I know many of you think that Obama is the best president the US has ever had, but the numbers don’t lie and this may shock you. Apparently Obama’s economic policies are pushing the proverbial car out of the ditch slower than any other multi-year economic recovery since WWII. I know it’s really hard to believe, but try and be objective and see for yourself:

CNS NEWS – President Barack Obama has presided over the worst multi-year recovery in American history since the end of World War II, according to data from the Bureau of Economic Analysis (BEA).

During his tenure, the economy has grown only 7.5 percent, compared with double-digit growth in other post-recession periods.

Using inflation-adjusted GDP figures from BEA and business cycle dates from the National Bureau of Economic Research (the organization used by the government to date when recessions and recoveries begin and end), CNSNews.com calculated how much the economy grew for each post-recession period since 1949, the earliest full recovery period for which BEA data is available.

From the end of the last recession in June 2009 until the fourth quarter of 2012, the economy grew only 7.5 percent, increasing from $12.7 trillion to $13.6 trillion.

The absolute worst post-war recovery lasted just 12 months, from July 1980 to July 1981 when the economy grew just 4.4 percent before falling into recession again until November of 1982.

Obama’s is by far the worst multi-year recovery in history, including recoveries of similar periods of time that occurred in the 1950’s and 1970’s.

SEE LIST OF WORST MULTI-YEAR RECOVERIES




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44 comments
truevoice4real
truevoice4real

All I know is that the country was losing over 700,000 jobs when Obama took office and now the country is adding jobs for the 36 straight month...Also the stupid GOP congress tried to block every jobs bill that Obama proposed..Trying to make him a one-term president did nothig but hurt the country..

What has the GOP done for the country in the last 13 years...???

By the way , my 401K has gone up since 2008 so I guess it depends on who you ask....

John
John

that's his goal - ruin the country, then turn it into N. Korea

deeme
deeme

Economy...that's Bush's fault..."What Difference does it make, Everyone Loves Me...?" I'm the Messiah...I can't wait until everyone does their taxes , whenever they get around to sending us their forms..I guess it takes time to change the return address to somewhere in Hawaii, they will be in for a shock when the usual return turns into them owing because of penalties..for being an American..it's just a matter of time before everyone realizes. all the lies they were told..."you can keep your same doctor , period, he said, "you won't have to pay one penny in taxes more if you make under 250,000 dollars..I guess half this country has no problem being lied to.

Laurel
Laurel

Facts won't matter to the left on this. Heck they can't even comprehend it.

keninil
keninil

This is old news, but when is the MSM going to catch on to it ??

Dukehoopsfan
Dukehoopsfan

"Obama’s economic recovery the worst multi-year recovery since WWII"

It seems fitting since he is the worst president ever.

sjmom
sjmom

Only the grace of God, His mercy and His love and by His Almighty Hand will this country get out of the ditch Obama has put this country in. Obamacare alone is enough to send the US spiraling down the drain of financial insolvency.

There aren't enough "rich" to do it, not enough pols who care enough to do it, not enough economists who know how to do it and not enough unselfish people willing to give up their freebies to help the country to do it. With Obama as president it will take an act of God and prayer is the ONLY thing I know which changes things.

"Seek the Lord while he may be found, call ye upon him while he is near." Isaiah 55:6 KJV

Amen.

Nukeman60
Nukeman60

I know I shouldn't think these thoughts, but why does the thought of an act of God bring visions of a lightning bolt to mind? Sorry, Lord, it's just my base feelings coming out.

sjmom
sjmom

I believe the Lord put that in the Bible to show us His awesome power and to remind us WHO He is. Thunder and lightning is what I usually think of also; remember Charlton Heston and the Ten Commandments on the mountain with the thunder and lightning? Don't apologize; God smiles when we think of Him.

Nukeman60
Nukeman60

My apology was because I was envisioning that lightning bolt striking a certain someone in the WhiteHouse. Heh.

sDee
sDee

I commented yesterday about something my son explained to me about his friends/peers who are all well educated and intelligent products of government schools.

We were talking about Hussein's unlawful drone actions and constitutional rights violations but I see now it applies to economic news like this too.

Obamaphiles read news like this and see it as another great victory for their lone Crusader Obama - who must fight all enemies in Congress, US government, and abroad. He is seen as single handedly reversing the massive tide of destruction.

Pointing our facts or trying to use reason with people like this, immediately positions us in their minds as the Crusader's enemy, and further strengthens their belief.

This is a propaganda war. Now that is deeply entrenched, the truth only fuels and reinforces the propaganda. A counter propaganda campaign must be launched before the truth can stand on its own.

mike3e4r7
mike3e4r7

As long as they are sheltered from reality, this is a tempting way to look at the world. Those kids are totally detached from the reality of economics and the negative consequences of Obama's policies. To them it is just like watching a movie or their favorite sports team and rooting for them based on superficialities.

It's people like your son, who are not satisfied with answers just because they appeal to them emotionaly, but who actually want to understand how things truly are, that are the hope for his generation.

Sober_Thinking
Sober_Thinking

Shocking!

