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.



Powerful Dem’s jabs at Trump come back to haunt her after office raided by FBI: ‘Aged well’
DeSantis hits Obama with brutal one-line response to DOJ politicization accusation: ‘Would like a word’
Karoline Leavitt welcomes daughter Viviana: ‘perfect and healthy’
EXCLUSIVE: Harvard-Trained MD Says ‘Coercive’ Vaccine Push Shattered Trust and Has Harris Voters Questioning the Experts
Watch: Hero Dad With a Gun Takes on Carjacker Who Turned Out to Be an Illegal… and Is Now Dead
Rabid beaver attacks boy fishing at New Jersey lake, prompting health officials to warn residents
Hantavirus cruise death toll rises to five after eight confirmed infections: WHO
Gorsuch highlights staggering decline in civic literacy that prompted him to author new book
Top Spanberger ally targeted in FBI corruption probe has long history of controversy
Watch: Tom Homan Ruins Kathy Hochul’s Night With Unexpected Update on Trump Policy on Live TV
Border Patrol Raids Disney Cruise Ship, Finds Every Parent’s Nightmare Lurking on Board – This Is What Dems Want Defunded
Feds seize mountain of fentanyl from ‘open-air drug market’ in massive crackdown targeting gang crews
Americans keep moving to Texas and Florida — but one other red state is growing even faster
China orders firms to ignore US Iran sanctions, daring US to enforce crackdown
Mamdani Berates Billionaire Outside His Residence Near UnitedHealthcare CEO Assassination Site

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  At least five killed and dozens injured in Ukraine in ‘vile’ Russian strike amid ceasefire talk

“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