Posted on 09/10/2018 9:37:26 AM PDT by yesthatjallen
President Trump on Monday criticized President Obama for a 2016 claim that Trump would need a “magic wand” to deliver on his promises to boost U.S. manufacturing employment.
In a Monday tweet, Trump misquoted Obama’s June 2016 criticism of his economic agenda that came shortly after Trump had all but officially clinched the Republican presidential nomination.
Trump quoted Obama as saying, “President Trump would need a magic wand to get to 4% GDP,” at a PBS Newshour town hall event in 2016.
“President Trump would need a magic wand to get to 4% GDP,” stated President Obama,” Trump tweeted. “I guess I have a magic wand, 4.2%, and we will do MUCH better than this! We have just begun.”
“President Trump would need a magic wand to get to 4% GDP,” stated President Obama. I guess I have a magic wand, 4.2%, and we will do MUCH better than this! We have just begun. — Donald J. Trump (@realDonaldTrump) September 10, 2018
Trump appeared to be referencing remarks Obama made about manufacturing employment, not economic growth, during the 2016 town hall.
During the town hall event, Obama referenced Trump's promise to woo American companies into manufacturing goods in the U.S. without saying the then-candidate's name.
“Well, how exactly are you going to do that? What exactly are you going to do? There’s no answer to it,” Obama said referring to Trump's campaign rhetoric.
“He just says, 'Well, I’m going to negotiate a better deal.' Well, what, how exactly are you going to negotiate that? What magic wand do you have? And, usually, the answer is, he doesn’t have an answer.”
Trump was also criticized during the 2016 campaign for pledging to increase the annual growth rate to 4 percent of gross domestic product, a pace not experienced in the U.S. since 2000.
Many mainstream liberal and conservative economists said the U.S. was far too developed to sustain 4 percent annual growth and said the country’s long-term growth rate would be closer to 2 percent of GDP.
The U.S. economy grew by 2.3 percent of GDP in 2017, it expanded by 4.2 percent of GDP in the second quarter of 2018 on an annualized basis. Trump and top White House aides have pointed to the rise as proof that the president’s skeptics were incorrect, but the U.S is still not on pace to achieve the president’s goal of 4 percent average growth throughout 2018.
Trump and Republican officials lashed out at Obama throughout the weekend after the former president blasted his successor and the GOP on Friday in a fiery speech as he hits the campaign trail ahead of the 2018 midterms.
Obama targeted Trump for taking credit for the strong economy.
"When you hear how great the economy is doing right now, let's just remember when this recovery started," Obama said in remarks at the University of Illinois.
"When the monthly job numbers come out suddenly Republicans are saying it's a miracle,” the president quipped, seeming to note that the same Republicans lashed out at similar numbers during his presidency.
Trump on Friday fired back at Obama during a campaign speech in Montana, claiming that the U.S. economy would now be in a deep recession if Democratic presidential nominee Hillary Clinton had won the 2016 election.
But, economists had projected the U.S. economy to grow closer to 2 percent in 2018 before Trump’s election, not shrink as the president said it would.
Trump and Republican lawmakers are touting low U.S. unemployment, accelerating growth and rising consumer confidence as they attempt to defend their control of Congress in the midterm elections.
Democrats have largely given Obama credit for the current strength of the economy while blaming Republicans for stagnant wages and rising economic inequality.
Trump also erroneously said that the U.S. unemployment rate (3.9 percent as of last week) had sunk below the GDP growth rate (4.2 percent in the second quarter) for the first time in 100 years.
However, the U.S. growth rate has been higher than the unemployment level more than 20 percent of the time since the Labor Department began reporting employment data 70 years ago, according to Bloomberg.
Fox News research also reported that there have been 63 quarters since 1948 when the growth rate exceeded the unemployment rate.
In 2016, Obama asked what magic wand Donald Trump has to bring jobs back to America because they aren’t going to just come back. Two years later, Obama is taking credit for the jobs President Trump is bringing back.
