Posted on 09/07/2018 10:49:34 AM PDT by E. Pluribus Unum
Obama could not hold back his irritation that Trump is receiving credit for the roaring economy nearly two years after his leaving office.
At a speech at the University of Illinois, Obama scoffed that some of the greatest economic numbers in American history are occurring under Trump’s administration. Obama mentioned the financial crisis at the beginning of his term saying “When I came into office in 2009 we were losing 800,000 jobs a month.”
“Millions of people were losing their homes. Many were worried we were entering into a second Great Depression. So we worked hard to end that crisis but also to break some of these longer-term trends,” Obama said, “And initiated the longest streak of job creation on record. We covered another 20 million Americans with health insurance and we cut our deficits by more than half, partly by making sure people like me who have been given such amazing opportunities by this country, pay our fair share of taxes, to help folks coming up behind us.”
“I mention all this just so when you hear how great the economy is doing right now, let’s just remember when this recovery started,” Obama then said, “I’m glad it’s continued but when you hear about this economic miracle that’s been going on, when the job numbers come out, monthly job numbers, suddenly Republicans are saying ‘It’s a miracle.’ I have to remind them, actually, those job numbers are the same as they were in 2015 and 2016.”
(Excerpt) Read more at dailycaller.com ...
Obama can be credited with stimulating a broad-based economic revival by... going away.
When Trump was laying out his plan to resurrect the economy Zero declared that all we could hope for was to manage the decline and that Trump had no magic wand.
Now that Trump has resurrected the economy Zero acts as if he knew it all along.
Odd that he predicted doom and gloom if he knew there was going to be an economic resurrection.
ANYTHING bad during his term was “Bush holdover” —we heard that cr*p for YEARS.
And now, ANYTHING good coming after is deemed good news stolen from HIM.
Wow...that’s real brass, right there.
No, the S&P has increased pretty consistently since at least 1970, except for declines from 00-03 and 08-09.
It is always entertaining how scumbags like Obama ALWAYS try to take credit for what real patriots ACCOMPLISH for America.
Obama was, and still is, dedicated to HURTING America and its foundations.
Its like the losing coach that was fired, claiming the success of his replacement is because of him. Ridiculous on its face.
In '09 Hussein came on TV to tell us that it is his...Obama Care.
His last year, every chance he got he called it Affordable Care Act
Obama elected - “We hear ALL KINDS of people are swearing not to take orders from a black Prez..!”
Obama leaves - “Hey everyone, DON’T take orders from Trump..!”
Imagine what Trump would be doing with a Zero Interest Policy and a $700B stimulus fund.
A President sets the tone for the Economy.
Obama wanted a ‘government guided invisible hand’ (so too Elizabeth Warren) or Bottom down stagnant economy.
Trump unleashed the Animal Spirits for a bottoms up vibrant economy.
Voters have a choice
Eight years of economic depression under that jackass, and now he claims credit for Trump’s achievements?????
Bush got the blame for Pelosi gaining power. For the next 8 years people held on to their money while government created more debt than ever in our history, including times of war. If the government had not, “stimulated” the markets and the feds had not printed trillion$, the Obama economy would have been worse than the Carter years. The entire decade was propped up artificially by the lying media.
Trump is freeing the American people to be productive again and getting no credit for it.
Economic miracle is definitely Trump’s fault.
Thanks, From the chart, trading activity seemed to go up quite a bit in dec 16.
President Stompy Feet
Blatant lies, the libs sure are good at it. Where's the gal saying yea sure right thumbs up when you need her.
Yup, Obama bugged Trump.
Obama is like getting a case of never ending Syphilis.
I can think of several angles.
So easy...for Trump.
Every other Pubbie is too cowardly and afraid of the blacklash.
Turned on the TV earlier today and was *outraged* that every damn channel - including Fox News and Fox Business - was carrying all or most of Hussein’s live speech. It seemed to go on and on for hours! What the hell.....?!
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