Obama was the only president in US history never to achieve at least 3% growth.
In the entire history of the US every single president, bar one, has achieved at least one year when the economy grew by at least 3%. There's only one president who failed to achieve this.
For anyone who has been paying attention, it will come as no surprise to learn that the failed president was Obama.
Obama was the only president in US history never to have a single year when the economy grew by 3%.
Here are the figures for each year of Obama's presidency:
2009: -2.8%
2010: 2.5%
2011: 1.6%
2012: 2.2%
2013: 1.7%
2014: 2.4%
2015: 2.6%
2016: 1.6%
These figures can be verified at the World Bank website.
It's also worth pointing out that the Federal Reserve helped Obama by keeping interest rates artificially low, and yet he was still unable to hit 3% growth.
There was one area where Obama was able to 'achieve' massive increases, however. During Obama's presidency, the national debt increased by $9.3 trillion!
To put that into perspective, Obama increased the national debt by almost as much as all previous presidents combined. Or to look at it another way, Obama managed to almost double the debt of a 240 year old nation in 8 years.
If you want to know what failure looks like, look no further than Obama.
#ThanksObama
For anyone who has been paying attention, it will come as no surprise to learn that the failed president was Obama.
Obama was the only president in US history never to have a single year when the economy grew by 3%.
Here are the figures for each year of Obama's presidency:
2009: -2.8%
2010: 2.5%
2011: 1.6%
2012: 2.2%
2013: 1.7%
2014: 2.4%
2015: 2.6%
2016: 1.6%
These figures can be verified at the World Bank website.
It's also worth pointing out that the Federal Reserve helped Obama by keeping interest rates artificially low, and yet he was still unable to hit 3% growth.
There was one area where Obama was able to 'achieve' massive increases, however. During Obama's presidency, the national debt increased by $9.3 trillion!
To put that into perspective, Obama increased the national debt by almost as much as all previous presidents combined. Or to look at it another way, Obama managed to almost double the debt of a 240 year old nation in 8 years.
If you want to know what failure looks like, look no further than Obama.
#ThanksObama
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