Business Growth Under Obama
Starting with the september 2009 quarter gdp growth has been positive every year since then.
Business growth under obama. Under barack obama the economy barely grew 2 rather pathetic for a recovery the people who made the preposterous bullish claims that obama saved the economy are the ones who now say the. Small banks are approving funding requests under the robust sba loan program that reduces the risk assumed by lenders. It ranged from 1 6 to 2 9 per year under obama and from 2 3 to 2 9 under trump.
Under obama from 2014 to 2016 real gross domestic product the broadest measure of economic activity grew at an average annual rate of 2 5. These are low risk low. Rating the obama years for small business growth.
Overall president obama has presided over 75 straight months of job gains a record. Under trump average hourly pay. Obama loves to tout his administration s record 75 straight months of job growth although he declined to drop the number tuesday night as well as the fall in the unemployment rate from a.
Was losing about 800 000 jobs a month. For much of obama s time in office wages remained subdued and his economic team cited lackluster wager gains as the unfinished business of his presidency. Excluding 2020 growth in trump s initial three years in office was 2 5 percent barely above obama and well below the growth under the clinton reagan and johnson administrations.