1. The historic GDP for our nation is about 3.5....
And coming out of a deep recession, one should realistically expect 4.5 or so....
2. BUT....as Liberals have insisted on saddling the nation with this inept, incompetent ideologue....this is required reading, from the Atlanta Fed.....
"The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2015 is 0.8 percent on January 8, down from 1.0 percent on January 6.
The forecast for the contribution of inventory investment to fourth-quarter real GDP growth declined 0.2 percentage points to -0.8 percentage points after this morning's wholesale trade report from the U.S. Census Bureau."
GDPNow
Never forget who did this to America.
3. For purposes of comparison....under a real President, the finest in a hundred years...
"Ronald Reagan’s economic plan saw GDP surge at a 3.5% clip – 4.9% after the recession. That’s a 32% bump."
OBAMA vs. REAGAN on GDP GROWTH - NOT EVEN CLOSE - The Gateway Pundit
a. "How about overall growth? GDP under Reagan was turbocharged compared to the Obama years. The Reagan years brought annual real GDP growth of 3.5 percent – 4.9 percent after the recession. In inflation-adjusted 2009 dollars, GDP jumped from 6.5 trillion at the end of 1980 to 8.61 trillion at the end of 1988. That’s a 32 percent bump. As Peter Ferrara pointed out on Forbes, it was the equivalent of adding the West German economy to the U.S. one."
Sorry, Obama Fans: Reagan Did Better on Jobs and Growth
And coming out of a deep recession, one should realistically expect 4.5 or so....
2. BUT....as Liberals have insisted on saddling the nation with this inept, incompetent ideologue....this is required reading, from the Atlanta Fed.....
"The GDPNow model forecast for real GDP growth (seasonally adjusted annual rate) in the fourth quarter of 2015 is 0.8 percent on January 8, down from 1.0 percent on January 6.
The forecast for the contribution of inventory investment to fourth-quarter real GDP growth declined 0.2 percentage points to -0.8 percentage points after this morning's wholesale trade report from the U.S. Census Bureau."
GDPNow
Never forget who did this to America.
3. For purposes of comparison....under a real President, the finest in a hundred years...
"Ronald Reagan’s economic plan saw GDP surge at a 3.5% clip – 4.9% after the recession. That’s a 32% bump."
OBAMA vs. REAGAN on GDP GROWTH - NOT EVEN CLOSE - The Gateway Pundit
a. "How about overall growth? GDP under Reagan was turbocharged compared to the Obama years. The Reagan years brought annual real GDP growth of 3.5 percent – 4.9 percent after the recession. In inflation-adjusted 2009 dollars, GDP jumped from 6.5 trillion at the end of 1980 to 8.61 trillion at the end of 1988. That’s a 32 percent bump. As Peter Ferrara pointed out on Forbes, it was the equivalent of adding the West German economy to the U.S. one."
Sorry, Obama Fans: Reagan Did Better on Jobs and Growth