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Comparing Presidents: Ronald Reagan Created 8.0% GDP in His Fifth Year – Obama’s GDP at 1.8% | The Gateway Pundit

Posted by Jim Hoft on Wednesday, June 26, 2013, 11:03 AM

Ronald Reagan and Barack Obama are polar opposites.
Ronald Reagan believed in the American people. Barack Obama believes in big government. Reagan believed that a robust private sector creates national wealth. Barack Obama believes a robust government apparatus creates national wealth. Ronald Reagan slashed tax rates and allowed the private sector to thrive. Barack Obama passed a failed trillion dollar stimulus.

Five years after Ronald Reagan entered the White House the GDP was 8.0%.

https://i0.wp.com/www.thegatewaypundit.com/wp-content/uploads/2013/06/gdp-reagan.jpg

Five years after Barack Obama entered the White House the GDP is at 1.8%.

https://i0.wp.com/www.thegatewaypundit.com/wp-content/uploads/2013/06/obama-gdp.jpg

The average GDP during the Obama years is a whopping 1.8%. In other words – a complete disaster.

via Comparing Presidents: Ronald Reagan Created 8.0% GDP in His Fifth Year – Obama’s GDP at 1.8% | The Gateway Pundit.

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2 Comments Post a comment
  1. Actually, five years after Ronald Reagan took office, in the first quarter of 1986, the GDP growth rate was 3.1%. Your chart mistakenly starts in 1980, during Jimmy Carter’s term, when it should start in 1981 when Mr. Reagan took office.

    01/30/2014
    • It’s not my chart, just passing the story along, wether it was his 5th or 6th, good luck seeing 8% GDP growth under this administration ;)

      01/30/2014

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