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.



Trump asks when he’ll be credited with creating ‘perhaps the Greatest Economy’ ever in US history
Former British PM embraces ‘Trump-style revolution’ while blasting BBC and Bank of England
Opinion: The Trump-Cuellar Disaster Proves Trump Is One of the Most Decent Presidents We’ve Had in Decades
Trump’s show business homecoming
Noah Baumbach’s paean to fallen stars
Christmas comes early for the Beatles completist
HUD launches civil rights investigation into Boston’s DEI housing policies over alleged racial discrimination
Mississippi governor orders release of man who served more than 10 years of illegal 15-year sentence
Invasive pest never before seen in North America threatens Texas food supply, officials warn
Trump grants ‘full pardon’ to Tina Peters after 2020 election interference conviction
Newsom says Trump is one of the ‘most destructive’ president of his lifetime: ‘This guy is reckless’
Black Lives Matter OKC leader charged with wire fraud, money laundering in alleged $3.15M embezzlement scheme
Viral footage shows DoorDash driver allegedly pepper-spraying customer’s food order during delivery
Trump announces pardon for Colorado clerk: ‘Simply wanted to make sure that our elections were fair’
Trump administration offers $5M reward for capture of fugitive Los Choneros gang leader

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  Top US political figures lend legitimacy to Qatari forum allied with array of anti-American groups

“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