You didn't build that.
Bagster
Posted on 10/22/2018 2:35:25 PM PDT by yesthatjallen
Former President Obama on Monday urged a crowd in Las Vegas to "remember who started" the current economic boom, reminding them that the country recovered from the Great Recession during his presidency.
Obama echoed language from President Trump, who in July claimed his administration unleashed an "economic miracle" with tax cuts legislation.
"When I walked into office ten years ago, we were in the middle of the worst economic crisis of our lifetimes," Obama said at a rally for Nevada Democrats. "By the time I left office, wages were rising, uninsurance rate was falling, poverty was falling, and that’s what I handed off to the next guy."
"So when you hear all this talk about economic miracles right now, remember who started it," he said to thunderous applause and a standing ovation.
The former president in recent weeks has criticized Trump's tendency to take full credit for healthy state of the U.S. economy.
"Six months ago, we unleashed an economic miracle by signing the biggest tax cuts and reforms ... the biggest tax cuts in American history," Trump said at an event in July.
The Associated Press fact-checker called this statement an "exaggeration," pointing out the economy has been expanding for the past ten years.
The tax cuts are also not the largest in U.S. history.
Obama during the Monday rally said economic growth during his presidency could partially be attributed to his administration "making sure the wealthiest Americans, folks like me, paid their fair share of taxes."
Obama has been stumping for Democrats across the country ahead of the November midterms, emerging from his year of relative silence on the Trump administration.
He has been vocal in his criticisms of the president since stepping back into the spotlight.
"Unlike some, I actually try to state facts," Obama said. "I believe in facts. I believe in a fact-based reality, fact-based politics. I don't believe in just making stuff up. I think you should actually say to people what's true."
Trump inherited 1.6% GDP growth and much of the Obama growth was from fracking starting in 2005. When the bottom dropped out of Oil and shale plummeted, the Obama economy was essentially in recession outside the funny money and 0% interest rates...that is a fact.
Was the rally held on a golf course *-?
He is one sick puppy.
you had ONE PERCENT GROWTH n average Odumbass... ONE PERCENT!!!!!
You called it “the new normal” to justify how pitiful it was.
Trump has proved you to be a liar and big government tax and spend commie puke.
Another over the hill dem, begging for a pat on the ass for less than good job. May his reputation rot with Hillary’s.
Small arena. Supposed to hold 3100. Doubt there was an overflow crowd.
I remember...
Community Reinvestment Act - Acorn - Obama - Waters - Frank - et al >>> Recession
And you only ‘walked into’ the worst economy because Nancy Pelosi took over congress for two years and drove things into the crapper
You forgot the BARF alert....That guy is totally out of it.
In Las Vegas, his audience was probably all drunk...the only way to get anyone in their right mind to attend a speech by him or his wife..
That last sentence is a doozy!!!!!
Barry better have a non-extraditable Moslem hidey-hole picked out or sometime soon he’s liable to find himself in a 9x12 bridal suite at GTMO.
“Not a hint of scandal in my Admin”.
The Democrats are reminding people why Trump beat Hillary.
You didn't build that.
Bagster
LOL first he says that Trump is a disaster but then he wants to claim credit for the economy that Trump created..isn’t that adorable, typical commies
TRUMP is the one who started it.
FUØ
FUBO! The economy was bad when you were elected and you made it WORSE!
Well Kenyan it is easy, Trump
The most successful 10 year recovery plan in history! And he engineered it to kick in right after he left office!
"And remember when I said, 'If you like your plan, you can keep your plan'?"
I see Trump is living in Obama’s head rent free. Nice.
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.