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.



Breaking: UAE Has Been Secretly Striking Iran, Fighting Alongside US and Israel
John Cornyn under fire from MAGA base over anti-Trump post
San Antonio Spurs Superstar Ejected After Vicious Hit – Should the NBA Suspend Him?
Trump ‘seriously considering’ plan to make Venezuela and its $40 trillion in oil permanent part of USA
Mega-mansion built on Manson murder site now a luxury rental after years of failing to find buyer
Maine progressive says he won’t back Schumer even after Democrats unite behind Collins challenger
Trump Scorches 2 SCOTUS Justices by Name: ‘Democrats don’t really need to “PACK THE COURT”‘
More than 25 charged in nationwide Tren de Aragua crackdown involving guns, drugs and cash
Watch: Trump Blasts NFL Over Possible Amazon, Netflix Deal – Says Many Fans ‘Don’t Make Enough Money to Pay’
ActBlue scrutiny fuels new GOP bills to tighten election donation rules
Alabama AG makes Supreme Court play that could deal decisive blow in redistricting war
GOP lawmaker unveils historic move to ‘expunge’ both ‘maliciously false’ impeachments against Trump
Trump says Iran’s latest proposal reneges on giving up enriched material: ‘Are they stupid people?’
Developing: Virginia Dems Plotting Overthrow of Entire State Supreme Court to Save Redistricting Scheme
Two Israeli Soldiers Sentenced to Prison for Desecration of Mary Statue

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  At least five killed and dozens injured in Ukraine in ‘vile’ Russian strike amid ceasefire talk

“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