And the liberal lapdog media will not report this or they might deny it... progressives will laugh and say we're wrong - denying the facts, and the dumbmasses will go right on watching Jerry Springer... oblivious to their bad choices or impending doom.

Unless we wake them up and spread the word... unless God intervenes.

Kordane
Kordane

I know that survivalists/preppers get a lot of criticism, but quite frankly I'm thinking that they've adopted the right approach, given what's happened and is going to happen to this country. Maybe I ought to start stocking up on supplies and build myself a bunker somewhere. Totally unprepared right now. Not good.

Nukeman60
Nukeman60

Those of us that are prepared don't want it to happen, but I don't want a tornado to hit my house, either. That's why I have homeowner's insurance. Being prepared is just plain smart, no matter what it takes.

Sandra123456
Sandra123456

Barry is doing a good job of reaching his goal of destroying America.

mikeinidaho
mikeinidaho

Recovery? I don't see no stinkin' recovery!

Obama is doing just what he set out to do - collapse the economy and impoverish us all as he works to redistribute wealth in this country. He's a communist doing what communists do - enslave people and take away everyones freedom.

Lock and load or bow in submission, which will it be?

"As for me give me Liberty or give me death!"

Philo Beddoe
Philo Beddoe

I was at a Chicago trade show in September. The only thing missing were pitchforks and a rope. Manufacturing was not to happy then, and it is going to get worse as the layoffs happen along with reduced hours to get away from obamacare.

Thanks Chief Justice Roberts

Rshill7
Rshill7

"I know many of you think that Obama is the best president the US has ever had, but the numbers don’t lie and this may shock you." (Scoop)

How dare you sir.

Can we still 'hope' things 'change'?

I've been knocked over with the proverbial feather here...and I can't get up! In 'shock', and all I can say is 'awww'.

Laurel
Laurel

Thanks for the smile!

las1
las1

I know you'll get to Bill Whittle's Virtual Inaugural, but I just couldn't help thinking of you when he talked about the "happy bear" at the end of his inaugural speech.

http://images.nationalgeographic.com/wpf/media-live/photos/000/039/cache/joel-sartore-bear_3997_600x450.jpg

That's how free people live their lives.

Rshill7
Rshill7

Well, I just finished watching it. It was grrreat! Better than Frosted Flakes for sure. Much better than that unfrosted flake that did the "real" inaugural address.

It took me a while to get to it because I had to drive a ways to exercise my 2nd Amendment Rights one more time. Sig Sauer P-250 9mm.

http://www.sigsauer.com/CatalogProductDetails/p250-compact.aspx

Yay! Have great day Las1!

Happy Bear :-)

las1
las1

Even the State Department sort of comes off looking good in this film. My! How the mighty have fallen.

Like I said before, Night People had me pining for the good ol' days of the Cold War... you know... Soviet subversion with smarts. Sigh ...

But now we are just stuck with the simple gutter subversion of Islam... savagery and barbarism and submission... and no smarts.

Rshill7
Rshill7

I saw it last night. It was very good. Leatherby.

The rich guy got very uncomfortable with the swap didn't he? I like how Peck took control of the initial interview right off and how Leatherby Sr. was taken down and aback. Peck didn't even look at him at first. Leatherby grew more and more humble.

It was a very good see. Post WWII. US managing Germany and the disparate factions...with a few kicks left in them. I enjoyed it.

All of Grant's movies are good. He and Audrey Hepburn were good together too. The old movies are the best.

las1
las1

Silly me... I thought you thought Night People was great. Too many threads, so little cohesion. Let me know what you think once you see it.

Whittle should have used this famous line by Søren Kierkegaard: “There are two ways to be fooled. One is to believe what isn't true; the other is to refuse to believe what is true.” Sounds like an all encompassing description of Obama's bots everywhere and some Republicans.

Cary Grant! Man he's awesome... I have some of his films in my file... some post-war stuff, Mr. Blanding Builds His Dream House with Myrna Loy and Grant, Baby with Katherine Hepburn and Grant...

Rshill7
Rshill7

I was doing great just watching the entire Bill Whittle Virtual Inaugural thing. I have yet to see "Night People". Want to see it though.

When I was a little kid, one Christmas Eve, we saw "The Horse In The Grey Flannel Suit" at the theater. It was a Disney film. Peck is good for sure.

Cary Grant is one of my favorites. Leslie Howard too. Howard died too soon.

las1
las1

Yikes... I'm sure my son will like to see that. He wants a hand gun for sure. You know what's really interesting... of course Canadians are much more "left" on gun ownership... but now that the issue is front and centre in the US, I find Canadians are suddenly talking about the 2nd... they never did that before. They are getting much more informed.

Regarding the films, Isn't that a great film? It makes me long for the days of the Cold War and Soviet chicanery. I have scoured YouTube and have a whole file of good old great movies... until YouTube comes and shuts them down for infringement reasons... but they'll pop up again elsewhere.

Here try this... you'll love this as well. Curl up with your sweetie... it's with Peck, The Man in the Grey Flannel Suit. It is lengthy but excellent. And it's filmed in what I like to call 1950's Color... a different quality color than 1960's color. Real dramatic opening music.The picture quality is somewhat fuzzy but still good. Watch it soonest before YouTube takes it down.

http://www.youtube.com/watch?v=TEWZpUhDu8g&feature=related

Maybe I'll start Las1's Saturday Night at the Movies.

