Thursday, December 6, 2018

Obama's Trump Economy Credit Taking

Former president Barack Obama recently continued his series of public broadsides against his successor, President Donald Trump.

On one hand, Obama seems to believe that he, rather than Trump, should be credited with the current economic boom and the emergence of the United States as the world's largest energy producer.

Apparently, Obama believes that all of Trump's successes are due to Obama, and all of Trump's setbacks are his own.

Obama certainly forgets the old rule: Presidents, fairly or not, get both credit and blame for everything that happens on their watch, from Day One to the last hour of their tenures - even when wars abroad, technological breakthroughs, natural disasters, and market collapses have nothing to do with their governance.

As late as last year, Larry Summers, director of the National Economic Council for two years during the Obama administration, ridiculed Trump's boasts that he could achieve annualized GDP growth of 3 percent as the stuff of "Tooth fairies and ludicrous supply-side economics."

Obama still seeks to convince the country that Trump is "Unfit" to be president.

After the recent passing of George H. W. Bush, there are now four living ex-presidents: Carter, Clinton, George W. Bush, and Obama.

https://www.nationalreview.com/2018/12/obama-takes-credit-for-trump-economy/

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