@Blickers,
Blickers wrote:Quote Thomas to georgeob1:
Quote:"2001 - 2007"? Who was president in 2008, and why would you ignore this year?
Thomas, I don't have the foggiest idea why George would do that, do you?
I am going to assume it was an honest oversight. If we correct George's error and judge each president by his entire presidency, the Federal Reserve Bank of St.Louis
shows us the data. Here are the GDP figures (in constant dollars) in each president's first and last quarters (as far as the Fed has them --- their latest data point is Q3 2015).
GDP in trillion dollars (inflation-adjusted):
Q1 2001: 12,643,3
Q1 2009: 14,375,0 (+ 1.7% / year since Q1 2001)
Q3 2015: 16,414,0 (+ 2.2% / year since Q1 2009)
To be sure, 2.2% a year isn't great. But it is okay. Obama, the economic failure, is at this point a conservative fantasy. Reality-driven analysis has nothing to do with it.