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.



Former Border Patrol chief recalls Biden migrant surge chaos as Trump crackdown delivers historic turnaround
Peggy Flanagan’s lose-lose situation on fraud culpability in Minnesota Senate race
Illegal alien busted allegedly hauling enough fentanyl to potentially kill state’s entire population — twice
Trump admin sued over alleged illegal collection of sensitive voter data from 47 states
Democrat’s debate ‘cue cards’ steal spotlight in high-stakes Senate clash
Breaking: Kristi Noem Out as Trump’s Special Envoy for the Shield of the Americas
FBI returns ‘Most Wanted’ fraudster to US after India arrest in alleged $600K SNAP food stamp fraud scheme
Trans neo-Nazi accused of plotting Hindu temple massacre, will receive hormone treatment in jail: officials
Washington Post Now Luring Women to OnlyFans, Suggesting Pay up to 1,600x Higher Than What Most Women Make
‘Oh, shut up!’: Democrat snaps at Collins after heckler drives Maine Senate debate off the rails
Kelly Clarkson Gets Worst Backup Possible as Loathed Star Kathy Griffin Comes to Her Defense in Insane Feud with Small Shop Owner
‘Suspicious Mailings’ Containing ‘Unknown Substance’ Sent to Offices of Marco Rubio and Other Politicians: FBI
Can cooking for terrorists bar asylum? Supreme Court takes up unusual case with broader immigration stakes
Breaking: 3 Children, 1 Adult Killed in Elementary School Shooting
Marjorie Taylor Greene Lashes Out at Trump, Defends Ilhan Omar, Whom She Tried to Censure

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  DeSantis presses reluctant Floridians for swift evacuations as Hurricane Isaias strengthens

“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