Weak First-Quarter GDP Shows Pathetic Failure Of Obmanomics
The “Obama recovery” the media keep touting is looking more and more like a fraud. … lost jobs, lost growth, lost income, lost opportunity. This is the legacy of Obamanomics. – IBD Editorials
From IBD Editorials
Since entering office, President Obama has presided over the worst recovery since the Great Depression. While the recovery began just four months after Obama took office, since then GDP growth has averaged just 2.4% at a yearly rate. Pathetic.
At a less-than-3% growth rate, the economy won’t even create enough jobs to sop up the 130,000 or so people who enter the workforce each month, much less the 14 million or so who are officially unemployed.
Obama’s policies have created a massive growth deficit.
… lost jobs, lost growth, lost income, lost opportunity. This is the legacy of Obamanomics.
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