Failed Ex-Prez Obama launches vicious attack against Trump and takes credit for booming economy via Geller Report
On Friday, former President Barack Hussein Obama was in Chicago, accepting an award for ethics in government. An interesting award to be given to perhaps the most unethical president in decades. Barack Obama reminded everyone why he was an awful President and a great conman. The speech was typical Obama: angry, divisive, and dishonest. Obama expressed his contempt for conservatism, contempt for Trump and his supporters, and contempt for America. Obama showed that he was truly an anti-American President. Obama is furious that much of his anti-American legacy have been shredded by the pro-America President Trump.
Obama had the audacity to take credit for America’s booming economy, knowing full well that his detestable allies in the news media would support every lie that came out of his mouth. Prior to Trump being elected, Obama mocked Trump’s economic plan. At a town hall, Obama stated that “some of those jobs of the past are not coming back” and when “somebody says (Trump) that he is going to bring all of these jobs back, how exactly you are going to do that? What magic wand to you have?”
Under President Obama, the United States economy did not achieve one year of 3 percent growth or higher, marking the first time since the Great Depression that the U.S economy experienced such negligible growth. Obama’s defenders will point out that the Obama economy produced 226,000 jobs per month in 2015, and 195,000 job in 2017. However, under Obama, underemployment was rampant. Wages were stagnant, while the American labor force shrunk. Many of the jobs that were being produced by the Obama economy were not good ones, which would explain why 43 million Americans were on food stamps during the final years of Obama’s presidency. Close to 70,000 factories closed down during Obama’s (and George W. Bush’s) presidency. According to federal labor statistics, there were nearly five million fewer manufacturing jobs when Obama left office than there were when Bush 43 entered office.
President Obama allowed China and Mexico to strip the U.S of its manufacturing sector, which was once the envy of the world, and the backbone of the U.S economy. Obama did not have the ability, intelligence, or courage to protect the American worker. Obama allowed one-sided and awful trade deals to enrich China, Mexico, and the EU, at the expense of the American taxpayer, resulting in nightmarish trade deficits. President Obama also doubled the national debt in his eight disastrous years in office.
Fast forward two years, and America’s economy is booming, thanks to President Trump. Factories are opening and manufacturing jobs are coming back at a remarkable pace. Wages are also finally starting to increase. America’s economic boom is occurring due to the minimized regulation of the Trump economy, along with Trump’s pro-business tax cuts. In addition, Trump has put the world on notice that he will not tolerate a scenario of American industries being fleeced in one-sided trade deals.
Read more at Geller Report