U.S. Has Record 10th Straight Year Without 3% Growth in GDP

[bripat9643]

The libturds are always telling us how the economy is doing so great under Obama. However, the American people know something is wrong. I doubt they would be happy with the idea of European style growth for the rest of century. Obama and the libturds are always saying we should emulate Europe, and now we are.

U.S. Has Record 10th Straight Year Without 3% Growth in GDP​

(CNSNews.com) - The United States has now gone a record 10 straight years without 3 percent growth in real Gross Domestic Product, according to data released by the Bureau of Economic Analysis. The BEA has calculated GDP for each year going back to 1929 and it has calculated the inflation-adjusted annual change in GDP (in constant 2009 dollars) from 1930 forward. In the 85 years for which BEA has calculated the annual change in real GDP there is only one ten-year stretch—2006 through 2015—when the annual growth in real GDP never hit 3 percent. During the last ten years, real annual growth in GDP peaked in 2006 at 2.7 percent. It has never been that high again, according to the BEA.​

 

[ScienceRocks]

And liberterianism and defunding all of our investments will change this? lol

 

[bripat9643]

And liberterianism and defunding all of our investments will change this? lol

Welfare isn't an investment. Yes, cutting government will do wonders for our economy. Government is the only thing wrong with it.

 

[Rexx Taylor]

how can they call all this growth when they have to borrow a trillion a year?

 

[Tax Man]

Go back to grammar school and learn what money is and how buying foreign made products take it out of the country.

 

[Rexx Taylor]

such BS that the deficit has been reduced? the deficit was 9 trillion under Bush,,,,now its pushing 20 Trillion! but Democrats dont care, they have already stolen our tax dollars and used it for those estates on the beaches

 

[Rexx Taylor]

the only thing that has grown 3% is Bidens weener being he has gotton to meet so many 12 yr old girls

 

[Rustic]

The libturds are always telling us how the economy is doing so great under Obama. However, the American people know something is wrong. I doubt they would be happy with the idea of European style growth for the rest of century. Obama and the libturds are always saying we should emulate Europe, and now we are.

U.S. Has Record 10th Straight Year Without 3% Growth in GDP​

(CNSNews.com) - The United States has now gone a record 10 straight years without 3 percent growth in real Gross Domestic Product, according to data released by the Bureau of Economic Analysis. The BEA has calculated GDP for each year going back to 1929 and it has calculated the inflation-adjusted annual change in GDP (in constant 2009 dollars) from 1930 forward. In the 85 years for which BEA has calculated the annual change in real GDP there is only one ten-year stretch—2006 through 2015—when the annual growth in real GDP never hit 3 percent. During the last ten years, real annual growth in GDP peaked in 2006 at 2.7 percent. It has never been that high again, according to the BEA.​

There is no such thing as a good economy with the progress of government, suck ass kiss ass is the name of the game with Barry there

 

[saveliberty]

Most CBO projections for the deficit reduction need higher GDP numbers to support it. Obamacare needs it higher too.

 

[bripat9643]

Most CBO projections for the deficit reduction need higher GDP numbers to support it. Obamacare needs it higher too.

Obamacare is one of the main reasons economic growth has remained anemic.