Obama Owns Worst Economic Numbers In 80 Years, Done More Damage To This Country Than Anyone

Thanks to Obamanomics the US economy is plodding through the worst recovery in decades.
The Wall Street Journal reported:

The economic expansion—already the worst on record since World War II—is weaker than previously thought, according to newly revised data.
From 2012 through 2014, the economy grew at an all-too-familiar rate of 2% annually, according to three years of revised figures the Commerce Department released Thursday. That’s a 0.3 percentage point downgrade from prior estimates.
The revisions were released concurrently with the government’s first estimate of second-quarter output.
Since the recession ended in June 2009, the economy has advanced at a 2.2% annual pace through the end of last year. That’s more than a half-percentage point worse than the next-weakest expansion of the past 70 years, the one from 2001 through 2007. While there have been highs and lows in individual quarters, overall the economy has failed to break out of its roughly 2% pattern for six years.

It’s even worse than we thought.
Obama looks even worse, ranking dead last among all presidents since 1932 – over 80 years.
The Daily Caller reported:

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.


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Trickle Down Economics versus Trickle Down Socialism
Ronald Reagan’s economic plan saw GDP surge at a 3.5% clip – 4.9% after the recession. That’s a 32% bump.
During the Obama years, thanks to his big government policies, the US economy has stalled. Today the quarterly GDP was announced. The GDP for the first quarter of 2015 braked more sharply than expected at only a .2% pace. The US economy has grown an anemic 9.6% during the Obama years (excluding today’s dismal number).
Of course, Obama’s record on job growth is also much worse than President Reagan’s record.
obama reagan job growth
Chattanooga Marine’s Message to Obama: You Have Done More Damage to this Country than Anyone
US Marine Cpl. Ty Hammons has had it with Barack Obama and his Marxist-Muslims regime and he took to YouTube to vent his frustrations regarding the usurper-in-chief in the wake of the Chattanooga Islamic jihad attack. Not only did he say that Obama was not deserving of the title Commander-in-chief, but he even said that he had done more damage to the country than anyone else.
“I’m not going to address you as President or the Commander In Chief,” he began. “You don’t deserve it. I fail to see in any way that you have earned it.”
“I am a citizen of the United States of America. More importantly, I am born and raised and a current resident of Chattanooga, Tennessee,” he continued. “I am proud to say that I’m a United States Marine…. I work six days a week at a blue collar job to provide for my wife and two sons, which doesn’t leave much time to do anything else. But, this is important, so I made the time.”
“The day of the attack, you delivered a statement and you don’t even have the decency to stand up,” the Marine Corporal blasted. “You talked on the Charleston issue standing up. You talked on the Boston Bombing standing up. Baltimore, standing. Mike Brown, standing. Greece, standing. Washington Naval Yard shooting, standing. Whitney frickin’ Houston, you stood up. Four Marines gunned down and killed, followed by a sailor . . . all on American soil, while on duty, but unarmed, defenseless, and you sit, slumped down in a chair and ramble through some poorly-scripted apology that seems as sincere as ‘If you like your doctor, you can keep your doctor.’”
“We have a saying in the Marine Corps at the end of your service,” he added. “You’re told: ‘Don’t drop your pack.’ Mr. Obama, you never put your pack on.”
US Recession Imminent – The worst economic expansion since WWII was just revised lower!
Durable Goods new orders has now fallen 5 months in a row (after revisions) flashing a orangey/red recession warning.

After 2 weak months, Durable Goods bounced more than expected in June (+3.4% vs +3.2% exp) – though non-seasonally-adjusted dropped 3.1% MoM. But ex-Transports remain deeply in recession territory.



23 thoughts on “Obama Owns Worst Economic Numbers In 80 Years, Done More Damage To This Country Than Anyone”

  1. Obama will go down in the history books as the worst President in United States History.
    He is a TRAITOR that has totally destroyed this once great nation.
    He appoints the worst possible person for every job around him, they got his back and he has theirs. Obama is a Muslim that Hates America. He needs to be charged with High Treason, but every member of Congress and the Senate have been either bribed or blackmailed into doing his bidding! Voting does no good, all the DIGITAL Ballot machines can be hacked, that’s why they got rid of paper ballots.

