OBAMA BUGGED THAT TRUMP, REPUBLICANS GETTING CREDIT FOR THE ‘ECONOMIC MIRACLE’ (FUBO)

The Daily Caller ^ | 12:56 PM 09/07/2018 | Benny Johnson | Reporter At Large

[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.”

[hirn_man]

He blamed Bush for every bad thing that happened for at least 6 years of his presidency and he is going to take credit for everything that Trump does for the next six years.

[ChinaGotTheGoodsOnClinton]

Facts always have bugged Obama.

[JohnEBoy]

I agree.

1. All problems during his administration were Bush’s fault, even to the 8th year.

2. He did not allow business owners, entrepreneurs to take credit for any success, the famous “you didn’t build that”, referring to roads or electric power or other infrastructure used by the business.

3. His administration often said 1 to 2% growth was the new normal, because he never, in 8 years, saw 3%.

4. Pundits everywhere said a Trump victory would cause markets and economies to fail. On election night, the market showed signs of cratering and the pundits said, see, people don’t want Trump. I believe it had more to do with Hillary’s early evening success on election night.

5. His administration monkeyed with (can I say that?) the unemployment numbers trying to down play them. It was so bad that people whose unemployment benefits ran out were not counted.

6. His administration and he, through EO’s, put tremendous red-tape regulations on business, impeding them from improving or hiring … Obamacare being the worst example.

7. I would sure like to know, what exactly is the policy or policies he put in place that has caused this current economic upturn. Seems to me it was a tax break which he, clearly, had nothing to do with.

[XRdsRev]

I guess Obama forgot that real GDP shrunk in the last year of his term....

Real GDP
2015 = 2.9
2016 = 1.5

Source - Statista

[Gene Eric]

Obama conveys despair and misery — reasons not to vote for the Democrat Thug Party.

[Lockbox]

Obama, you didn’t build that!

[Bob434]

trump needs to tweet “Obama blamed Bush for the recession, then turns around and tries to steal credit for a recovering economy under my presidency... apparently he wasn’t capable of accomplishing anything himself, and feels the need to steal credit because of his failed presidency and failed legacy”

The msm will go bananas

[justa-hairyape]

It is much worse than what you see now. In every industry. Every sector. Every institution. The deep state progressive bots have been positioned to thwart any success at all by the non statist types. It has been going on for a few decades. This is why deep states and big states should be banned through out the Galaxy.

[spokeshave2]

The only employment generated by Obambi was govenment employees...all busily writing rules and regulations

And don't forget his war on coal, oil, and manufacturing industries.

(Seems Obambi read Sir Winston Churchill's strategic targets to destroy the Nazis in WWII...target Coal, Oil, Transport and manufacturing industries)

Weanwhile:

President Trump announced plans for more deregulation in the coming year with the release Thursday of the administration’s second regulatory agenda.

At a ceremony in the White House, Trump said the federal agencies beat the goal he set when he took office to cut two rules for every new rule proposed and add no new regulatory costs to the economy.

“Today I’m proud to announce we beat our goal by a lot,” he said. “Instead of adding costs as so many others have done … for the first time in decades, we achieved regulatory savings. Hasn’t happened in many decades. We blew our target out of the water.”

The administration withdrew or delayed 1,579 planned regulatory actions in 2017, according to the semi-annual Unified Regulatory and Deregulatory Agenda published by the White House Office of Management and Budget (OMB) Thursday afternoon. The regulatory agenda acts as a policy blueprint of sorts for federal agencies.

Trump said his administration has eliminated 22 regulations for every one that has been added.

“Instead of eliminating two old regulations for every one new regulation, we have eliminated 22; that’s a big difference,” Trump said. “We aimed for 2 for 1 and in 2017 we hit 22 for 1, and by the way, those regulations that are in place do the job better than all the other regulations and they allow us to build and create jobs and do what we have to do.”

The 22 for 1 count represents 67 deregulatory actions and three regulatory actions agencies made through September, according to Neomi Rao, administrator of the Office of Information and Regulatory Affairs (OIRA).

Rao told reporters that those rules, which included agency guidance and rules repealed by Congress under the Congressional Review Act, are gone and account for $570.4 million in regulatory savings a year.

As for the 1,579 rules that OIRA said agencies withdrew or delayed, Rao said those are a separate batch of rules that are being reconsidered.

[DoughtyOne]

It sure is.

Pretty damned sure I know most of what Obama got away with, the man has some nerve even remaining in our nation.

[Kozy]

Hey Obie you didn’t make this economy so STFU.

[DoughtyOne]

Ditto...

[Amendment10]

Sorry if the following links have already been posted.

The Trump economy is SO GOOD even the Left-wing media has to admit it

The article referenced by the above recent thread contains two videos. The second video, referenced below, is a Tucker Carlson video where Obama sarcastically indicates in June of 2016 that Trump would need a “magic wand” to improve Obama’s economy.

Obama eating crow over Trump Carrier deal?

Patriots, please bear in mind that Pres. Trump is improving the economy regardless that an anti-Trump Congress left over from the lawless Obama Administration is obstructing him. So let’s see what Trump can do with the economy when patriots give him a state sovereignty-respecting, Trump-supporting Congress in the 2018 midterm elections.

[CrappieLuck]

“Hey!, You didn’t build that”

[rockrr]

The mouse turd that roared...

[Ceebass]

When I came into office in 2009 we were losing 800,000 jobs a month.” ////

Which is why we were losing them.

[tet68]

Petty little bastage.

The economy only picked up in the last months of his term
because Business bet on a Republican getting elected.
Had herself been elected we might have seen “Millions of people losing their homes. Many would have watched us enter into a second Great Depression.

Socialism is where blooming economies go to DIE.
More regulation, more TAXES, more division.
Those empty strip malls would have stayed empty!
I’m seeing help wanted signs all over and NEW commercial
construction to meet the needs of NEW residential construction.