—when the recession that started in December 2007 was still ongoing--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.
In the six years of Harry Truman’s presidency for which the BEA has calculated quarterly GDP, the annual rate of growth in GDP in the first quarter averaged 4.5 percent.
During President Eisenhower’s eight years, it averaged 3.2 percent. During Kennedy’s three years, it averaged 4.9 percent. ...

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