Obama is a joke and no one is laughing. President Trump and his predecessor got into a Presidents Day spat Monday over who deserved the credit for America’s ongoing economic expansion. “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,” former President Obama tweeted at 10:46 a.m., along with a photo of his John Hancock on the bill. A foolish statement and thought.
But the Trump campaign, in a statement to Fox News, countered that the economy was only booming because Trump dismantled many of Obama’s policies. “President Trump reversed every single failed Obama-era economic policy, and with it, reversed the floundering Obama/Biden economy,” Trump campaign spokeswoman Kayleigh McEnany asserted. “Obama and Biden orchestrated the worst economic recovery in modern history. 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,” she continued.