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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWith One Tweet, Obama Takes Credit For The Economy Back From Trump
https://www.politicususa.com/2020/02/17/obama-trump-economy-credit.htmlPosted 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:
✔
@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
Trumps 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.
Trumps first three years of job growth are worse than Obamas, as the economy is slowing under the current president.
The credit for the growth that has been achieved belongs to Barack Obama. Trump hasnt created the greatest economy in history. He has ridden Obamas coattails and sabotaged growth with a massive tax cut for the wealthy and corporations that are so toxic that even Republicans wont 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.
Ohioboy
(3,243 posts)It must be repeated and never allowed to be usurped by the current occupant of the White House.
brewens
(13,589 posts)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.
lunatica
(53,410 posts)magicarpet
(14,154 posts)........ at outrageous tax increases either. Damn that Obama ! He caused the Revolutionary War !
lastlib
(23,239 posts)I think that needs to be looked into."
(--Actually said by a tRumper )
Grokenstein
(5,723 posts)malaise
(269,022 posts)Baitball Blogger
(46,720 posts)krissey
(1,205 posts)peacefreak2.0
(1,023 posts)Thank you, Mr.President.
polmaven
(9,463 posts)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)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!
Wounded Bear
(58,662 posts)Joinfortmill
(14,427 posts)Love Obama
UniteFightBack
(8,231 posts)survives will record it that way.
hkp11
(275 posts)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
bronxiteforever
(9,287 posts)Thank you President Obama.
Roy Rolling
(6,917 posts)calimary
(81,298 posts)And he would be accurate and truthful. In many ways, I suspect.
Im no Freud expert but I cant ignore suspicions that one of those two feels a rather desperate compulsion to overcompensate... (Hint: it ISNT President Obama...)
bullwinkle428
(20,629 posts)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.
NBachers
(17,117 posts)IronLionZion
(45,447 posts)SWBTATTReg
(22,130 posts)comparison on the presidential stage between Obama and rump. NONE.
progree
(10,908 posts)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
R B Garr
(16,954 posts)mopinko
(70,112 posts)a rolls-royce jet engine. hmmm...
pansypoo53219
(20,977 posts)Response to babylonsister (Original post)
Name removed Message auto-removed
SMC22307
(8,090 posts)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)Bwaaaaaaaaaaaaaaaaaaaaaaaah!
babylonsister
(171,066 posts)malaise
(269,022 posts)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