Obama First In US History To Not Reach 3% Economic Growth
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The Obama administration is scurrying to blame anyone other than themselves for the complete failure that will go down as the fourth worst economic Presidency in American History. Obama is closing in on the embarrassing distinction of being the only U.S. President in American history to fail to oversee even one year of 3.0% economic growth. Jim Hoft of the Gateway Pundit writes "On Thursday the Commerce Department announced that the US economy expanded at the slowest pace in two years. GDP growth rose at an anemic 0.5% rate after a paltry 1.4% fourth quarter advance. Ronald Reagan brought forth an annual real GDP growth of 3.5%. Barack Obama will be lucky to average a 1.55% GDP growth rate. According to Louis Woodhill, if the economy continues to perform below 2.67% GDP growth rate this year, President Barack Obama will leave office with the fourth worst economic record in US history." Woodhill of Real Clear Markets writes "Assuming 2.67% RGDP growth for 2016, Obama will leave office having produced an average of 1.55% growth. This would place his presidency fourth from the bottom of the list of 39*, above only those of Herbert Hoover (-5.65%), Andrew Johnson (-0.70%) and Theodore Roosevelt (1.41%)” Furthermore, Herbert Hoover’s presidency began right at the beginning of the Great Depression. Andrew Johnson, Lincoln’s Vice President only escaped the same fate as Honest Abe because his would be assassin George Atzerodt got drunk. Johnson then proceeded to oversee the mountainous task of reconstruction in the wake of the American Civil War. And Teddy Roosevelt became President after McKinley was killed by an anarchist. Having survived the Great Depressions of the 19th Century Roosevelt then went on to endure the Panic of 1907 and ensured future economic growth by waging war on corporate corruption by filing no less than 40 antitrust suits against the robber barons of the emerging 20th Century. Obama simply inherited George Bush’s baton of NAFTAesque trade deals, but rather than diminishing the damage waged on the American worker as he promised in his campaign speeches. Obama expanded the trade deals into sovereign killing New World Order behemoths and promoted them in secret for the globalist corporate banisters that financed his career. It appears a disclaimer is in order considering the current climate branding any open minded discussion of…well just about anything to be racist. In my humble opinion, Obama isn’t the worst President in history because he is black. It’s because he truly is perpetually mindful when it comes to responding to the will of the globalists and completely detached from the will of the American people. Help us spread the word about the liberty movement, we're reaching millions help us reach millions more. Share the free live video feed link with your friends & family: http://www.infowars.com/show Follow Alex on TWITTER - https://twitter.com/RealAlexJones Like Alex on FACEBOOK - https://www.facebook.com/AlexanderEmerickJones Infowars on G+ - https://plus.google.com/+infowars/ :Web: http://www.infowars.com/ http://www.prisonplanet.com/ http://www.infowars.net/ :Subscribe and share your login with 20 friends: http://www.prisonplanet.tv http://www.InfowarsNews.com Visit http://www.InfowarsLife.com to get the products Alex Jones and his family trust, while supporting the growth of our expanding media operation. [http://bit.ly/1WYw8jp] Vitamin Mineral Fusion™ [http://bit.ly/1QYBNBv] Joint Formula™ [http://bit.ly/1nNuR3r] Anthroplex™ [http://bit.ly/1ljfWfJ] Living Defense™ [http://bit.ly/1Iobcj2] Deep Cleanse™ [http://bit.ly/1DsyQ6i] Knockout™ [http://bit.ly/1Kr1yfz] Brain Force™ [http://bit.ly/1R5gsqk] Liver Shield™ [http://bit.ly/1cOwQix] ProstaGuard™ [http://bit.ly/1mnchEz3] Child Ease™ [http://bit.ly/1xs9F6t] WinterSunD3™ [http://bit.ly/1L3gDSO] Ancient Defense™ [http://bit.ly/1EHbA6E] Secret-12™ [http://bit.ly/1txsOge] Oxy Powder™ [http://bit.ly/1s6cphV] Occu Power™ [http://bit.ly/1rGOLsG] DNA Force™ [http://bit.ly/1nIngBb] X2 Survival Shield™ [http://bit.ly/1kaXxKL] Super Female Vitality™ [http://bit.ly/1mhAKCO] Lung Cleanse™ [http://bit.ly/1mGbikx] Silver-Bullet - Colloidal Silver™ [http://bit.ly/1xcoUfo] Super Male Vitality™ [http://bit.ly/1z5BCP9] Survival Shield - Nascent Iodine™ [http://bit.ly/1o4sQtc] Patriot Blend 100% Organic Coffee™ [http://bit.ly/1iVL6HB] Immune Support 100% Organic Coffee™ All available at - http://www.infowarsshop.com/ INFOWARS HEALTH - START GETTING HEALTHY BEFORE IT'S TOO LATE - http://www.infowarshealth.com/ Newsletter Sign up / Infowars Underground Insider : http://www.infowars.com/newsletter
Comments
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s.t.f.u racist! obama has created jobs throughout social service and your tax money, your delusional he's the best president compared to a mob of rats in the sewer.
