Obama Complains About Trump Taking Credit for Strong Economy Obama Complains About Trump Taking Credit for Strong Economy – NTK Network

Obama Complains About Trump Taking Credit for Strong Economy

"Republicans are saying it's a miracle. I have to kind of remind them: actually, those job numbers are the same as they were in 2015 and 2016."

By NTK Staff | 09.07.2018 @12:47pm

Former President Barack Obama bashed President Trump for taking credit for the strong American economy during a politically charged speech at the University of Illinois on Friday.

“By the time I left office, household income was near its all-time high, and the uninsured rate had hit an all-time low, and wages were rising, and poverty rates were falling. I mention all this just so when you hear how great the economy is doing right now, let’s just remember when this recovery started,” Obama said to applause from the audience.

“When you hear about this economic miracle that’s been going on – when the job numbers come out … and suddenly Republicans are saying, ‘It’s a miracle!’ I have to kind of remind them: actually, those job numbers are the same as they were in 2015 and 2016,” he added.

Obama’s remarks came on the heels of the August jobs report, which found that the United States created 201,000 new jobs in August.

But it’s not just Trump giving himself credit for the strong economy – economists are as well.

CNBC called the American economy a “tremendous achievement” for Trump, highlighting that “during his time in office, the economy has achieved feats most experts thought impossible. GDP is growing at a 3-percent plus rate. The unemployment rate is near a 50-year low. Meanwhile, the stock market has jumped 27 percent amid a surge in corporate profits.”

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