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.



Hegseth says National Guard members shot in DC ambush by Afghan national will receive Purple Heart
SBA freezes over 100,000 California borrowers in sweeping $9B pandemic fraud crackdown
Israeli Government-Funded ‘Mobile Museum’ Set to Visit US Churches to Promote Zionism
Hundreds of Bizarre References to ‘Pizza’ in New Epstein Documents Raise Eyebrows
Watch: NFL Players Accidentally Prove Bad Bunny Is a Horrible Choice for Super Bowl Halftime Show
Conservative firebrand vows to purge ‘RINOs’ in battle to replace retiring Vern Buchanan in open Florida seat
When anti-ICE clashes trigger federal intervention: Experts explain the constitutional breaking point
North Carolina man charged with three counts of statutory rape held on ICE detainer
Nancy Guthrie’s Neighbor Details Mysterious Sighting Shortly Before Disappearance
Fox News Campus Radicals Newsletter: Top teachers’ union under fire, anti-ICE agitator network exposed
Actor and Producer Timothy Busfield Charged with Committing Child Sex Crimes on Set
Gonzales introduces bill to expand protections for Border Patrol assisting state, local law enforcement
Early missteps, delayed search plane response emerge in Savannah Guthrie’s mother disappearance
Mike Tyson Jumps in the Ring to Help White House Fight Processed Food: ‘Something Has to Be Done’
Fox News True Crime Newsletter: Nancy Guthrie’s abduction, Ohio dentist’s autopsy, Suitcase Killer’s sentence

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  AI giant’s lobbyist spending exploded as it clashed with Trump administration

“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