As reported by TheHill
President Trump on Monday accused former President Obama of “trying to take credit” for the strong economy.
The president tweeted in response to Obama’s commemorating the 11th anniversary of the American Recovery and Reinvestment Act, “paving the way for more than a decade of economic growth and the longest streak of job creation in American history.”
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
“He had the WEAKEST recovery since the Great Depression, despite Zero Fed Rate & MASSIVE quantitative easing. NOW, best jobs numbers ever,” Trump responded. “Had to rebuild our military, which was totally depleted. Fed Rate UP, taxes and regulations WAY DOWN.”
….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 Trump campaign also criticized Obama’s tweet, saying in a statement to The Hill that the economy is recovering because of Trump’s efforts, not Obama’s.
“Obama and Biden orchestrated the worst economic recovery in modern history,” Trump campaign national press secretary Kayleigh McEnany said in the statement. “By contrast, though, deregulating, lowering taxes, and supporting free-market policies, President Trump has created the hottest economy on record.”
McEnany added that “it’s no wonder Democrats seek to take credit for the Trump economy after eight years of betraying blue-collar workers and inflicting pain upon the middle class as Americans everywhere suffered.”