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babylonsister

(171,066 posts)
Mon Feb 17, 2020, 02:46 PM Feb 2020

With One Tweet, Obama Takes Credit For The Economy Back From Trump

https://www.politicususa.com/2020/02/17/obama-trump-economy-credit.html

Posted on Mon, Feb 17th, 2020 by Jason Easley
With One Tweet, Obama Takes Credit For The Economy Back From Trump
Former President Barack Obama reminded everyone who is really responsible for the current economy with a single tweet marking the anniversary of the Recovery Act.

Obama tweeted:

Barack Obama

@BarackObama

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.
View image on Twitter
300K
10:46 AM - Feb 17, 2020


Trump’s biggest contribution to economic policy was a massive tax cut for the wealthy and corporations that he promised would generate 6% growth, jobs, and pay for itself. None of these things have happened. Growth has slowed, the tax cut has blown a trillion-dollar hole in the deficit, and the wave of good-paying jobs never came. The Trump tax cut had no positive impact on jobs.

Trump’s first three years of job growth are worse than Obama’s, as the economy is slowing under the current president.

The credit for the growth that has been achieved belongs to Barack Obama. Trump hasn’t created the greatest economy in history. He has ridden Obama’s coattails and sabotaged growth with a massive tax cut for the wealthy and corporations that are so toxic that even Republicans won’t campaign on it.

The economy was primed for takeoff when Obama left office, but under Trump, the middle class and poor are being left behind as prosperity is a gated community for the rich only.

33 replies = new reply since forum marked as read
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With One Tweet, Obama Takes Credit For The Economy Back From Trump (Original Post) babylonsister Feb 2020 OP
This truth must be put forth constantly Ohioboy Feb 2020 #1
I can't remember who, but I saw someone celebrating the new year as, 2020, highest numbered brewens Feb 2020 #2
Well Obama didn't do anything to stop 9/11 either lunatica Feb 2020 #16
Obama did not lift a finger to stop the British from taxing our tea,... magicarpet Feb 2020 #25
"Why wasn't he in the White House when those planes hit the towers? lastlib Feb 2020 #28
Twitter's gonna be good tonight! Grokenstein Feb 2020 #3
It was a brilliant move malaise Feb 2020 #4
Now THAT'S what I'm talking about. Baitball Blogger Feb 2020 #5
That is awesome. Good for Obama. krissey Feb 2020 #6
Sounds like the gloves are coming off. peacefreak2.0 Feb 2020 #7
You TELL 'EM, Mr. President! polmaven Feb 2020 #8
Thank you for speaking up and in diplomatic fashion KPN Feb 2020 #9
K & R...for visibility...nt Wounded Bear Feb 2020 #10
Now there's a President Joinfortmill Feb 2020 #11
Obama and the United States saved the world economy that day ...not just ours. History if it UniteFightBack Feb 2020 #12
wouldn't it be nice... hkp11 Feb 2020 #13
Kick and recommend for truth bronxiteforever Feb 2020 #14
A picture is worth 1000 words Roy Rolling Feb 2020 #15
Obama to trump: "Mine's BIGGER." calimary Feb 2020 #33
He's 1000% correct, but there are WAY TOO MANY ignorant mofos in this bullwinkle428 Feb 2020 #17
When we win this election, if the trump economy tanks, they will scream that the Democrats did it NBachers Feb 2020 #18
Thanks Obama IronLionZion Feb 2020 #19
Thank you babylonsister for echoing the words of my hero Obama. There literally is no ... SWBTATTReg Feb 2020 #20
Real weekly earnings: Obama's last 3y: +4.50%, trump's 3y: +3.18%, last 12 mo: +0.15% progree Feb 2020 #21
K&R! R B Garr Feb 2020 #22
with all that deficit spending the economy should be humming like mopinko Feb 2020 #23
how much better would america be w/out the moron? how high is the deficit now? the debt? pansypoo53219 Feb 2020 #24
Message auto-removed Name removed Feb 2020 #26
The Democratic Party needs to be relentless in getting this message out. SMC22307 Feb 2020 #27
I heard that the Con responded overnight malaise Feb 2020 #29
Yep. Trump Goes Ballistic After Obama Reminds Him Who Built This Economy babylonsister Feb 2020 #30
Thanks - Joe Scum and Mica just tore into the Con malaise Feb 2020 #31
King Con... babylonsister Feb 2020 #32

Ohioboy

(3,243 posts)
1. This truth must be put forth constantly
Mon Feb 17, 2020, 02:50 PM
Feb 2020

It must be repeated and never allowed to be usurped by the current occupant of the White House.

brewens

(13,589 posts)
2. I can't remember who, but I saw someone celebrating the new year as, 2020, highest numbered
Mon Feb 17, 2020, 03:00 PM
Feb 2020

year ever under Trump! Joking of course, but it wouldn't have surprised me to see a Trump worshipper crowing about it.

