Posted on 02/21/2020 9:38:35 AM PST by blam
Top White House economic adviser Larry Kudlow responded on Friday to former President Obama's tweet, which credited his administration with "paving the way for more than a decade of economic growth."
Obama tweeted on Presidents Day: "[11] years ago today, near the bottom of the worst recession in generations, I signed the Recovery Act, paving the way for more than a decade of economic growth and the longest streak of job creation in American history."
Kudlow responded, saying he didn't want to "knock Obama," and that he likes the positives more than the negatives, but "coming off a very deep recession like that [in 2008 when Obama was elected], we shouldn't have had 2-percent-or-less growth, which is what that administration produced. We should have had 8 [percent] or 10 percent growth."
Kudlow blamed the Obama administration's slow growth and weak recovery on high spending, strict regulatory measures and higher tax policies.
"The antidote to poverty is growth. The antidote to income inequality is opportunity," he said, adding that roughly 10 million people have come off food stamps and welfare over the past three years. He added: "With all respect to President Obama, we are eclipsing him in almost every area."
He defended President Trump's work trying to help the U.S. economy recover from more than eight years of slow or no growth, adding that "in the three years of the Trump recovery," the country has seen significant economic stability, job growth and a decrease in unemployment numbers.
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(Excerpt) Read more at foxbusiness.com ...
Well, at least he did not refer to the object in the center of the galaxy.
When Kudlow said President Obama, Chris Matthews got a thrill up his leg.
this is the true driver of all the Trump hate...the media and the white guilt liberals cant stand that the President is destroying what legacy obama left behind. AHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHH
Almost every area? The only category I can think of where Trump will fall short is in the use of “I’s, me” and my’s”; otherwise he kicks his jug-eared, moron POS on a daily basis.
Well, Trump changed my mind about Buchanan, so it is possible I will see Craplow in a good light one day.
Every rosy forecast during his 8 years was always “unexpectedly” revised down.
It seems that every one trump has is downplayed and “unexpectedly” revised upward...
The new “racist” is “white supremacist” don’t ya know?
Larry is correct...
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