‘Did you hear the latest con job?’ Trump lashes out at Obama for claiming he’s responsible for creating ‘more than a decade of economic growth’
- On Monday Obama tweeted photo of what appeared to be his signature at the bottom of Recovery Act, a stimulus package signed into law in February 2009
- By Monday evening, Trump lashed out at the former president over the tweet
- ‘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,’ Trump wrote
President Donald Trump lashed out at former President Barack Obama for claiming that he’s responsible for creating legislation that caused economic booms in both of their administrations.
Just before 11am on Monday morning, Obama tweeted a photo of what appeared to be his signature at the bottom of the Recovery Act, a stimulus package that was signed into law in February 2009.
‘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,’ Obama wrote.
On Monday evening, Trump responded to Obama’s claim in two tweets, calling it a ‘con job’.
President Donald Trump lashed out at former President Barack Obama (pictured together in November 2016) for claiming that he’s responsible for creating legislation that caused economic booms in both of their administrations
Just before 11am on Monday morning, Obama tweeted a photo of what appeared to be his signature at the bottom of the 2009 Recovery Act
‘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,’ the president tweeted.
‘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!’ Trump said.
The Recovery Act, also known as the American Recovery and Reinvestment Act, kicked off the longest period of economic growth and job creation in American history.
Since September 2009, GDP growth has been positive every year since then.
Under Obama, it ranged from 1.6 per cent to 2.9 per cent per year. Under Trump it ranged from 2.3 per cent to 2.9 per cent.
On Monday evening, Trump responded to Obama’s claim in two tweets, calling it a ‘con job’
