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.



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
Trump ‘not happy’ with Putin’s dodging, weighs joining talks or allowing deeper Ukrainian strikes
Kilmar Abrego Garcia released from custody, en route to Maryland
Ghislaine Maxwell says no Jeffrey Epstein client list exists as DOJ releases interview recordings
NYPD officer shot during carjacking by career criminal, Adams rips justice reforms
DeSantis fires back after Dem decries Florida’s move to ditch LGBT rainbow colors from crosswalk in Orlando
Trump hints at federal crackdown in Chicago amid anti-crime push in DC

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  How Jeanine Pirro is reshaping crime enforcement in DC

“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