Donald Trump slams Obama for ‘trying to take credit’ for US economic boom

Donald Trump blasted his predecessor Barack Obama for claiming that he’s responsible for creating legislation that caused economic booms in both of their administrations.

On Monday, Obama tweeted a photo of what appeared to be his signature at the foot of the Recovery Act, a stimulus package passed in February 2009.


Click here for latest news

“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,” Barack Obama wrote.



And Trump took to Twitter to slam Obama’s claim as a “con job.”

He tweeted: “Did you hear the latest con job? President Obama is now trying to take credit for the Economic Boom taking place under the Trump Administration. He had the WEAKEST recovery since the Great Depression, despite Zero Fed Rate & MASSIVE quantitative easing. NOW, best jobs numbers….”

In a subsequent tweet, Trump decried the economic recovery under Obama as the weakest since the Great Depression of 1929. He also asserted that the US would be in dire financial straits had the Democratic party won the 2016 presidential election.

He wrote: “….ever. Had to rebuild our military, which was totally depleted. Fed Rate UP, taxes and regulations WAY DOWN. If Dems won in 2016, the USA would be in big economic (Depression?) & military trouble right now. THE BEST IS YET TO COME. KEEP AMERICA GREAT!

[img][https://www.naijanewsgist.com/wp-content/uploads/2020/02/Donald-Trump-slams-Obama-for-%E2%80%98trying-to-take-credit%E2%80%99-for-US-economic-boom2.png/img]

?>>>>>>>>>>>>>>> https://www.naijanewsgist.com/news/donald-trump-obama-us-economic/

Trump should be the one kissing Obama's ass,the recovery process leading to the current economic boom started during the Obama administration,while Obama inherited a dying country,Trump inherited a good economy.

That administration took unemployment from 10% high level to 4.5% without blowing up the deficits through policies like the $787bn economic stimulus package,the American recovery and reinvestment act, bailing out the US auto industry, ending the Iraq war a major factor to increase in budget deficit, improved regulations in the US finiacial system to avoid the mistakes that caused the 2008 finiacial crisis.

The Trump administration only took unemployment from 4.5% to 3.5% while blowing up the deficits,the Trump tax cuts only favours the US elites,while his trade war has caused thousands of farmers to go bankrupt.

Well, we can of course go check the evidence.
Below is a graph of US GDP from 2007. Tell me if you see growth after 2008's Subprime implosion.

The Stimulus Act. The biggest Racketeering scam act in the US.

When Obama became president, he and his party blame Bush for a bad economy, the economy is good now and they trying to take credit for it, and that’s the same economy they have refused to accept that it’s working.

;D4

Trump the bad guy you just have to love

Obama is a Scam.....
Scammed Americans with "Change and Sympathy "..

Sold the same "Change Scam" to Nigerians.. Nigerians fell for it and are were they are Today..

The USA was on free fall both nationally and internationally.
I Remember telling my folks in 2016 that if Hilliary won that election, The USA will cease to be World Power!

If I had told you eight years ago that
America would reverse a great recession,
reboot our auto industry, and unleash the
longest stretch of job creation in our
history…if I had told you that we would open
up a new chapter with the Cuban people,
shut down Iran’s nuclear weapons program
without firing a shot, and take out the
mastermind of 9/11…if I had told you that
we would win marriage equality, and secure
the right to health insurance for another 20
million of our fellow citizens – you might
have said our sights were set a little too
high.
But that’s what we did. That’s what you
did. You were the change. You answered
people’s hopes, and because of you, by
almost every measure, America is a better,
stronger place than it was when we started. ............BARRACK OBAMA, Jan 10,2017. Farewell Speech.

budaatum:
Well, we can of course go check the evidence.
Below is a graph of US GDP from 2007. Tell me if you see growth after 2008's Subprime implosion.

No ,those who said Buhari is Jibrin El Sudani can't and won't see such statistics.

Babacele:
No ,those who said Buhari is Jibrin El Sudani can't and won't see such statistics.

They are so ignorant about history that I often think they were born tomorrow!

Just hear someone blaming Obama for "The USA was on free fall both nationally and internationally", when that freefall began under Bush. Same way they ignore what GEJ was doing with crude oil at $150 a barrel!

budaatum:

They are so ignorant about history that I often think they were born tomorrow!

Just hear someone blaming Obama for "The USA was on free fall both nationally and internationally", when that freefall began under Bush. Same way they ignore what GEJ was doing with crude oil at $150 a barrel!

no mind them. na their fraudulent, empty and ignorant braggadocio kill GEJ and made him loose reelection.