That hasn’t stopped President Trump from trying to take credit. He called the economy a disaster during the campaign. Now, he brags about the low unemployment rate, the positive jobs reports, the booming stock market and growth in the gross domestic product. He often attributes the good numbers to the tax bill he pushed through Congress, his deregulatory agenda and growing business confidence under his tenure.
Trump claims that every time he meets a foreign leader, they congratulate him on “the incredible job [he’s] done with the United States economy.” He claimed he’s created the “best economy in U.S. history” nearly 50 times in three months, earning Three Pinocchios in the process.
This boasting has apparently begun to annoy Obama, who argues that Trump is simply surfing off the economy that emerged after the Great Recession — which was going on when Obama took the oath of office.
The White House did not respond to a specific question about Trump’s assertion of an economic turnaround, but an official did provide data making the case that Trump exceeded expectations for the economy at the time of Obama’s departure.
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