President Trump on Monday accused former President Obama of “trying to take credit” for the strong economy.
The president tweeted in response to Obama’s commemorating the 11th anniversary of the American Recovery and Reinvestment Act, “paving the way for more than a decade of economic growth and the longest streak of job creation in American history.”
“He had the WEAKEST recovery since the Great Depression, despite Zero Fed Rate & MASSIVE quantitative easing. NOW, best jobs numbers ever,” Trump responded. “Had to rebuild our military, which was totally depleted. Fed Rate UP, taxes and regulations WAY DOWN.”
The Trump campaign also criticized Obama’s tweet, saying in a statement to Fox News that the economy is recovering because of Trump’s efforts, not Obama’s.
“Obama and Biden orchestrated the worst economic recovery in modern history,” Trump campaign national press secretary Kayleigh McEnany said in the statement. “By contrast, though, deregulating, lowering taxes, and supporting free-market policies, President Trump has created the hottest economy on record.”
Read more at The Hill.