In spite of Barack Obama’s presidency being hailed as the greatest thing to ever happen to America, the only people who actually believed that hype were the ones who based their assessment of Obama on his being the first black president and likened him to the new messiah.
For all their high hopes, Obama just never measured up to the wonderful praise the lapdog media and his supporters undeservedly heaped upon him. Now, with the official figures available for scrutiny, all of the claims of his economy being the best will be shot down as well.
Indeed, it’s looking like Obama was president over the worst economy in 70 years!
From The New York Post:
On Thursday we closed the book on the Obama economic “miracle” — and it’s a miracle we are not in a recession. Last week the Commerce Department released its third revision for fourth-quarter 2016 gross domestic product. The number came in at a paltry 2.1 percent, meaning that growth during President Obama’s final year in office — the end of an “Error of Hope” — landed with a big thud at just 1.6 percent.
That low-water mark puts the Obama presidency in last place among all the post-World War II presidents when it comes to economic growth.
The Political Insider added:
After a final revision of fourth-quarter GDP growth was released, Obama officially became the only president since Herbert Hoover to have not generated 3 percent economic growth in any year he was in office.
President Trump often cited this fact on the campaign trail, saying “Obama is the first president in modern history not to have a single year of 3 percent growth.”
The highest average growth in any calendar year under Obama was 2.6 percent in 2015.
Trump rode a wave of anxiety caused by the Obama economy to victory in this past November’s election.
Five Thirty Eight reported after the election that Trump “won most counties — and improved on Romney’s performance — where a large share of jobs are vulnerable to outsourcing or automation.”
The President will have a daunting task of fixing a stagnant economy over his first term, and relieving some of that anxiety.
It’s hard to imagine Barack Obama wanting his likeness chiseled into the side of Mt. Rushmore on the basis of his measly, lackluster accomplishments, but for a man with an ego the size of his, it takes a mountain to display it!
The good news is the fact that people are starting to realize that the Obama hype was a fairy tale and the reality is Obama not only didn’t improve the economy, he downgraded our culture as a whole by just being himself.
Thankfully, we now have President Trump at the helm to help jumpstart this economy and Make America Great Again!
Source: The Political Insider