Obama’s Last GDP Numbers Are Out and They’re Weak

GDP for Q4 came in at 1.9% v expectations of 2.2%, once again well below what all of the shills were forecasting during the summer. It seems to me, every god damned year, analysts call for this breakout growth of 3%+ that literally never happens. Talk about crying wolf.

Obama will go down as the single worst President in the history of the United States for economic growth, being the only President to not achieve 3%+ during his term. That label might seem harsh, especially since he had to pick up the pieces of his retarded predecessor George Bush and the market under Obama did great.

Understand me, I do not see a difference between Bush and Obama. They’re cut from the same globalist cloth. As far as I’m concerned, every President since Reagan has pursued the same idiot globalist policies, which merely manifested itself to be dreadful under Obama. I’m sure he had nothing to do with it, as he was more of a golfer and environmentalist than anything else.

If globalist policies are so bad, then why did the stock market soar under Obama?

First of all, he was coming off of an absurd low point in 2008. The last truly great year was 2013, which saw the SPY soar by more than 30%.  But markets would not have done anything if it weren’t for the fact that the Fed and the ECB were artificially inflating markets. The Fed’s balance sheet has gone from $700b to $4.5t under Obama and our debt has gone from $10t to $20t.

Give any President $14 trillion to rig their markets and I promise you stocks will always do well during their term.

All in all, the economy grew by just 1.6% last year, the weakest since 2011.