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.



GOP veteran defeats populist candidate in one of America’s most conservative districts
MAGA triumph: Trump ally Ken Paxton defeats John Cornyn in bitter Texas GOP primary war
We Could Cover 10 Percent of the Entire Deficit if Gov’t Stopped Accidentally Making Improper Payments
Owner of Trump House Who Was Brutally Beaten Has Died – Wife Believes Politics Motivated Murder
Reparations-Backing California Candidate Run Out of Black LA Neighborhood Over His ‘Devil Blue Eyes’
Murder-suicide probe underway after alleged Tom Selleck impersonator scam targeted woman
Mamdani faces a Muslim problem ahead of Gracie Mansion protest
DOJ sues UCLA for fostering ‘hostile’ antisemitic environment for Jewish and Israeli students
Thom Tillis Unloads on Hegseth, Ken Paxton in Weekend Tantrum as GOP’s Establishment Wing Faces Extinction
Graham Platner vows to ‘come after’ Bezos as Senate hopeful escalates billionaire tax fight
Woman killed by flying restaurant umbrella in freak accident at South Carolina lakeside restaurant
Ousted Senate Republican digs in against Trump, takes jab at leadership style
Democrats’ Official X Account Forced to Delete Horribly Disrespectful Memorial Day Post – But We’ve Got the Original
Jake Auchincloss denies supporting Collins in Maine Senate race after opposing Planter bid
Redistricting push in South Carolina fails after state Senate bails

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  FBI launches ‘fittest agent’ competition for field offices

“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