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Politics : Formerly About Advanced Micro Devices

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FJB
locogringo
POKERSAM
To: FJB who wrote (953103)8/2/2016 4:38:05 PM
From: Old Boothby3 Recommendations  Read Replies (2) of 1576243
 
He's just another dimwitted African, and I'm being kind. African standards are the worst standards in the world. Everyone knows it and everyone knows the reason why.

Africa is a piss-poor continent for a well-known reason. The contest isn't close. Obama has been applying the same piss-poor African standards to the United States since day 1.

Barack Obama Will Be The Only President In History To Never Have A Year Of 3% GDP Growth


We just got another extremely disappointing GDP number. It was being projected that U.S. GDP would grow by 2.5 percent during the second quarter of 2016, but instead it only grew by just 1.2 percent. In addition, the Census Bureau announced that GDP growth for the first quarter of 2016 had been revised down from 1.1 percent to 0.8 percent. What this means is that the U.S. economy is just barely hanging on by its fingernails from falling into a recession. As Zero Hedge has pointed out, the “average annual growth rate during the current business cycle remains the weakest of any expansion since at least 1949?. This is not what a recovery looks like.

In addition, Barack Obama remains solidly on track to be the only president in all of U.S. history to never have a single year when the economy grew by at least 3 percent. Every other president in American history, even the really bad ones, had at least one year when U.S. GDP grew by at least 3 percent. But this has not happened under Obama even though he has had two terms in the White House.

The following are the yearly GDP growth numbers under Obama. They come directly from the official website of the World Bank…

2009: -2.8 percent

2010: 2.5 percent

2011: 1.6 percent

2012: 2.2 percent

2013: 1.5 percent

2014: 2.4 percent

2015: 2.4 percent




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