During the first six quarters of Obamas recovery, GDP growth has
averaged just 2.9 percent. During Reagans, it averaged 6.55
percent. This diagram tells the story.a
hrefhttp2.bp.blogspot.comuR5G10aNhwcTWs99nFdIIAAAAAAAABfMbgrddUkh2GEs1600Screen2Bshot2B201102282Bat2B2BMonday252C2BFebruary2B28252C2B1.152BAM.pngimg
srchttp2.bp.blogspot.comuR5G10aNhwcTWs99nFdIIAAAAAAAABfMbgrddUkh2GEs400Screen2Bshot2B201102282Bat2B2BMonday252C2BFebruary2B28252C2B1.152BAM.png
border0 alt aThe GDP numbers for the last quarter were revised down
from the previous 3.2 percent estimate to 2.8 percent.
Interestingly, there have been a
hrefhttphotair.comarchives201102252010q4gdpadjusteddownwardto28multiple
downward revisionsa over the last couple of years.
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