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."
And why would we want to put the same people back in charge who wrecked the economy and gave us the disaster called Obamacare?
No indication how large this "crowd" was.
It must have been small otherwise it would have been described as a 'huge rally'.
Zero’s feces level must be over his head by now. He’s full up.
At UNLV - captive Rat crowd. The only place Democrats are guaranteed to get people to show up.
This from the narcissistic tool who blamed Bush for all the economic woes for his 8 freakin years. Everything bad when he was wasting space at the White House was the previous president’s fault. Everything good now is because he made it that way. Good Lord...his self-obsession truly knows no bounds.
Hey Obama, you didn’t build that!
Obama he a good plan. It was slow but it worked. Play golf and vacation for 8 years. Think of it as an economic stimulus with our tax dollars. All those caddies, and greens keepers getting rich. Eventually the wealth trickled down to the rest of us. Much more effective than cutting regulation and taxes, just a little slower.
MAXIMUM CAPACITY!!
It is hard to figure who I absolutely hate more between Clinton or Obama.
What was it Hussein said — something about a “magic wand”? Something about jobs — “they’re never coming back”?
I hate that creature.
‘remember who started it’
More like .. ‘remember who started shit’
The Kenyan muslim communist couldn’t find his pecker without ValJar telling him where to look.
What a dope.
A complete, classless, stumblebum dope.
Remember that the Fed was so worried about the economy tanking that they had three bailouts, setting interest rates negative and buying 4 trillion dollars of US bonds. The congress passed several huge budgets. This was not just right after the 2008 crash but throughout the Obama presidency. Even at the very last quarter of the Obama presidency the Fed said it was “Accommodating” in its interest rates and balance sheet. So the Fed never once felt that Obama’s economy would last without training wheels.
Obama does not get credit for a good economy. The Fed made it happen. But once Trump came in. The Fed not only raised interest rates, they started selling off its balance sheet too. And they said that they are no longer accommodating. Trump’s economy stands on its own two feet. In fact, according to the Fed, it needs to be reigned in.
Yeah Obama, I will never forget the one president who did more personal harm to me and my family and my country than any other in my 55 years.
Step off you Satanic demon.
I truly believe that he should be hanged.
Hey Bambi,
How many times did you just go print some more money to cover your a**?
FU Hussein the Moooslim
OBAMA IS LIKE A MAN WHO COULD NOT OPEN A JAR FOR 8 YEARS, AND WHEN TRUMP OPENS IT HE SAYS “I LOOSENED IT FOR YOU”
Every part of the Fraud’s life is a lie.
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