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.



Following Kirk’s assassination, lawmakers react to lethal political climate: ‘Violent words precede violent actions’
California legislature passes bill prohibiting law enforcement from wearing face masks to shield identities
Utah students lift voices in prayer at vigil for Charlie Kirk’s Christian legacy: ‘Felt called by God’
Connecticut GOP accuses Democratic school board chairman of celebrating Charlie Kirk’s murder
Democratic donors reluctant to give to Biden’s presidential library: report
Charlie Kirk’s widow tells America: ‘You have no idea what you have unleashed’
Erika Kirk delivers moving tribute to husband, Charlie: ‘I will never let your legacy die’
Ivanka Trump Makes Rare TV Appearance to Honor Charlie Kirk
Legal analyst calls for more arrests in Charlie Kirk assassination
Former agents praise FBI and partners’ work on Kirk manhunt: ‘It’s very impressive’
Fact Check: Did Patrick Mahomes, Josh Allen, and Aaron Rodgers Donate to Charlie Kirk’s Family?
New York teacher suspended after celebrating Charlie Kirk’s assassination: ‘Good riddance to bad garbage’
Judge allows ICE to continue courthouse arrests in New York City following legal challenge
‘I Think It’s a RICO’: Trump Says ‘We’re Going to Look Into Soros’
Fox News Politics Newsletter: Ammo engravings reveal Kirk assassination motive

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  Anthropic backers gave $174M to Democrats before firm’s federal AI vendor list approval

“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