Yes, yes it does. It was FLAT until the second quarter of 2017.............upon actions and policy announcements of the Trump administration.
I agree it shows an unstable economy under Obama, and then a steady climbin once the trump admin and gop congress policies took hold
The recession ended in June 2009,and instead of seeing a recovery, Democratic policies gave us an absolutely dismal economy.
Some folks have a short memory and sometimes can be confused by cherry picked information. Here is a year by year list of the percentage GDP growth in the US economy. I think that the President has done well in his first two years, but the growth pretty much parallels the growth during the preceding 7 years under President Obama: 2009 -2.9 % 2010 +2.6 % 2011 +1.6 % 2012 +2.2 % 2013 +1.8% 2014 +2.5 % 2015 +2.9 % 2016 +1.6 % 2017 +2.2% 2018 =2.9% https://www.thebalance.com/us-gdp-by-year-3305543
According to Forbes, “manufacturers added 467,000 jobs” in the “first two years” of the Trump Administration compared to “the 73,000 manufacturing jobs added” during the “last two years” of the Obama Administration, and CNBC noted that jobs in the manufacturing industry increased by 284,000 in 2018, the “best calendar year since 1997.”
Fine, the economy has done well in the last 30 months. However, to claim that the economy wasn't good during the Obama years and great during Trump is either ignorant or or just more ideological clap trap. Obama inherited a global economy headed for depression. He inherited a bankrupt auto industry, a financial sector headed for complete collapse, and a housing market in total decline. If it were not for our safety net - unemployment insurance, FDIC, Social Security, Medicare, Medicaid, and host of other federal and state programs, economists believe the "Great Recession" would have sunk rapidly into a full depression. The very idea that Trump has done a better job with the economy than Obama is ludicrous. Big gains in employment? Obama took unemployment from 12% to 4.8%. Trump 4.8% to 3.8% ..... Wow! Wall Street under Obama from DJIA 6500 to DJIA 20,000. Trump from DJIA 20,000 to DJIA 26,000 where it has stalled. Every economist pulling an honest paycheck knows that the 2017 budget and economy were Obama's, 2018 was Trump's. 2019 is TBD. Anything other than these facts are just a lot of ideological puffery from a bunch of ignorant gasbags.
Obama gave us the slowest plodding "recovery" that anyone could imagine. Obama's spread-the-wealth policies interfered with the free market and turned a recession into The Great Recession. Look at how Obama did once the economy "recovered." NO ONE can deny what is in the charts below.