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Promises...
-I taught the Constitution for 10 years. I believe in the Constitution.
-I will not use signing statements to nullify or undermine congressional instructions as enacted into law.
-I will go over the federal budget “line by line” to weed out waste and corruption and would thereby save so much money that it would go a long way to balance the budget.
-“When there’s a bill that ends up on my desk as president, you the public will have five days to look online and find out what’s in it before I sign it, so that you know what your government’s doing.”
-In the coming weeks, I will be announcing the elimination of dozens of government programs shown to be wasteful or ineffective. In this effort, there will be no sacred cows, and no pet projects.
-We need transparency in government to cross political lines to be Bi-partisan.
-We need televised debates.
-We need to reduce this "unpatriotic and ill responsible" debt.
-I will eliminate lobbyists in my administration.
-I will take action against earmarks, earmarks would be banned from any stimulus bill that I sign into law.
-I promise to "thin the ranks of Washington middle managers, freeing up resources both for deficit reduction and for increasing the number of frontline workers."
-I will reset relations with Russia. I will get us friendly relations with this immensely important country.
-I will sit down with leaders and bring peace to the Middle East. I will create a new, peaceful, productive relationship with Iran.
-I believe that marriage is between a man and a women 2008.
-I Promise to Veterans to strengthen the Veterans Administration.
-Under my plan of Cap & Trade electricity rates would necessarily skyrocket.
-I cannot guarantee that it is going to be in the first 100 days. But, what I can guarantee is that we will have – in the first year – an immigration bill that I strongly support.
-If someone wants to build a new coal-fired power plant they can, but it will bankrupt them because they will be charged a huge sum for all the greenhouse gas that's being emitted.
-In Afghanistan, he attended an event with the troops The United States of America does not quit once it starts on something. You don't quit. The American Armed Services does not quit, we keep at it, we persevere and together with our partners, we will prevail.
-“The only people who don’t want to disclose the truth are those with something to hide”…
-Obama said he would only travel to Cuba if there was progress in the liberty and freedom of Cubans. The White House admitted there has been none - and Obama says he's visiting for 'fun.'
-I will Fundamentally Transform America.
Results…
-32+ Czars.
-Forcing Rick Wagoner, the chairman and CEO of General Motors, to step down.
-Bailing out the top execs/Unions at GM while leaving stockholders high and dry.
-36+ Tax payer funded Green Energy company failures. EPA regulations that stifle the coal industry resulting in a direct loss of 75,000 coal generation jobs in the U.S. by 2020.
-Revised plan mandates a 32 percent cut in Coal fired power plants emissions.
-The stimulus failed, quantitative easing, and artificially low interest rates.
-Cash for Clunkers.
-Socializing of Healthcare, banks and policies.
-Inflation (see), critical goods like food and gasoline.
-Food stamp usage increased 45.5 percent.
-Twice lowered the National credit rating.
-Failure to pass budgets (ie.sequester).
-National debt in 2008 was 9 trillion, today 19.3 trillion http://www.usdebtclock.org/
-Poor Job prospects, lowest labor participation rate since 1977.
-Race tensions are the highest in 40+ years.
- "The White House originally denied that the bust had been removed and sent back to Britain, before admitting that it actually had."
-My Brother’s keeper.
-Treyvon Martin, Professor Henry Louis Gates Jr, (sticking his opinion into other people's business).
-Mentors, George Soro’s, Rev Wright, Bill Ayers, Saul Alinsky, Frank Marshall Davis……
- 2010 Changed the NDAA so that American citizens can be arrested, detained indefinitely, with no charges,
no attorney, no trial.
