As another Lame Cherry exclusive in matter anti matter.
There is a hidden away study by Gallup, which focuses upon the reality that for 16 years, America has averaged 1% growth in the economy.
The study finds there is no recovery. Since 2007, U.S. GDP per capita growth has been 1,” according to Gallup Chairman Jim Clifton.
[…] “productivity growth is in a serious multi-decade-long slump that is dangerously close to stalling completely.”
The executive summary hits the worst of the news.
“The people are right. The economy is not working well. But the problems did not start with the Great Recession. For decades, the nation’s income, measured as GDP, has barely grown overall; on a per capita basis, median household income peaked in 1999; the subjective general health status of Americans has declined, even adjusting for the aging population; disability rates are higher; learning has stagnated; fewer new businesses are being launched; more workers are involuntarily stuck in part-time jobs or out of the labor force entirely; and the income ranks of grown children are no less tied to the income ranks of their parents,” said the report titled No Recovery — An Analysis of Long-Term U.S. Productivity Decline
What the Lame Cherry is going to explain in this is something which if you have a brain will horrify you.
1999 AD in the year of our Lord, was the last year of economic growth in America, as the HW Bush taxes and Clinton retroactive taxes, along with shipping all American jobs and manufacturing overseas, produced what would appear in the autumn of 2000 AD in the year of our Lord in the Clinton Gore Recession.
Remember to that time in Y2K, in there was a massive panic buy in survival items, and it still did not lift America past the recession, which President George W. Bush inherited in January of 2000.
All of us are aware what took place in September of 2001, in 9 11, which was designed in part to plunge the Western world into a global depression. In that, George W. Bush dumped the Clinton taxes collected from Americans, which started this recession back into the markets in almost 1 trillion dollars.
This produced a growth, but utilizing those numbers alone, does not give a complete sense of actually what was taking place.
Here is a list of GDP since World War II.
They are listed in reverse order of growth.
Barack Obama, 1.2% annual G.D.P. growth rate (previously 1.5%)
George W. Bush, 1.6% (previously 1.7%)
George H.W. Bush, 2.1%
Gerald Ford, 2.2%
Dwight Eisenhower, 2.5%
Richard Nixon, 3.0%
Jimmy Carter, 3.2%
Ronald Reagan, 3.5%
Bill Clinton, 3.8%
Lyndon B. Johnson, 5.0%
John F. Kennedy, 5.4%
To understand this, Ronald Reagan would have around 6% economic growth which far surpassed John Kennedy, as President Reagan was expanding into areas which had imploded during Jimmy Carter.
Revisit though the numbers of a 1% growth average over 16 years. I realize that Bush43 is being recorded at 1.6% and Birther Obama at 1.2%, but that does not average a 1% number. This means that the Reagan Economic Expansion factor comes into play, but in Obama's case, it is the Obama Carter Economic Implosion.
By this, factor in beyond all the hype that an economy requires at least 4% growth to maintain a nation, otherwise that nation is degrading. The Bush gimmick of the housing bubble drove a false economy, but it was still expanding until Obama's benefactors imploded it to rob America and install their chosen crook in Obama.
Obama has not had any growth, but instead had a massive erosion. 95 million Americans are not out of work, but are replaced by 95 million Green Card foreigners and Obama invaders. Stating that "Obama created 14 million jobs" when those jobs were bartenders or jobs that went to foreigners, does nothing for GDP. It is like watching a cancer sufferer dying on life support.
That is what is really underlying this which is being missed. If one factors in the Bush43 economic conditions, in order to average a 1% growth over 16 years, it means that the Obama regime in 8 years, was consuming or obliterating .6% of the Bush growth, or in other words, the Obama "growth" was averaging .6% for 8 years.
In fact, the US economy did slug on in a decomposing situation of around 1.2% for several years, which means that for several years the Obama economy as running at NEGATIVE .6% or greater, when Americans were being lied to about an 'end to the recession'.
This Obama economy was never a Great Recession, it has always been the Obama Super Depression by design to impoverish Americans to make them economic slaves, and replace the race with these Obama invaders in an American Genocide.
That is the damning reality of the Gallup study. It is not that America was anemic in George W. Bush's presidency as he attempted to ward off the Obama Super Depression caused by Clinton shipping jobs and manufacturing to slave labor overseas. It is the fact that for the first time in in American history, that America was placed deliberately into a grave, worse than what FDR did in extending the Great Depression for liberal organized communist policies, in America literally had negative growth or in other words, the American economy under Birther Hussein Obama decomposed.
The Lame Cherry predicted in 2009 that the epitaph of the Obama regime would be UTTER RUIN, and that prediction has come true.