It’s common knowledge that Barack Obama was the worst economic president since at least 1949.
Barack Obama was the only President to have not had even one year of 3% GDP growth.
Here is the complete list of average annual real GDP growth by postwar president (in descending order):
Johnson (1964-68), 5.3%
Kennedy (1961-63), 4.3%
Clinton (1993-2000), 3.9%
Reagan (1981-88), 3.5%
Carter (1977-80), 3.3%
Eisenhower (1953-60), 3.0%
(Post-WWII average: 2.9%)
Nixon (1969-74), 2.8%
Ford (1975-76), 2.6%
G. H. W. Bush (1989-92), 2.3%
G. W. Bush (2001-08), 2.1%
Truman (1946-52), 1.7%
Obama (2009-15), 1.5%
Barack Obama’s best year of GDP growth was 2.6 in 2015 (a year in which the stock market decreased in value).
2009 — -2.8
2010 — 2.5
2011 — 1.6
2012 — 2.2
2013 — 1.7
2014 — 2.4
2015 — 2.6
2016 — 1.5
President Trump has seen quarterly GDP rates of 1.2, 3.1 and 3.3.
The New York Federal Reserve revised its estimated fourth quarter GDP of 2017 to 3.93.
This will give President Trump an annual GDP rate of 2.9 in 2017 or possibly higher.
President Trump’s first year in office will beat Barack Obama’s best year ever.
The post Federal Reserve Bank: Trump’s Estimated 2017 Annual GDP Rate Will Beat Barack Obama’s Best Year Ever! appeared first on The Gateway Pundit.