3D 81
3D 81

Lies lies all lies against our Great Leader!!

Kordane
Kordane

If you think the Obama recovery is bad, then wait until you see the Obama depression that's coming. It'll make the Obama recovery look like a walk in the park.

truevoice4real
truevoice4real

Obama stopped us from going into a depression....

Kordane
Kordane

Stopped? No, he merely postponed one, and only at the expense of creating a much more devastating depression in the future.

You can't stop a depression. All you can do is let it run its course by allowing resources be reallocated in the market, or postpone it and thus create an even worse depression later on.

Stopped? Don't be such a fool.

Kordane
Kordane

Don't be such a fool. Those mal-investments and mis-allocations of resources in the market have not gone away just because the government spent a bunch of money it didn't have. All that Obama did was postpone the market from correcting itself naturally, as the market used to do before central banking came along. He bought the country time, at the expense of a worst depression to come. If you've ever wondered why the 1940s depression was so bad - It was because Hoover and FDR postponed what would have been a moderate recession, and turned it into a devastating depression, just like your Obama has done.

When the real crash comes, I just want you to remember how much of a fool you were. I want you to remember that I was right and that you were wrong, and to go away and rethink your whole outlook on life.

truevoice4real
truevoice4real

What part of stopped did you not understand..??..A depression can be stopped you idiot and Obama did just that..Would you rather live through a depression just to pat yourself on the back ..??..You are stupid

Nukeman60
Nukeman60

'From the end of the last recession in June 2009 until the fourth quarter of 2012, the economy grew only 7.5 percent, increasing from $12.7 trillion to $13.6 trillion.' - CNS

In a little over 3 years, it grew a little under $1 trillion. And Obama got rid of that in his first year deficit.

But, hey, don't worry. I'm sure Obama already has some way to spin it to make it seem like lollipops and roses - more like flying pigs and Unicorns.

mike3e4r7
mike3e4r7

In just one year during the Reagan recovery (I think it was 1984 or 1985), the economy grew almost 7%

StrangernFiction
StrangernFiction

Exactly. It's the debt stupid.

But then I'm not an Ivy League economist.

Libertyship46
Libertyship46

And, unfortunately, it doesn't mean a thing. As long as roughly 50% of the American public is either getting a paycheck or benefits (or both) from the Federal Government, or from various state governments, you will not have those same people voting AGAINST the very employer that feeds them. Simple as that. And THAT was the strategy all along with Obama and his liberal pals. Get as many people dependent on government as possible, espcially through Obamacare, and then stay in power forever, like in England. Even Margaret Thatcher could dismantle the bulk of England's socialist government, which shows you that once the country ebraces it, it is almost impossible to get rid of it. Like a terrible cancer, it will only spread and grow stronger before it kills you, or in this case makes us go bankrupt.

Don
Don

Well said,Libertyship. Your points are well taken on the entitlement mentality that has evolved over decades. What compounds the situation is you have a president who is a pathololgical liar who owns one of the most corrupt mainstream medias in our history. Their lies and deceptions reinforce the explotation of this mindset prevalent in American society today. Throw in a confirmed racist like Holder for Attorney General,who refuses to enforce laws he disagrees with, and the problem magnifies greatly. Last, but not least, the One appoints an adminstration who is the most anti-American group of incompetents possible. The saddest part is our only hope is a republican party of RINOs that cower and bend over at ever opportunity. Leaders must emerge to challenge this destruction of our country. The RINOs along with Soros money defeated one of those American leaders in Florida, Colonel Allen West. That election had voter fraud written all over it. These are dire times, but if you are a real American, hope springs eternal.

Michael Bittner
Michael Bittner

Only one thing I would change Don...and that is to take out "one of" in "one of the most corrupt mainstream medias". The media today is THE MOST CORRUPT EVER.

27Words
27Words

^^^ What Libertyship said... unless and until the hearts and souls of Americans return to a principle of limited government, self reliance and personal liberty / repsonsibility.... it's all moot... We have to win the battle of ideas and make sure the ideas are carried by good messangers... and not get bogged down by the BS thrown in front of us....

Great post Libertyship46 !!!!

Nukeman60
Nukeman60

As Libertyship said, 50% of the people (and growing) is what's killing us. We may not be able to turn this around until the dollar and the economy collapses. Unfortunately, this may be the only way for us to recover, but the consequences are dire.

Be prepared, people. The entitlement crowd is not prepared, so we will have a leg up when they fail to survive.

Orangeone
Orangeone

What Libertship, 27Words and Nukeman said! When you have 2 or 3 generations raised on gov't entitlements (primarily welfare and food stamps) as the "normal" way of life, the MSM screaming that conservatives are heartless b@stards and racists, things won't change without a lot of outreach by members of their own race educating on the truth and destroying the fallacy. And we are starting to see it happen with Allen West, Tim Scott, Mia Love, Dan Bongino and others.