- 2012 he changed the NDAA to say he can seize the entire infrastructure of America, the businesses, the farms, the water, transportation, everything, to rebuild the infrastructure of ANY foreign country, even during times of peace.
-Rail road of the Keystone Pipe line.
-Fuel prices doubled.
-Lack of Transparency and Partisan politics in government.
-Partisan passage of A.C.A. Behind closed doors.
-If you like your Doctor, you can keep your Doctor…The average family will save $2500.00 a year.
-Illegal Recess appointments.
-Changing the A.C.A. without Congress.
-Select obamacare waivers.
-Pigford..
-Things he knew Nothing about until he found out thru the press…..Fast & furious (Gun deals), NSA (Increased spying on Americans) I.R.S (Lois Lerner), A.P. (James Rosen), Veterans Administration debacle and now Clinton emails Incompetence or is he Lying ?
-You DID NOT build that....
-U.S. world Apology Tour.
-“I’ll be more flexible after the election”.
-No Status of Forces agreement with Iraq. (“The American Armed Services does not quit”).
-Arab Spring.
-Bergdahl trade for five known terrorists.
- “a Video was the cause” while running guns to rebels.
-Negotiates with the Taliban but, not the US Congress.
-"If you actually took the number of Muslims Americans, we'd be one of the largest Muslim countries in the world."
-Aiding our enemies in Syria & Libya obama created, funded, and armed ISIS.
-The New America Foundation, the Bureau of Investigative Journalism and The Long War Journal,
finds that 522 drone strikes have killed 3,852 people, 476 of them civilians and four Americans.
-Signed NDAA in which allows indefinite detention of Americans without Habeas corpus.
-ISIS a JV Team…
-Killing American’s without due process versus waterboarding known Terrorists...
-Gutting the military leadership of any one who disagrees with his ideology.
-Cut missile defense shield.
-Relations with Russia, Ukraine, Crimea and the Arctic?
-Remember, obama mocking Romney over the Russian threat, heck, Sara got it right in 2008.
-Just, how is that immigration bill working out ?
- “The border fence is 'now basically complete”.
- “Libya is a foreign policy success”.
-Syrian “Red Line”.
-Iranian Nuclear Deal.
-Veto of the Keystone pipeline.
-Ramadi Falls…
-Refugee crisis from Syria, Afghanistan, Iraq.
-Capture of U.S. Navy sailors by Iran then apologizing.
-Iran and North Korea missile tests. -
hang that fiool ,good for nothing not even his own race ,good for satan and islamic terrorists and iran
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OBAMA LEGACY hahahahahahahahaaha. It amuses me that there is always some braindead half human with a chip in his head willing to defend obama. Obama will never be president.
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what a load of horse shit there policies is why our country is in the toilet Obamas fundamental change and transparency congrats Obama and all commie crats
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obama sucks 24 / 7 !
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if the tax man takes his money out of your pocket and claims to make you better off. You would know how i feel when anybody including the president himself thinks the office president is responsible for growing the economy.
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What a worthless piece of shit of a president Obama turned out to be. God help us if his evil step sister Hillary Cunton is the next president!
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lmfao you tin foil hat idiots need to stop being so gulable
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Can someone explain to me why I am seeing so many May 28 2016 dollar collapse videos, what makes that day the day it collapses
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You need to give Barack Obama a break don't you realizes he is retarded!
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Obama's time has almost run out. His biggest failure will be in his departure and forgiveness of Hillary Clinton's treasonous crimes against America. The full disclosure of the Clinton Foundation's financial illegal acceptance of donations through unscrupulous fronts will come out after his departure, but will ripple up to him as well. Just Jake!
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Obama has also fucked race relations
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The whole damn system is fundamentally flawed.
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It's likely even less than reported....just as they lie about real unemployment.
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Obama also has the distinguishing mark as having caused more regional and national conflicts than any previous president
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Barry and Mike, two puppet's of Satan. It was all in the grand plan. Now, act 2. Here we go,hold on.
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I would suggest you try some of the brain fog your pushing
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your just a bunch of dumb fucks aren't you he inherited a shit hole he inherited an economy that on the verge of collapse and turned it around but Iran used fail to look at the whole picture
5m 59sLenght
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