WhatsNew2Day
Latest News And Breaking Headlines

Trump lashes out at Obama because he claims he is responsible for creating a decade of economic growth

“Have you heard the latest scam?” Trump lashes out at Obama because he claims he is responsible for “more than a decade of economic growth”

  • On Monday, Obama tweets the photo of what appeared to be his signature at the bottom of the Recovery Act, an incentive package that was transposed into law in February 2009
  • Trump lashed out the former president through the tweet by Monday evening
  • “Have you heard the last scam? President Obama is now trying to get recognition for the economic boom taking place under the Trump government, “wrote Trump

President Donald Trump lashed out at former President Barack Obama because he claimed to be responsible for creating legislation that caused economic prosperity in both governments.

Just before 11 a.m. on Monday morning, Obama tweeted a photo of what appeared to be his signature under the Recovery Act, an incentive package signed by law in February 2009.

“Eleven years ago today, almost at 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 series of jobs created in American history,” Obama wrote .

On Monday evening, Trump responded to Obama’s claim in two tweets and called it a “scam.”

President Donald Trump lashed out at former President Barack Obama (pictured together in November 2016) because he claims he is responsible for creating legislation that caused economic prosperity in both governments

President Donald Trump lashed out at former President Barack Obama (pictured together in November 2016) because he claims he is responsible for creating legislation that has caused economic prosperity in both governments

Just before 11 a.m. on Monday morning, Obama tweeted a picture of what appeared to be his signature under the Recovery Act 2009

Just before 11 a.m. on Monday morning, Obama tweeted a picture of what appeared to be his signature under the Recovery Act 2009

Just before 11 a.m. on Monday morning, Obama tweeted a picture of what appeared to be his signature under the Recovery Act 2009

“Have you heard the last scam? President Obama is now trying to get credit for the economic boom that is taking place under the Trump government, “tweeted the president.

“He had the WEAKEST recovery since the Great Depression, despite Zero Fed Rate & MASSIVE quantitative easing. NOW, best job numbers ever.

“Had to rebuild our army, which was completely empty. Fed Rate UP, taxes and regulations WAY DOWN. If Dems were to win in 2016, the US would now face major economic (depression?) And military problems. THE BEST HAS YET TO COME. KEEP AMERICA GREAT! “Trump said.

The Recovery Act, also known as the American Recovery and Reinvestment Act, has triggered 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 this varied from 1.6 percent to 2.9 percent per year. Under Trump it ranged from 2.3 percent to 2.9 percent.

On Monday evening, Trump responded to Obama’s claim in two tweets and called it a “scam”

.