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.



Israel to Sue NYT Over Sickening Report Accusing IDF of Canine Rape: ‘Hideous and Distorted’
173 House Democrats vote against resolution honoring police amid rising attacks
Final Walz fraud report rips ‘culture of tolerance’ as Minnesota taxpayers face billions in alleged losses
Iran Seizes Ship Loaded with Weapons, Steers It Toward Territorial Waters: Report
Healthcare company CEO convicted of $1 billion Medicare fraud conspiracy
Fox News True Crime Newsletter: Buster Murdaugh seen for first time since dad’s murder conviction overturned
Video shows undercover cops shooting man threatening shoppers with fake gun in ‘justified’ defense: officials
Intense Footage: Police Officer with No Protective Gear Sprints Into Burning House and Saves Entire Family
Court Overturns Former Attorney Alex Murdaugh’s Double Murder Convictions
Dem Senate hopeful’s ‘physician’ campaign pitch under fire after license records reveal key gaps
Massie’s ex-girlfriend alleges he arranged her Capitol Hill job, then offered $5,000 to drop termination suit
Veterans group backing Iowa Democrat’s Senate bid is bankrolled by Schumer-aligned PAC
Trump struggles to shake ballroom backlash: ‘We don’t have the money’
Democrats’ midterm push clouded by infighting over party keeping 2024 autopsy under wraps
New 9/11 Museum exhibit aims to connect younger Americans to the attacks through powerful artifacts

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  Trump motorcade drives across Lincoln Memorial Reflecting Pool to inspect renovation efforts

“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