Former President Barack Obama wants Americans to believe the U.S.’s sunny economic outlook is thanks to his administration’s policies. In a speech this week in Chicago, Obama took full credit for President Trump’s record economic numbers.
The notion is so comical that it even prompted Trump official Gary Cohn to laugh out loud during an appearance on the Fox Business Channel this week.
Via Varney and Co.:
Quoting Investors Business Daily, White House Press Secretary Sarah Huckabee Sanders served Obama with the stone cold truth about the ‘Trump Economy,’ on Sunday.
“Donald Trump’s relentless focus on tax cuts, deregulation and draining the swamp is great for job growth… with minorities, women, men and even those with low incomes, showing the best gains.”
"Donald Trump's relentless focus on tax cuts, deregulation and draining the swamp is great for job growth… with minorities, women, men and even those with low incomes, showing the best gains" https://t.co/DpvWtKlCY6
— Kayleigh McEnany 45 Archived (@PressSec45) December 10, 2017
Among other incredible economic metrics, African-Americans and Hispanics are doing better than ever.
“Since the election “the jobless rate for African Americans dropped from 8% to 7.3%, while for Hispanics it fell from 5.7% to 4.7%…and with Trump’s big tax cuts on the way, job growth isn’t likely to end soon -more good news for all Americans.” -Investor’s Business Daily,” tweeted Sanders.
Since the election "the jobless rate for African Americans dropped from 8% to 7.3%, while for Hispanics it fell from 5.7% to 4.7%…and with Trump's big tax cuts on the way, job growth isn't likely to end soon -more good news for all Americans." -Investor's Business Daily
— Kayleigh McEnany 45 Archived (@PressSec45) December 10, 2017
Sanders followed up the statistics with “Can’t make it up: Obama now wants credit for the booming Trump economy. At least we can all agree the economy is better under President Trump.”
Can't make it up: Obama now wants credit for the booming Trump economy. At least we can all agree the economy is better under President Trump.
— Kayleigh McEnany 45 Archived (@PressSec45) December 10, 2017
Few have written as in-depth about Obama’s economic failures as The Gateway Pundit‘s Joe Hoft, whose economic analysis is frequently featured on The Drudge Report.
Barack Obama has the worst GDP growth of any postwar president, writes Hoft.
Barack Obama’s best year of GDP growth was 2.6 in 2015 (a year in which the stock market decreased in value).
2009 — -2.8
2010 — 2.5
2011 — 1.6
2012 — 2.2
2013 — 1.7
2014 — 2.4
2015 — 2.6
2016 — 1.5
President Trump has seen quarterly GDP rates of 1.2, 3.1 and 3.3.
