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  1. Jan 06, 2017 · Economic growth (GDP) 3 of 10 One of the biggest criticisms of Obama's economy is that growth has been sluggish. Historically, the U.S. economy has expanded 3% or more a year, on average. The Great...

  2. Jun 25, 2019 · In 2014 it was 3.0% below its level in 2008. Earnings surged 5.2% to $56,516 in 2015, but even that parting kindness leaves the Obama recovery grasping for an explanation: Why does the average...

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    What was the average annual GDP growth during the Obama administration?

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  4. Mar 30, 2017 · US President Barack Obama Getty Images It’s official. With Thursday’s final revision of fourth-quarter GDP growth to 2.1 percent from its previous 1.9 percent level, President Obama is the only...

  5. Feb 07, 2017 · Still, the OECD credits faster growth in the US compared to Europe was due to US stimulus and European austerity. ( CNN link) The stimulus bill was criticised by some for increasing the budget deficit. Others, such as Paul Krugman criticised the stimulus bill for being inadequate and too small – given the level of spare capacity in the US economy.

  6. Mar 22, 2017 · In the expansion that began under President Obama in June 2009 and through 2016, GDP grew by an average of 2.1 percent annually, the lowest rate among expansion periods since 1949. In the same period, total jobs grew 8.6 percent, from 140 million to 152 million. Greater job growth occurred in five other expansion periods.

  7. Sep 05, 2020 · The economy grew just shy of 1 percent in Obama’s first term when the Great Recession took its toll. Growth improved to 2.3 percent in Obama’s second term. Under Trump, the economy is on track to...

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