The rate of real economic growth is the single greatest determinate of both America’s strength as a nation and the well-being of the American people.
Barack Obama was the only U.S. president in history who did not deliver a single year of 3.0%+ economic growth.
By: Jim Hoft Aug 16th, 2017 8:45 am
“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%)”
But all of that is changing under the leadership of President Trump. Employment numbers are improving, the stock market is at a record high and the GDP is climbing.
The Federal Reserve Bank of Atlanta forecast a 3.7 percent rate for the third quarter of 2017.