Fact Check on Whether Obama & Bush Separated Families

Old President Barack Obama

March 22, 2017
Past Sara Reynolds

A C-Bridge survey of 91 presidential historians rated former President Barack Obama as the nation'southward 12th-all-time president and eighth-best in economic management.^{[1] [two]} An editorial in The Oklahoman challenged the rankings, saying that "the sluggish growth of the Obama years is one of the major strikes against his presidency."^[i]

Was growth sluggish during the Obama presidency?

Sluggish is a subjective term. Comparison gross domestic product (Gdp), total employed persons, and quarterly wages and salaries during the previous 11 periods of economic expansion, Ballotpedia found that:

• In the expansion that began under President Obama in June 2009 and through 2016, GDP grew by an average of 2.1 pct annually, the lowest rate among expansion periods since 1949.^{[iii] [iv] [5]}
• In the same catamenia, total jobs grew 8.6 percent, from 140 million to 152 million. Greater job growth occurred in five other expansion periods.^[six]
• Quarterly wages and salaries increased xviii pct (when adjusted for inflation), from $vii.i trillion in the 2nd quarter of 2009 to $8.4 trillion in the third quarter of 2016 (the well-nigh recent data). Wages and salaries increased by a greater percentage in five other expansion periods since 1949 (the range of growth was eighteen.three percent to 59.2 percent).^{[7] [eight] [five]}

Background

C-SPAN has conducted three Historians Surveys of Presidential Leadership since 2000. Participants are asked to rate each president on ten leadership qualities using a scale from ane (non effective) to ten (very effective). C-SPAN describes the participants as "historians and other professional observers of the presidency."^{[ix] [10]} In the 2017 survey, President Obama was ranked 8th in economic management, behind Presidents Washington, Lincoln, Clinton, Theodore Roosevelt, Franklin Roosevelt, Eisenhower, and Kennedy.^[two]

Economies experience cyclical expansions and contractions (as well known as recessions). Obama's presidency ran from January twenty, 2009, to January xx, 2017.^[11] He took function among a recession that lasted from December 2007 to June 2009. The economy has been in a period of expansion since then.^[12]

According to the National Bureau of Economic Research, there have been 11 expansion periods since 1949. The current expansion, now in its 93rd calendar month, is the third-longest since 1949. The longest postal service-war expansion ran 120 months, from 1991 to 2001, followed by 106 months of economical expansion between 1961 and 1969.^{[13] [14] [12]}

GDP

According to the Commerce Department's Bureau of Economic Analysis, in the current expansion menstruum (roofing the Obama presidency), the growth rate for Gdp has averaged 2.ane per centum annually when adapted for inflation. This is the lowest growth rate amidst the eleven previous expansion periods. Boilerplate annual GDP growth was less than iii per centum in merely one expansion flow since 1949, from Q4 2001 to Q4 2007 (in agenda years).^{[three] [four] [15] [5]}

Full Employment

The number of employed persons grew viii.half-dozen pct, from 140 meg to 152 million, during the expansion period that ran through the Obama administration.^{[6] [xvi]} This employment growth ranked sixth among the previous 11 expansion periods. Total employment grew most during the expansion period of February 1961 (Q1) to December 1969 (Q4), growing the least from July 1980 (Q3) to July 1981 (Q3).^{[17] [6] [eighteen]}

Total employed citizens, seasonally adjusted
	Length of expansion (in months)	Outset of expansion	End of expansion	Percent change
1949 Q4 - 1953 Q2	45	57.3 1000000	61.4 1000000	vii.ii%
1954 Q2 - 1957 Q3	39	59.9 million	64.0 million	6.8%
1958 Q2 - 1960 Q2	24	62.6 million	66.0 million	5.three%
1961 Q1 - 1969 Q4	106	65.6 million	78.seven million	xx.1%
1970 Q4 - 1973 Q4	36	78.7 million	86.3 1000000	9.eight%
1975 Q1 - 1980 Q1	58	85.2 one thousand thousand	99.9 1000000	17.ii%
1980 Q3 - 1981 Q3	12	98.8 million	100.seven million	one.9%
1982 Q4 - 1990 Q3	92	99.one million	118.8 million	nineteen.nine%
1991 Q1 - 2001 Q1	120	117.7 million	137.8 million	17.i%
2001 Q4 - 2007 Q4	73	136.ii million	146.3 million	7.4%
2009 Q2 - 2017 Q1	93	140.0 million	152.1 meg	8.half-dozen%
Source: U.s.a. Department of Labor, Bureau of Labor Statistics, "Labor Force Statistics from the Current Population Survey, Employment Level," accessed March sixteen, 2017 Note: Numbers may not add up due to rounding.

Wages

Quarterly wages and salaries increased 18 percent, from $seven.1 trillion to $8.4 trillion (in 2017 dollars) during the Obama administration.^{[7] [19]} That rate of growth ranks 5th among the previous 11 expansion periods.^{[vii] [viii]}

Quarterly wages and salaries, seasonally adjusted
	Kickoff of expansion	Finish of expansion	Percent change
1949 Q4 - 1953 Q2	$1.3 trillion	$i.8 trillion	34.two%
1954 Q2 - 1957 Q3	$1.viii trillion	$2.one trillion	18.three%
1958 Q2 - 1960 Q2	$two.0 trillion	$two.ii trillion	12.v%
1961 Q1 - 1969 Q4	$2.ii trillion	$iii.v trillion	59.2%
1970 Q4 - 1973 Q4	$3.5 trillion	$four.0 trillion	15.vi%
1975 Q1 - 1980 Q1	$3.vi trillion	$3.nine trillion	x.3%
1980 Q3 - 1981 Q3	$4.0 trillion	$4.1 trillion	0.7%
1982 Q4 - 1990 Q3	$4.0 trillion	$5.1 trillion	27.5%
1991 Q1 - 2001 Q1	$4.9 trillion	$six.8 trillion	38.6%
2001 Q4 - 2007 Q4	$six.viii trillion	$seven.six trillion	12.0%
2009 Q2 - 2017 Q1	$7.i trillion	$8.4 trillion	18.0%
Source: U.s. Section of Commerce, Bureau of Economic Analysis, "Wages and Salaries by Industry (SQ7, SQyH, SQ7N)," accessed March 16, 2017 Numbers accept been adjusted using the U.South. Section of Labor CPI Aggrandizement Estimator.

