Congress, with a Democratic majority, passed the 2009 stimulus bill— known as the American Recovery and Reinvestment Act— providing for roughly $800 billion in government spending and tax cuts to jumpstart the economy. Former President Barack Obama signed the Recovery Act that helped to dig us out of an apocalyptic repression that was caused by the previous administration. After Trump took office, he has tried to take credit for the healthy economy that Obama handed his successor. But now, the economy is in the shitter amid a national crisis.
Obama took to Twitter to note the anniversary at the time — which also happened to land on Presidents’ Day.
“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,” Obama tweeted.
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. pic.twitter.com/BmdXrxUAUf
— Barack Obama (@BarackObama) February 17, 2020
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That tweet is going to get under Diaper Donnie’s thin skin.
Dear God this is going to send Trump into a tailspin the likes of which we have never seen. https://t.co/DaLDcEFyHI
— Brian Tyler Cohen (@briantylercohen) February 17, 2020
Trump should be kissing Obama’s ass. Obama inherited recession. Took market from 7,000 to 20,000. Unemployment from 8.3% to 4.6%. Consumer confidence from 25.3 to 107.1. Ended IRAQ war. Crippled ISIS and MS-13. Trump’s trade wars, foreign policy and 1% tax cut threaten stability
— ♻️🇺🇸 Christopher Zullo (@ChrisJZullo) February 17, 2020
Everyone be sure to read this to your trump voting friends. You might have to speak slowly.
— Adam Parkhomenko (@AdamParkhomenko) February 17, 2020
That’s right! President Obama making it clear that the #economy began its record growth on HIS watch. #ObamaWasBetterAtEverything #PresidentsDay2020 https://t.co/WhJi4VvCUT
— Her Royal Fierceness 👑😚 (@TheFierceDiva1) February 17, 2020
Thank you to you and your family. pic.twitter.com/s55n9X2aL7
— BLUEDOG (@trumpanhator2) February 17, 2020
Obama, who inherited a recession, gifted Trump with a healthy economy but the current occupant of the White House turned around and immediately handed a tax cut to the wealthiest, then started a trade war. We’re sure Obama’s tweet will go down really well with Trump (since he’s such a disciplined and even-tempered man). The Red Hats did not take it well at all.
Trump has been rage-tweeting lately, likely because his poll numbers are whithering as twenty-six million Americans have suddenly found themselves without a job.
Featured image via Political Tribune gallery
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