  2. Yeah, so what? Not one person will do anything about it but complain and gripe. Not one thing will be done to change it, nor can anything be done to change it. Obama is a puppet and servant to the Banks, not a President in any manner except a titled allowed him by the real owners and controllers.
    If the public had even a small tiny fraction of understanding of how the nation’s banking and financial system worked, they would understand that there HAS TO BE more debt each and every year or the system we use will collapse. But, sadly the uniformed, uneducated public thinks that credit cards and debt are a necessity. They aren’t.
    If the public would learn about and research CAFR (Comprehensive Annual Finical Reports), they’d see that the “Government” has more money than they could spend in a 1,000 lifetimes. But, as with most else they haven’t a clue that these instruments even exist.
    A nation of uniformed, uneducated, and ignorant people are a welcome mat to the financiers to fleece.

    • Maybe a million gun owner march ,of uninformed, uneducated and ignorant people, on Washington might get their attention, and remind them of what happens leaders who don’t do any thing good for the people they pretend to serve! Something along the line , of what happened, to the ex dictator of Romania, Cecescu ! That would be a wake up call for our dear leaders! Yeah it’s not a panacea, but clearing the filth out of Washington, would be a good start

    • How ironic that CAFR is pronounced as kafir. LOL!
      Who/what is a kafir?
      Kafir is what the Koran and Islam call the unbelievers. Kafir is the worst word in the human language.
      The Koran defines the kafir and says that the kafir is:
      Hated- 40:35 They who dispute the signs of Allah [kafirs] without authority having reached them are greatly hated by Allah and the believers. So Allah seals up every arrogant, disdainful heart. and despised by Allah.
      Mocked- 83:34 On that day the faithful will mock the kafirs, while they sit on bridal couches and watch them. Should not the kafirs be paid back for what they did?
      Punished- 25:77 Say to the kafirs: My Lord does not care for you or your prayers. You have rejected the truth, so sooner or later, a punishment will come.
      Beheaded- 47:4 When you encounter the kafirs on the battlefield, cut off their heads until you have thor-oughly defeated them and then take the prisoners and tie them up firmly.
      Confused- 6:25 Some among them listen to you [Mohammed], but We have cast veils over their [kafirs] hearts and a heaviness to their ears so that they cannot understand our signs [the Koran].
      Plotted against- 86:15 They plot and scheme against you [Mohammed], and I plot and scheme against them. Therefore, deal calmly with the kafirs and leave them alone for a while.
      Terrorized- 8:12 Then your Lord spoke to His angels and said, “I will be with you. Give strength to the believers. I will send terror into the kafirs’ hearts, cut off their heads and even the tips of their fin-gers!”
      Annihilated- 6:45 So the kafirs were annihilated. All praise be to Allah, the Lord of the worlds.
      Killed- 4:91 If they do not keep away from you or offer you peace or withdraw their hostilities, then seize them and kill them wherever they are. We give you complete authority over them.
      Crucified- 5:33 The only reward for those who war against Allah and His messengers and strive to com-mit mischief on the earth is that they will be slain or crucified, have their alternate hands and feet cut off, or be banished from the land. This will be their disgrace in this world, and a great torment shall be theirs in the next except those who repent before you overpower them. Know that Allah is forgiving and merciful.
      A Muslim is not the friend of a kafir- 3:28 Believers should not take kafirs as friends in preference to other believers. Those who do this will have none of Allah’s protection and will only have themselves as guards. Allah warns you to fear Him for all will return to Him.

