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.



UN nuclear watchdog says Iran nuclear site damaged in strikes
Justice Department’s new policy saves $1.6 million in taxpayer dollars previously spent on transgender procedures
Supreme Court blocks California ban on notifying students’ parents about gender transitions
Cornyn wants to work with Trump to fix ‘broken’ immigration system if reelected
BREAKING: US Embassy in Riyadh, Saudi Arabia Hit by Multiple Iranian Drones
Markets Handle Iran Strikes Brilliantly as S&P 500 Has Biggest Intraday Recovery in 5 Months Finishing Positive for the Day
Trump sends official notification to Congress on strikes against Iran
Virginia Mom Allegedly Murdered by Illegal Alien with 30 Priors Only Weeks After Dem Governor Blocks ICE Cooperation
Department of Education Honors Charlie Kirk with Banner as Part of America’s 250th Birthday Celebration: ‘Heroes in American Education’
Watch: Responding to an ABC Reporter, Trump Just Issued the Coolest Wartime Quote in Presidential History – It’ll Never Be Topped
Iran Update: Trump Says Attack Is Moving Much Faster Than Expected With 1,200 Targets Hit and the Entire Iranian Navy Neutralized
Musk, xAI tout newest Grok update as only ‘non-woke’ platform: ‘Doesn’t equivocate”
Trump admin warned lawmakers Israel was ‘determined to act with or without us’ before massive Iran strikes
Tarot influencer’s claims in Idaho college murders case spark courtroom reckoning
New Jersey-bound United flight makes emergency landing at LAX after engine fire

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  ‘Create a crisis’: Mainstream professor group partners with DSA to unleash anti-ICE chaos on campuses

“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