President Donald Trump berated his predecessor, Barack
Obama, as each sought credit Monday for the booming U.S. economy.
The robust U.S. economy – including the low 3.6%
unemployment – is a central talking point for Trump on the campaign trail.
However, Obama appeared to take a subtle dig with a tweet
earlier Monday marking the 11th anniversary of the 2009 economic stimulus.
“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 posted on Twitter.
Trump blasted back, accusing Obama of doing a ‘con job’.
“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….”
As USA Today reported, Democrats responded by praising
Obama’s tweet and arguing that Trump is reaping the benefits of the work his
predecessor did.
Republicans, however, accused Obama of seeking credit for
Trump’s policies, an argument Trump echoed later.
“He had the WEAKEST recovery since the Great Depression,
despite Zero Fed Rate & MASSIVE quantitative easing. NOW, best jobs
numbers,” Trump posted of Obama.
Trump has argued that his emphasis on reducing regulations
and the 2017 tax bill has spurred economic growth.
Democrats noted that unemployment and stock prices began
increasing under the Obama years as they bounced back from the Great Recession,
a trend that continued into Trump’s presidency. Trump loyalists pointed out
that the unemployment rate is at its lowest point in decades while the stock
market has been hitting record highs.
“With an economy this good, it’s no wonder Barack Obama is
trying to take credit,” Scalise said. “But I believe the saying is: ‘You didn’t
build that. Somebody else made that happen.’ @realDonaldTrump made that
happen.”
Obama tweet:
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. pic.twitter.com/BmdXrxUAUf— Barack Obama (@BarackObama) February 17, 2020
Click to signup for FREE news updates, latest information and hottest gists everyday....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!— Donald J. Trump (@realDonaldTrump) February 17, 2020
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