HomeNewsObama And Trump Fights Over Who Boosted America's Economy

Obama And Trump Fights Over Who Boosted America’s Economy

US former President, Barack Obama in a recent tweet took a subtle prod at President Donald Trump, about rebuilding America after the economic crisis of 2007 to 2008.

US former President, Barack Obama in a recent tweet took a subtle prod at President Donald Trump, about rebuilding America after the economic crisis of 2007 to 2008.

US President Donald J. Trump has always boasted about how well he has boosted the US economy, with its current run of stronger markets, and a high record level of employment creation.

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“Despite all of the cynics, I have never been more confident in America’s future,” Trump said at the World Economic Forum in Davos, Switzerland, last month.

Mr Trump said it was the actions he took that stood for the nation’s current state of the economy, while some critics are claiming that most of the deals that happen today were signed into action by former President Obama.

It was not the same for Mr Obama, who got elected into office, as probably the worst economic crisis since the 1930s took place. His very first acts was to draw up a plan to re-establish confidence in the markets and work to prevent further losses.

In a tweet posted on President’s Day, a federal holiday held to mark the birthday of George Washington, Mr Obama said the day marked another important anniversary.

“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,” he wrote.

Mr Obama should have known there was no way President Trump would let such a tweet slide without firing an attack at it to prevent what he has always boasted with.

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Mr Trump quickly responded as one would expect, tweeting: “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 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!”

Just before the time, amid tweets about impeachment, and before moving to the Daytona 500 NASCAR race in Florida, Mr Trump said: “HAPPY PRESIDENT’S DAY!”

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