On Thursday we closed the book on the Obama economic “miracle” — and it’s a miracle we are not in a recession.
Last week the Commerce Department released its third revision for fourth-quarter 2016 gross domestic product. The number came in at a paltry 2.1 percent, meaning that growth during President Obama’s final year in office — the end of an “Error of Hope” — landed with a big thud at just 1.6 percent.
That low-water mark puts the Obama presidency in last place among all the post-World War II presidents when it comes to economic growth.
The Emergency Election Sale is now live! Get 30% to 60% off our most popular products today!