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.



Team USA’s Heartbreaking Loss in World Baseball Classic Final Leads to Jesus Being Praised on National TV
Democrats Scrambling as Leftist Icon Is Hit with Bombshell Child Rape Allegations
Gabbard and Patel deny knowledge of Trump emergency election order plans
NYC spends more per homeless person than a typical household earns in a year, data shows
Dem-backed ‘social justice’ law put Virginia’s ODU campus at risk before attack, former AG argues
China hopes Trump’s gamble on Iran and Cuba loses the US more than it gains
Breaking: Trump Suspends 100-Year-Old Law in Bid to Lower Oil Prices
Pure Evil: Trans ‘Youth Advocate’ Arrested Over Rape of Infant He Was Asked to Look After – and It Gets Even Worse
Masked suspect seen at Nancy Guthrie’s home three weeks before her abduction, sources say
Top DOJ officials to brief House Oversight Committee for Jeffrey Epstein probe
Federal judge refuses to recuse himself from Minnesota DHS, ICE case
Watch: Rubio Gives Single Most Brutally Honest Description of Islam by a Secretary of State in Modern US History
Air Force Base Placed Under Lockdown After Deadly Shooting
Kash Patel set to tout crucial FBI reforms that many Americans may not know about: ‘Real security’
Mullin faces Democrat grilling in first hurdle to lead DHS and more top headlines

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  Judge James Boasberg blocks DOJ subpoenas against Fed Chairman Jerome Powell

“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