Former President Barack Obama spent 8 years mismanaging the US economy, leaving it in a terrible state, and upon leaving office mocked President Trump by saying “Those jobs are never coming back. What’s he going to do, wave a magic wand?“
President Trump immediately set about working to restore America to its former greatness, reversing every failed Obama-era economic policy, and with it, supercharging the limp Obama economy.
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When Trump entered the Oval Office in January 2017 the unemployment rate was 4.7% — the highest and worst in US history. Gee, thanks Obama. By May 2019 it was down to 3.6%.
But that didn’t stop Barack Obama waking up on Presidents Day and patting himself on the back while shamelessly attempting to take full credit for Trump’s economic recovery.
According to Barack, he is the one responsible for the current booming economy. Talk about rich!
At the end of the day, stone cold facts show that the failed policies of the Obama administration stubbornly refused to work as well for the American people as those of the Trump administration. It’s just the way it is.
Here’s part of the official response, via Fox News:
“President Trump reversed every single failed Obama-era economic policy, and with it, reversed the floundering Obama/Biden economy,” Trump campaign national press secretary Kayleigh McEnany said. “Obama and Biden orchestrated the worst economic recovery in modern history.”
She added: “By contrast, though, deregulating, lowering taxes, and supporting free-market policies, President Trump has created the hottest economy on record, with unemployment hitting generational lows and all-time lows for African Americans, Hispanics, the disabled, veterans and many other hard-working Americans.”
You didn’t think POTUS would miss out on this one, did you? His tweets…