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.



At Least 4 Christian Farmers Gunned Down in Their Fields by Motorcycle Mounted Islamists in Nigeria
Breaking: WHCD Gunman Manifesto, Social Accounts Found – He Targeted Trump, Was a ‘No Kings’ Rally Attendee
White House Correspondents’ Dinner suspect checked into Hilton hotel one day before the shooting: sources
Son warns suspected killer may ‘get away with murder’ after conviction tossed in mom’s execution-style slaying
CNN Journo Called Trump ‘a Guy Who Wants Us Dead’ Minutes Before Correspondents’ Dinner Shooting
Trump faces unprecedented third assassination attempt
Flashback: When a Magnificent Cathedral Was Torched by an African Illegal Who Murdered a Priest He Lived With
Mass shooting near Indiana University injures 9, no arrests made yet
Trump’s DC beautification push wins rare Dem praise as president snaps landmarks back to life
White House Correspondents’ Dinner shooting sharpens focus on Trump’s ballroom construction proposal
Navy Sends Robots to Take Out Iranian Mines in Strait of Hormuz: Several Successful Detonations Already Reported
WHCD Shooter Was California Teacher Once Praised as ‘Teacher of the Month’
Becerra gains momentum in California governor’s race after Swalwell shake-up
House lawmakers to watch as GOP leadership tries to pass FISA extension
California DOGE leader slams Newsom, Bonta over state’s massive fraud issues: “Every day is opposite day”

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  Republicans Cline and Presler rally against Virginia redistricting vote

“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