Now they tell us: Obama's economy is the worst in over 80 years

Remember right before 2012 election when the government swore the economy was recovering nicely?

They lied.

And now that it doesn't matter, they can deign to tell us the truth.

So Obama's Commerce Department just quietly "revised" their GDP estimates for the last 3 years, downward.

Well sure. 2013 was when the reality of facing 8 years of Obamunism really set in.

And with this latest "oops," Obama now ranks dead last among all US presidents since 1932. That's a new level of #fail over 80 years in the making.

Over the first five years of Obama's presidency, the U.S. economy grew more slowly than during any five-year period since just after the end of World War II, averaging less than 1.3 percent per year. If we leave out the sharp recession of 1945-46 following World War II, Obama looks even worse, ranking dead last among all presidents since 1932. No other president since the Great Depression has presided over such a steadily poor rate of economic growth during his first five years in office. This slow growth should not be a surprise in light of the policies this administration has pursued.

Ayup. Obamanomics sucks.

The numbers don't lie.

But Obama's administration does, or else they would have told us when it actually mattered.

Trickle-up poverty, it's the only thing Obama's good at, uh, creating. He'll turn us all into beggars 'cause they're easier to please.

Posted at 15:38 by Chris Wysocki   [/economy]   Comments | Perm Link |
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