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.



Buyer’s Remorse: The Democratic Party’s Radical Lurch and the Reckoning It Invited In
Six Tax Tips You Should Start Thinking About Now
Mackenzie Shirilla’s texts surface as ‘hell on wheels’ driver’s appeal collides with Netflix’s ‘The Crash’
Bessent readies Trump $250 bill as one big hurdle stands between Treasury and making it reality
How a Rhodes Scholar with ties to Cuba’s president organized the convoy that brought Hasan Piker to Havana
Investigators to comb Brian and Lynette Hooker’s sailboat and new search zone in Bahamas disappearance
Sally Field, you deserve better than this
Trump declared ‘fully fit’ for all presidential duties after annual physical shows ‘excellent health’
Donna Brazile brushes off Biden’s stroke fears, says Democrats must ‘focus on the future’
‘Spokane 3’ protesters convicted on federal conspiracy charges for blocking ICE transfer in Washington
Eight riders left dangling atop 100-foot roller coaster for over three hours at Texas amusement park
Fox News Campus Radicals Newsletter: Jewish student abuse alleged, disrespecting Charlie Kirk, woke work
FBI arrests protester who threatened to kill ICE officer’s family at NJ detention center protest, Blanche says
Uber CEO: In the Future, You Won’t Own Your Car
Dan Sullivan vs. Dan Sullivan: GOP blasts clone candidate as lookalike enters Alaska Senate race

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  NBA star places massive bet on Spencer Pratt in LA mayoral race

“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