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.



Illegal immigrant accused of grabbing ICE officer’s taser while shouting ‘Allahu akbar’ during arrest
Trump fetes Saudi crown prince with pseudo-state dinner attended by Cristiano Ronaldo
Thune fields Senate GOP backlash over ‘Arctic Frost’ surveillance provision
Federal prosecutors charge suspect who allegedly vandalized US Attorney Alina Habba’s office
Letitia James and Lisa Cook lawyer pushes back on mortgage fraud allegations
Trump calls for federal AI standards, end to state ‘patchwork’ regulations ‘threatening’ economic growth
Mother and Son Hospitalized After Being Viciously Attacked by a Mob of Elementary School Students
Six Democrats urge military members to ‘refuse illegal orders’ in viral video; Hegseth responds
The Weaponry of Words: What Israel vs. Hamas Taught Us About the Fight for Truth
Trump Seeks to Take ‘Fat, Rich Insurance Companies’ Out of the Equation as He Lays Out ‘the Only’ Healthcare Plan He Will ‘Approve’
House Democrats in Turmoil as Allegations of Lying and ‘Election Subversion’ Fly: Report
Senate unanimously votes to send bill demanding Epstein file release to Trump’s desk
Former Obama staffer, ex-congressman among candidates in crowded Democrat primary for Mikie Sherrill’s seat
Report: George Soros Sent Funding to Group That Aims to Crush Conservative Media
Mexican president rejects US striking drug cartels despite riots over violent crime

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  Fact check: Does Trump need to expand H-1B visas to address lack of ‘talented’ workers?

“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