It was all gloom and doom under Obama despite things going along as they still are. I saw a bumper sticker maybe a few months after Obama took office that said, "Obama Lied and the Economy Died". I wondered just where the hell that came from? I'm pretty sure it was after the markets started ticking up too. They started in lying about Obama right away.

magicarpet

(14,154 posts)
25. Obama did not lift a finger to stop the British from taxing our tea,...
Mon Feb 17, 2020, 08:41 PM
Feb 2020

........ at outrageous tax increases either. Damn that Obama ! He caused the Revolutionary War !

lastlib

(23,239 posts)
28. "Why wasn't he in the White House when those planes hit the towers?
Tue Feb 18, 2020, 06:48 AM
Feb 2020

I think that needs to be looked into."

(--Actually said by a tRumper )

polmaven

(9,463 posts)
8. You TELL 'EM, Mr. President!
Mon Feb 17, 2020, 03:39 PM
Feb 2020

You are the reason our country is (was?) going uphill financially, but this resident is bringing us in the opposite direction!

KPN

(15,646 posts)
9. Thank you for speaking up and in diplomatic fashion
Mon Feb 17, 2020, 03:53 PM
Feb 2020

setting the record straight, demonstrating the competence deserving of the presidency, and sticking it to SS well as rattling the pretender who occupies the WH today at the very same time Mr. President!

 

UniteFightBack

(8,231 posts)
12. Obama and the United States saved the world economy that day ...not just ours. History if it
Mon Feb 17, 2020, 04:19 PM
Feb 2020

survives will record it that way.

hkp11

(275 posts)
13. wouldn't it be nice...
Mon Feb 17, 2020, 04:22 PM
Feb 2020

if Barack Obama ran for 2020 and got everything back on track - of course, the Senate would need to be taken at the same time for this

calimary

(81,298 posts)
33. Obama to trump: "Mine's BIGGER."
Tue Feb 18, 2020, 12:19 PM
Feb 2020

And he would be accurate and truthful. In many ways, I suspect.

I’m no Freud expert but I can’t ignore suspicions that one of those two feels a rather desperate compulsion to overcompensate... (Hint: it ISN’T President Obama...)

bullwinkle428

(20,629 posts)
17. He's 1000% correct, but there are WAY TOO MANY ignorant mofos in this
Mon Feb 17, 2020, 04:43 PM
Feb 2020

country that are willing to believe that the relatively positive state of today's economy is mostly or completely the result of Chump's actions.

That's not just my hypothesis - there is a poll indicating just that, and this was most depressing thing I've seen with regards to our chances this November.

SWBTATTReg

(22,130 posts)
20. Thank you babylonsister for echoing the words of my hero Obama. There literally is no ...
Mon Feb 17, 2020, 05:59 PM
Feb 2020

comparison on the presidential stage between Obama and rump. NONE.

progree

(10,908 posts)
21. Real weekly earnings: Obama's last 3y: +4.50%, trump's 3y: +3.18%, last 12 mo: +0.15%
Mon Feb 17, 2020, 06:16 PM
Feb 2020

These are inflation adjusted weekly earnings of production and nonsupervisory workers
http://data.bls.gov/timeseries/ces0500000031

In other words a wage slowdown.

Life expectancy under trump down 3 years in a row --- unprecedented

Response to babylonsister (Original post)

SMC22307

(8,090 posts)
27. The Democratic Party needs to be relentless in getting this message out.
Mon Feb 17, 2020, 09:29 PM
Feb 2020

And start pointing out that because of Trump's unfunded tax cuts, Fat Nixon and the Republican Party are coming for SS and Medicare.

malaise

(269,022 posts)
31. Thanks - Joe Scum and Mica just tore into the Con
Tue Feb 18, 2020, 07:05 AM
Feb 2020

They started with Obama's Recovery Act speech. OMAN sure knows how to troll a fool.

It's fun to see King Con calling Obama's facts a con job - Don the Con should know

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