Former President Barack Obama tweeted commemorating the anniversary of the Recovery Act, but current President Donald Trump took offence to the tweet and accused Obama of trying to take credit for the economic growth that followed the act.
Obama’s tweet read, “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.”
Trump took to Twitter to attack his predecessor, saying, “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!”
Experts refute both claims. Although the economy has progressed under Trump’s presidency, the progress began under Obama’s. Economists say that giving credit to either president over the other is unfair.
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