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The Public Pulse: Straight about GDP

The Public Pulse: Straight about GDP

  • Updated

Dec. 28 Public Pulse writer Tim R. Riley listed no fewer than 12 bullet points to criticize the Obama administration. Each of the 12 read as talking points of conservative radio.

Certainly we are all entitled to our own opinion, but I could find only one fact in his list of 12, and it was misleading.

The statement was there was never 3 percent GDP growth during the last administration. While it is true the GDP never maintained 3 percent growth for an entire year, GDP exceeded 3 percent in eight quarters of the Obama administration.

It should be noted the Obama administration inherited a GDP that contracted by 8.2 percent in the last quarter of 2008, resulting from the great recession of the previous administration.

Joseph M. Slattery, Omaha

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