Did 0bama use HIS magic wand on Reggie?
See. This is why only professional journalists should be permitted to “curate” the news. So that history is not available to just anybody.
FTA: “Trump misquoted Obama’s June 2016 criticism...”
Yeah, he does that intentionally because he knows his perma-critics will jump on it and give additional attention to the actual quote, showing the Zerobama is a clueless sack of meat trying to claim credit for what he claimed couldn’t happen.
He gets a small detail wrong to use his critics to amplify the reality of the larger point.
Hussein plays catcher.
Pubbies have gold in them thar videos of Obama and his ‘new normal’.
They do need to collect those various Obama videos/audios before the videos/audios get ‘lost’ in an internet cleansing.
It does take a lot of gall for Obama to claim responsibility for the current economy, considering how stagnant the economy was for 8 years during his presidency — even with massive bailouts.
Good.
President Trump is more than justified to stick those GDP and other economic numbers in his face.
This is why we elected “The Donald”.
Obama hasn’t recognized that we are making STEEL and mining COAL again in America. “Those jobs are not coming back” he told America. How bloody wrong he was.
Clinton wanted to continue the insane democrat war on coal, gas & oil and globalism. Even told the coal miners she was going to put them out of business (dumb move). The democrat war against fossil fuels was actually a war against industry and against capitalism. Can’t have profitable industry without abundant supplies of inexpensive energy and capital. Our capitalistic free market economy is fueled by coal, gas & oil. The democrat goal is to destroy capitalism, so they can roll out full-blown socialism. And there goes the ballgame.
At this point you have to believe that Trump makes these “errors” on purpose. He says (or tweets) something that’s generally true, but off in some key detail. The press spends a few days debunking the error, all the while reinforcing the general truth underneath it.
I guess that a tax cut is a “magic wand”.
World’s best troll.
He is using rhetorical jiu-jitsu on them and they don’t even know it.
This is Trump at his best.
All I heard from those two ex-Resident’s speeches was ‘Whatever good is happening is because of me, and whatever nefarious thing I did I am accusing the President of doing.’ Typical O-BS-er’s BS!
All Leftists in the Media, Entertainment, and political sphere HATE Trump for the simple reason that he committed the cardinal sin of ridicule against them, but the irony is, he never had to even open his mouth.
He let his actions do the talking.
In an era where everything is recorded for posterity and replayable online, the old leftist way of saying things and having it forever obscured by time to prevent people from ever seeing again how much of a fool you are...IS DEAD.
Now, all you have to do is type in a search engine “2016 election” and you are treated to terabytes of video that shows leftists of all stripes being utter fools, and it can’t be erased (yet)
When Obama went on the Jimmy Kimmel show, and they all had a great laugh at the ineptitude, unlikability, and the utterly impossible thought that Trump would get elected by watching Obama responding to Trump’s recent tweet “President Obama will go down as perhaps the worst president in the history of the United States”.
Obama read it aloud, and putting on that thin-skinned, angry, arrogant face we have all come to know, said “Well, @realDonaldTrump, at least I will go down as a president.” and drops the microphone at the end, still wearing that stupid, arrogant face.
Well.
Can’t go back and delete it now, can you? And all the people saying similar things. They all have to eat it, every day. They cannot go back in time and un-say their stupidity and arrogance.
How they can show their faces in public is beyond me, but they do. How anyone can take them seriously after that is a puzzle, but people apparently do in some cases.
But that is why they hate and despise Trump.
Nit meet pick!
We are in campaign mode leading up to the mid-terms. All truth meters should be turned off to protect from overloads.
Mr. Obama did use the term “magic wand” in a mocking way towards Mr. Trump during the previous campaign in reference to the economy.
It is within the bounds of political speech to twist words to embarrass you opponent per the Democrat rule book.
So I don’t believe President Trump broke any rules. /s
Drop mic and walk away...
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.