Friday’s Bureau of Economic Analysis’ (BEA) advanced Gross Domestic Product (GDP) figures painted a picture of a dull economy, with the annualized Q/Q growth rate coming in at about 2%. When looking at the above chart, the dull economy is represented by the fact that year over year GDP growth rate has been hovering around 2% for around three years. This hovering of the GDP growth rate around 2% is something more akin to slow growth European economies than it is of the American experience. The moderately poor GDP figures during Barck Obama’s time as presidency could put an end…
GDP Growth by President: How Does Barack Obama Compare?
Harrison Roger
Roger is an economic adviser and active angel investor. He owns various economics firms. His work allows him a diverse group of clients across the globe, including the United States, Europe, and Asia. He holds a Ph.D. in business economics.