Liberals can deny all they want, the economy is thriving under President Trump. The numbers don’t lie!
Kevin Hassett, who runs the president’s Council of Economic Advisors, met with reporters for the second time in a week to press the case that Trump’s tax cuts and crucial policies have fostered a boom.
President Obama has been taking credit for the historically good economic numbers that are occurring under the Trump administration in a series of speeches around the country. At a speech at the University of Illinois, Obama scoffed at claims that some of the greatest economic numbers in American history are occurring under Trump’s administration, according to Daily Caller.
“When you hear how great the economy is doing right now, let’s just remember when this recovery started,” Obama said. “I’m glad it’s continued but when you hear about this economic miracle that’s been going on, when the job numbers come out, monthly job numbers, suddenly Republicans are saying ‘It’s a miracle.’ I have to remind them — actually, those job numbers are the same as they were in 2015 and 2016.”
In The Last Quarter Of 2016, The U.S. Economy Grew At Its Slowest Pace Since 2011. “The U.S. economy grew at an annual rate of 1.6% in 2016, the Commerce Department reported Friday. In the last three months of the year — between October and December — the economy grew at an annual rate of 1.9%. It’s the slowest pace of growth since 2011.” (Patrick Gillespie, “Still Slow: U.S. Economy Grew 1.6% In 2016,” CNN, 1/27/17)
President Obama Is The First President Since Hoover To Not Have At Least One Year Of At Least 3 Percent GDP Growth. “Every president since then has seen at least one calendar year with annual GDP growth of at least 3 percent or higher. The best average growth in a single calendar year under Obama is 2.6 percent in 2015, and never 3 percent or more. No president has experienced that since Hoover.” (Joshua Gillin, “Trump’s Claim About Weak Economic Growth Under President Obama Doesn’t Tell The Full Story,” Politifact, 10/31/16)
If Trump is doing such a bad job steering the U.S. Economy then why does Obama keep trying to steal credit for it? Let us know what you think in the comments below.