International News Opinons

Barack Obama Tries to Steal Credit for Booming Trump Economy on Presidents Day

Former President Barack Obama on Monday suggested he was responsible for the booming economy under President Donald Trump.

“Eleven years ago today, near the bottom of the worst recession in generations, I signed the Recovery Act, paving the way for more than a decade of economic growth and the longest streak of job creation in American history,” Obama wrote on Twitter, sharing a picture of his $787 billion stimulus spending package.

Obama’s message on Twitter was not just a nostalgic look back on his presidency, as he specified that his spending package was responsible for “more than a decade” of growth, despite his only being president for eight years.



Virginia leaders condemn racist sign aimed at Lt. Gov. Winsome Earle-Sears over bathroom policy
George Mason University violated Tile VI with ‘unlawful DEI policies,’ Education Department says
Viral photos of deer with strange warts follow ‘Frankenstein’ rabbit, squirrel sightings
Multiple Fatalities Reported After Packed Bus Crashes for ‘Unknown Reasons’ – Interstate Shut Down
Chinese national sentenced to prison for sabotaging employer’s systems with ‘kill switch’
Hundreds of DoD civilians accept call of duty in southern border mission under Trump’s order
10 key takeaways from DOJ’s release of Ghislaine Maxwell’s Epstein interviews
Insult to Injury: Texas Dems Who Fled State in Failed Attempt to Thwart Redistricting Ordered to Pay Up
Watch: Scott Jennings Uses John Bolton’s Own Words Against Him in Wake of FBI Raid
Fox News Politics Newsletter: Maxwell denies Trump misconduct, DOJ docs reveal
Noem torches ‘activist liberal judges’ after Abrego Garcia’s release from jail: ‘New low’
Alina Habba blames Grassley for stalling Senate nomination with ‘blue slip’ judicial tradition amid New Jersey court battle
Another One: Illegal Russian Sends Man, Service Dog Crashing to the Ground in Vicious Attack Ending in Brain Injury
‘Maryland Man’ Kilmar Abrego Garcia Released from Custody After Judge’s Order
Publishing Network Booted from MSN After Submitting IJR and The Blaze, Prompting Accusations of Anti-Conservative Bias

Although Obama’s nearly trillion-dollar stimulus may have helped the economy recover from a major recession, economic growth had slumped to 1.6 percent by the time he left office. President Donald Trump’s tax cuts and regulatory cuts proved to be rocket fuel for the American economy now enjoying record high stock markets gains, wage gains, historic unemployment rates, and an expansion that is now the longest on record.

Obama famously said after he left the White House he would refrain from criticizing Trump, but he retracted that promise after hitting the campaign trail in 2018 to boost Democrats.

See also  House Oversight eyes expanding subpoena list in Epstein investigation

“When you hear all this talk about economic miracles right now. Remember who started it,” Obama complained in a speech in Nevada in 2018. “Remember who started it! C’mon!”

Story cited here.

Share this article:
Share on Facebook
Facebook
Tweet about this on Twitter
Twitter