President Trump’s 2017 GDP is Poised to Beat Obama’s Best GDP Ever in 8 Years! The Billionaire Trumps the Community Organizer Every Time!

Guest post by Joe Hoft

It’s common knowledge that Barack Obama was the worst economic president since at least 1949 and probably ever.

Barack Obama was the only President to have not had even one year of 3% GDP growth.

Here is the complete list of average annual real GDP growth by postwar president (in descending order):

Johnson (1964-68), 5.3%
Kennedy (1961-63), 4.3%
Clinton (1993-2000), 3.9%
Reagan (1981-88), 3.5%
Carter (1977-80), 3.3%
Eisenhower (1953-60), 3.0%
(Post-WWII average: 2.9%)
Nixon (1969-74), 2.8%
Ford (1975-76), 2.6%
G. H. W. Bush (1989-92), 2.3%
G. W. Bush (2001-08), 2.1%
Truman (1946-52), 1.7%
Obama (2009-15), 1.5%

Barack Obama’s best year of GDP growth was 2.9 in 2015 (a year when the stock market went down) according to the US Bureau of Economic Analysis under the US Department of Commerce.
2009 — (-2.8)
2010 — 2.5
2011 — 1.6
2012 — 2.2
2013 — 1.7
2014 — 2.6
2015 — 2.9
2016 — 1.5

President Trump has seen quarterly GDP rates of 1.2, 3.1 and 3.3.

The New York Federal Reserve revised its estimated fourth quarter GDP of 2017 up from 3.93 to 4.00 percent.

This is estimated to give President Trump an annual GDP rate of 2.9 or better for 2017.

During his campaign, President Elect Donald Trump stated that he wanted to move GDP growth above 3.5 percent to 4 percent –

With the stock market at all time highs and setting new all time highs every fourth day, with consumer confidence at record levels, with unemployment lower than at any time in the last 17 years, it is becoming more than obvious that President Trump’s GDP will soon be in record territory as well.

President Obama said that jobs were never coming back and by February of 2016 it was clear that Obama had given up on economic growth. Obama’s Congressional Budget Office (CBO) forecasted in early 2016 that America will never see 3.0 percent economic growth again.  But Obama was a community organizer and President Trump is a billionaire. 

President Trump’s GDP in his first year in office is poised to beat Barack Obama’s best year ever.  The billionaire trumps the community organizer every time.

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