Decision

A C-Bridge survey of 91 presidential historians rated Obama as the nation's 12th-all-time president and 8th-all-time in economic management.^[2] The Oklahoman responded to the survey results in an editorial: "Yet the sluggish growth of the Obama years is one of the major strikes confronting his presidency."^[1]

Sluggish is a subjective term. In the expansion menstruum that began under President Obama, Gdp growth has averaged 2.1 percent per twelvemonth, the slowest charge per unit among the 11 expansion periods since 1949.^{[3] [4]} Total employment grew 8.6 percentage, from 140 meg in June 2009 to 152 million in Dec 2016, and quarterly wages and salaries increased 18 percent, from $7.1 to $viii.4 trillion (in 2017 dollars). Employment and wages grew more during five of the xi economic expansions since 1949.^{[6] [vii] [8]}

See also

• Fact bank check/Did federal debt fall over President Trump'southward first month in part?
• Fact cheque/Is Donald Trump correct that the debt has doubled nether President Barack Obama?
• Barack Obama

Sources and Notes

1. ↑ ^{1.0 1.1 i.2} The Oklahoman, "Oklahoma ScissorTales: Legislature dealing with Existent ID police, finally," February 25, 2017
2. ↑ ^{2.0 2.1 two.2} C-SPAN, "Presidential Historians Survey 2017," accessed March viii, 2017
3. ↑ ^{3.0 iii.1 3.2} U.s. Department of Commerce, Bureau of Economic Assay, "National Economic Accounts," accessed March 8, 2017
4. ↑ ^{iv.0 four.1 four.2} Annual growth rate calculated using Moneychimp.com, "Render Rate (Discount Rate / CAGR) Computer," accessed March 11, 2017
5. ↑ ^{5.0 five.one 5.ii} The Agency of Economic Analysis provides statistics in agenda years. For example, quarter 1 of 2016 would be January, February, and March of 2016. Confirmed by Ballotpedia: Sara Reynolds, "Phone communication with Jeff Newman, Bureau of Economic Analysis economist," March 22, 2017
6. ↑ ^{6.0 6.ane 6.two 6.3} United States Department of Labor, Bureau of Labor Statistics, "Labor Force Statistics from the Current Population Survey, Employment Level," accessed March xvi, 2017
7. ↑ ^{7.0 7.1 7.2 7.iii} United States Section of Commerce, Bureau of Economical Analysis, "Wages and Salaries by Industry (SQ7, SQyH, SQ7N)," accessed March 16, 2017
8. ↑ ^{8.0 8.i 8.ii} Numbers have been adapted using the U.S. Department of Labor CPI Inflation Calculator.
9. ↑ C-Span, "Presidential Historians Survey: Methodology," accessed March 20, 2017
10. ↑ Here are the ten qualities, in the words of the survey: public persuasion, crisis leadership, economical management, moral potency, international relations, administrative skills, relations with Congress, vision/setting an calendar, pursued equal justice for all, and functioning inside the context of his times. Come across: C-SPAN, "Presidential Historians Survey: Methodology," accessed March twenty, 2017
11. ↑ Ballotpedia, "Barack Obama," accessed March 14, 2017
12. ↑ ^{12.0 12.one} The National Bureau of Economical Research, "U.s.a. Business Bike Expansions and Contractions," accessed March eleven, 2017
13. ↑ Presidents George H.W. Bush-league, Bill Clinton, and George West. Bush were in office during the March 1991 to March 2001 expansion period. Presidents John F. Kennedy, Lyndon Johnson, and Richard Nixon were in office during the expansion period from February 1961 to Dec 1969.
14. ↑ The data on economic expansions appeared in the Wall Street Periodical on July 29, 2016. Ballotpedia confirmed the data with the National Agency of Economic Inquiry. Run into: Wall Street Journal, "Vii Years Later, Recovery Remains the Weakest of the Mail service-World War II Era," July 29, 2016
15. ↑ The Agency of Economic Analysis provides quarterly, seasonally adjusted Gdp information dating back to 1947. 1949 is the start expansion twelvemonth with quarterly information.
16. ↑ The expansion that began in June 2009 is ongoing.
17. ↑ Presidents John F. Kennedy, Lyndon Johnson, and Richard Nixon were in office during the expansion period from Feb 1961 to Dec 1969. Presidents Jimmy Carter and Ronald Reagan were in office during the expansion from July 1980 to July 1981.
18. ↑ Employment-level statistics are seasonally adapted and represent employed people age xvi and older.
19. ↑ The Bureau of Economic Analysis defines wages and salaries equally the "remuneration receivable by employees (including corporate officers) from employers for the provision of labor services. It includes commissions, tips, and bonuses; employee gains from exercising stock options; and pay-in-kind. Judicial fees paid to jurors and witnesses are classified every bit wages and salaries. Wages and salaries are measured earlier deductions, such as social security contributions, wedlock ante, and voluntary employee contributions to defined contribution pension plans."

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Source: https://ballotpedia.org/Fact_check/Was_economic_growth_sluggish_during_the_Obama_presidency

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