Economic Growth Before Obama : 1920-1929 GDP Averaged 4.7%

The Financial Post reports on economic growth before the New Deal, before Obama, before Arthur Okun, before John Maynard Keynes' General Theory:

From 1920 to 1929, real GDP in the U.S. expanded by 43% (or 4.7% a year), while the general price level declined by 17.7% (-2% a year).

Your history lesson of the day,because deflation and economic growth is a beautiful thing. No matter how many history professors-who voted and gave Barack Obama money- claim Obama is a better President than Warren Harding and Calvin Coolidge: the facts are stubborn things.