President Donald Trump lashed out at former President Barack Obama for claiming that he’s responsible for creating legislation that caused economic booms in both of their administrations.
Just before 11am on monday, Obama tweeted a photo of what appeared to be his signature at the foot of the Recovery Act, a stimulus package passed in February 2009.
“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,” Barack Obama wrote.
And Trump took to Twitter to slam Obama’s claim as a “con job.”
‘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,’ the president tweeted.
‘He had the WEAKEST recovery since the Great Depression, despite Zero Fed Rate & MASSIVE quantitative easing. NOW, best jobs numbers ever,’ Trump claimed.
In a subsequent tweet, Trump decried the economic recovery under Obama as the weakest since the Great Depression of 1929. He also asserted that the US would be in dire financial straits had the Democratic party won the 2016 presidential election.
He wrote: “….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!
The Trump campaign doubled down on their criticisms and told The Hill the economy is recovering purely because of the president’s efforts.
“Obama and Biden orchestrated the worst economic recovery in modern history,” White House Press Secretary Kayleigh McEnany said in a statement on Monday.
“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.”
Despite Trump’s claims, the $787 billion American Recovery and Reinvestment Act sparked the longest period of economic job growth and creation in US history, according to the Hill.