The Patriot Post® · We Lost $1 Trillion. Thanks Obama.

Remember when Barack Obama’s “stimulus” was going to get the economy roaring again? While selling his snake oil, Mr. Hope ‘n’ Change™ promised economic growth of 3.9% in 2014. So how’d we do? Just 2.2%. The Daily Caller explains what that means in real dollars: “Since 2009 … annual economic output has grown slowly, from $14.4 trillion in 2009, up to $17.7 trillion in the 12 months up March 2015, not counting inflation. That combination of slower economic growth and faster population growth means the economy produced $17.7 trillion in value, or $55,140 for every one of the 321 million men, women and children, during 2014. In contrast, Obama’s rose-colored 2010 plan predicted his policies would turbocharge the U.S. economy up to $18.68 trillion in 2014, or roughly $58,193 per person. That’s a gap of $3,053 per person.” Let’s be clear: A president does not run the economy (though Obama has certainly tried), but he does play a large role in its growth rate through his policy agenda. Obama’s work to redistribute income and spread the poverty has potentially cost the economy $1 trillion – and every person more than $3,000. He can keep the change.