Trump’s economy is what Obama always wanted but never got
by Washington Examiner
| February 21, 2020 12:00 AM
When Barack Obama secured the Democratic presidential nomination in 2008, he famously declared, “We will be able to look back and tell our children that this was the moment when we began to provide ... good jobs to the jobless; this was the moment when the rise of the oceans began to slow and our planet began to heal.â€
Looking back with 2020 hindsight (pun intended), Obama and everyone else in 2008 would be surprised to learn that significant improvements in the economy, inequality, and emissions would occur but that the public would credit them not to Obama’s eight-year tenure but to Donald Trump’s victory on Nov. 8, 2016.
On Monday, Obama took a not-so-subtle swipe at the Trump economy, crediting the 2009 Recovery Act for “paving the way for more than a decade of economic growth and the longest streak of job creation in American history.†In a timely coincidence, the White House Council of Economic Advisers released the annual Economic Report of the President on Thursday.
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