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.



Baby pulled from vehicle trapped in raging floodwaters in dramatic rescue caught on video
Teen sailor killed aboard USS West Virginia at Pearl Harbor identified after 82 years through DNA analysis
Stampede erupts at South Carolina biker festival, 19 injured in late-night chaos
This Could Sink Mangione’s Defense: Judge Allows Notebook, Gun as Evidence
Appeals Court Puts Stake Through Heart of New York’s Anti-2nd Amendment ‘Vampire Rule’
Mosque Shooter Identified as Apparent Neo-Nazi with Hispanic Name
GOP Swing State Justices Sweep in Rare Midterm Setback for Democrats
Marine veteran and Boston firefighter dies after rescue efforts at massive house blaze
‘After your boy’: Hasan Piker lashes out over fed probe into Cuba trip
Officials say possible crack in unstable chemical tank may relieve pressure at aerospace plant
Retiring senator warns if Trump continues to do ‘stupid things’ it will kill GOP in November
‘Wasteful distraction’: Experts slam Mamdani’s taxpayer-funded grocery stores
WWII vet gives direct message to young people today: ‘We gave up our yesterdays for your tomorrows’
Dem socialist running for Wisconsin governor pushed ‘abolishing the police’
From rally gunfire to White House shooting, threats against President Trump continue to mount

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  Spanberger vetoes marijuana market bill

“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