  3. We need a new GOV that will listen to the people. The Banks and Corp. Com. got to big for their pants. I don’t know how all this well end, I do know he has to go before we are totally finished. We can’t allow the UN to dictate their will on us. I have seen how they want to divide up our country and that bothers me alot.I hope the military and the people come together as one and remove certain people from DC and start over. Our constitution is good. But the communist in this country are doing their best to destroy it. We can’t allow that to happen not now. To much is at stake. What I have read obama is pushing Russsia to the point of starting WW3. So time is of the essence to remove him now.!!!

  4. Obama. lol. …it took 80-years for the pharaonic talmudic templar masons to create the financial “chaos” to rob the US via the “fed” scam and “investment” and “real estate” and “medical” and”media” and… political frauds. Obama’s just a clone of the beast, a satanic luciferian puppet, that’s it. …he bowed to the king of Islam, so…he ain’t no big deal, just another anti-christ, or so says the swiss pharaonic talmudic templar masonic babble, …I mean “bible”.

    • Blame everyone but ourselves…that way no one will ever suspect that AMERICANS sat on their hind ends and let this happen. The templars and the masons are nothing compared to the apathy that Americans have displayed; therefore, I think it is about time we let that whole “conspiracy angle” drop. There are roughly 7 thousand elites running things and there are about 7 billion people on this planet. If we wanted a “change” we could have had it quite some time ago. Instead, people continue to line up and vote and then do nothing until another 4 years has passed and more of our hard earned money is shipped overseas. I don’t blame the elites anymore…I blame THE PEOPLE.

  5. One major reason that the economy is not doing well is because of 35 years of Reaganomics which has had the unintended (at least I hope it was unintended) consequence of taking trillions of dollars out of the system and reallocating to the wealthy.
    The wealthy 1% cannot spend 90% of their paychecks like the rest of the 99% in the country so the difference is “Hoarded”, saved or in other terms taken out of the working economy.
    Over the years, SO MUCH money has been taken out of the system by these means that it has had the unintended consequence of curtailing the economy.
    Want to get the economy moving again, go back to the tax rates of the 1950-1981 when the upper 1% were taxed accordingly. The money that the government got from these rates was plowed BACK INTO THE ECONOMY. This is no longer happening.
    Not only that we had people in government that knew how to run a government, unlike today where the House and Senate are run by people who do not want to see the government work for the people. They fundamentally believe that the government cannot work for the people so they do their best to achieve that goal, and in the process hurt the average American.
    In fact the Republican party wants to slow the government spending EVEN MORE. This will put an even greater burden on our economy. Today, business do not even want to pay employees a minimal wage to survive on. It is more important for a couple people at the top to receive all the benefits, and the average working class tiff, well become a boss if you want to succeed.
    How do you grow an economy when one party, in control of two houses of the government, wants to stop the government from spending money. They are even using such words as “repealing Social Security” (Jeb Bush). That would CRUSH the economy, not to mention what it would do to millions of peoples lives.
    All this adds up to an even greater contraction of the economy.
    In the US the upper 1% are NOTHING BUT PUSSY’S. They are so ill equipped intellectually that there is NO WAY they could live like the rest of us, so they have set up a system to ensure their incompetence. And we the people are paying for it. It is time the wealthy came back down to earth and lived like the rest of us, if they can. I doubt it because they are such wimps they can only compete in a rigged game. Otherwise they don’t want to participate in the economy,
    This goes beyond class warfare, this is class arrogance. The wealthy are so arrogant and feel so entitled that we all should capitulate to them . Time for a new day……

    • I was in banking back during Ronnie’s time. A few things I saw and knew would be disasters were: forcing retirement funds into the stock market, forcing Freddie and Fannie to issue loans that could never be paid, creating home equity loans (AKA “You bet your house”), and believing “trickle down” worked with anything but sewage.

  6. All you socialist on here slamming the rich and defending you messiah Obama need to get a grip. The gap between the rich and the poor has INCREASED under Obama. The middle class has SHRUNK under Obama. If you believe that Republicans are for the 1% and Democrats are for the rest of us, you are sadly mistaken. Wake up. Both parties are corrupt.


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