Joe.My.God. LGBT News
The Washington Post reports:
On Monday, former president Barack Obama commemorated the 11th anniversary of the American Recovery and Reinvestment Act, the $800 billion stimulus, with a tweet, boasting that it paved “the way for more than a decade of economic growth and the longest streak of job creation in American history.”
Obama’s tweet did not sit well with President Trump, who brags constantly about being responsible for the “greatest economy in the history of our country” and has touted economic growth as a main talking point in his bid for reelection.
Eleven 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. pic.twitter.com/BmdXrxUAUf
— Barack Obama (@BarackObama) February 17, 2020
Did you hear the latest con job? President Obama is now trying to take credit for the Economic Boom taking place under the Trump Administration. He had the WEAKEST recovery since the Great Depression, despite Zero Fed Rate & MASSIVE quantitative easing. NOW, best jobs numbers….
— Donald J. Trump (@realDonaldTrump) February 17, 2020
….ever. Had to rebuild our military, which was totally depleted. Fed Rate UP, taxes and regulations WAY DOWN. If Dems won in 2016, the USA would be in big economic (Depression?) & military trouble right now. THE BEST IS YET TO COME. KEEP AMERICA GREAT!
— Donald J. Trump (@realDonaldTrump) February 17, 2020
Trump attacked Obama on President’s Day, because Trump’s jealous Obama was a better and more popular president.
— Scott Dworkin (@funder) February 18, 2020
New Trump talking point: although the economy grew faster under Obama and more jobs were created, all this was paid for by debt: almost $9 billion in 8 years. But Trump has added $3 billion more in 2 1/2 years pic.twitter.com/6MAQZOQCJq
— David Frum (@davidfrum) February 18, 2020
Here’s White House trade adviser Peter Navarro insisting that the economy was bad during the Obama years, even as CNN host Poppy Harlow displays numbers showing that growth was stronger then than it has been under Trump pic.twitter.com/6EhYABIUz3
— Aaron Rupar (@atrupar) February 18, 2020
Economic expansion began in 2010.
More jobs created in the last three years of the @BarackObama admin than the first three or the Trump Administration. Obama took unemployment from 10.2 to 4.7. It’s 3.6 today. #Inconvenientruths https://t.co/1WdzKIiAjp— David Axelrod (@davidaxelrod) February 18, 2020
Change in monthly job growth
Obama: +969,000 jobs
Trump: +40,000 jobsChange in Unemployment
Obama: -53%
Trump: -23%Change in Deficit
Obama: -$747 Billion
Trump: +319 billionChange in Tone
Obama: Took responsibility
Trump: Passes the buck https://t.co/6kkwDBfRTI— Keith Boykin (@keithboykin) February 18, 2020
Things Obama did and Trump didn’t:
– won over 50 percent of vote (twice)
– rescue economy
– initiate longest stretch of job growth in history (still going)
– extend health care to 20 million Americans
– set example for our children we can be proud of
– respected around world https://t.co/wwzFxAP8BB— Ben Rhodes (@brhodes) February 18, 2020