RE: AP: Obama's nose is growing
September 13, 2018 at 3:47 pm
(This post was last modified: September 13, 2018 at 3:53 pm by Angrboda.)
Quote:OBAMA: “The actions we took during that crisis returned the economy to healthy growth and initiated the longest streak of job creation on record.” — Illinois rally.
THE FACTS: He’s right on jobs, but whether the economy experienced “healthy growth” is a matter of dispute.
As measured by the gross domestic product, the broadest measure of the economy’s output, the U.S. economy expanded at an average annual rate of 2.2 percent from 2010, after the Great Recession ended, through 2016, Obama’s last year in office. That is the weakest growth of any post-recession recovery since World War II.
![[Image: united-states-gdp-growth-annual.png?s=gd...2=20181231]](https://d3fy651gv2fhd3.cloudfront.net/charts/united-states-gdp-growth-annual.png?s=gdp+cyoy&v=201808291321x&d1=20080101&d2=20181231)
![[Image: extraordinarywoo-sig.jpg]](https://i.postimg.cc/zf86M5L7/extraordinarywoo-sig.jpg)