Obama Takes a Subtle Presidents Day Jab at Trump’s Best Argument for 2020; Here’s What Trump Had to Say
By Washington Examiner. Goodwill between presidents took a back seat on Presidents Day 2020.
Former President Barack Obama appeared to take a rare political jab at his successor in a tweet Monday that cast aspersions on President Trump’s claims that he deserves credit for recent economic gains, a key reelection platform for the 45th president. . .
The tweet was a rare swipe at Trump by Obama, who has largely stayed out of the 2020 election cycle. Obama has yet to endorse any candidate seeking the Democratic presidential nomination, but his input about the economy nonetheless provides ammo to the entire field as they seek to counter Trump’s 2020 campaign, which has been touting record economic growth in the face of controversies such as the Russia investigation and impeachment.
During the Great Recession, which began under President George W. Bush, the unemployment rate surged and peaked at around 10% in 2010 before it began a steady fall under Obama. The downward trend has continued under Trump. The unemployment rate as of January sits at a low 3.6%, with 225,000 new jobs added that month.
Trump often touts the low unemployment numbers while on the campaign trail, but Democrats and other critics have pointed out that the decline in unemployment started while Obama was president. (Read more from “Obama Takes a Subtle Presidents Day Jab at Trump’s Best Argument for 2020” HERE)
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Obama Attempts to Take Credit for Current Economy, Here’s What Trump Had to Say
By Daily Wire. President Donald Trump responded to former President Barack Obama trying to take credit for America’s booming economy on Monday by calling him a con artist. . .
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
….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
The Wall Street Journal asked 68 economists who was responsible for the booming economy and the economists suggested that it was “President Trump, and not Obama, who should be taking a bow.” . . .
The unemployment rates for blacks, Hispanics, and Asians have all hit all-time record lows under the Trump administration and more than 6.2 million Americans have been lifted off of food stamps.
“The surge of minority women getting jobs has helped push the U.S. workforce across a historic threshold. For the first time, most new hires of prime working age (25 to 54) are people of color, according to a Washington Post analysis of data the Labor Department began collecting in the 1970s,” The Washington Post reported. “Minority hires overtook white hires last year. Women are predominantly driving this trend, which is so powerful that even many women who weren’t thinking about working — because they were in school, caring for kids or at home for other reasons — are being lured into employment, according to The Post’s analysis.” (Read more from “Obama Attempts to Take Credit for Current Economy, Here’s What Trump Had to Say” HERE)
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