Obama Mocks Trump's 'Economic
Miracle': Don't Forget When the Recovery Started
President Obama accepted an ethics award from the University of
Illinois in Champaign, IL, Friday before delivering a speech to his audience of
college students. Raised in Chicago, Obama said it "was good to be
home," before making a few local references that delighted the students.
Obama's main objective,
however, was to offer voters a message for the midterms. He did so by
suggesting he and Democrats deserved the credit for the improving jobs numbers.
Republicans in Congress and the Trump team have been promoting the stats. The
U.S. added 201,000 jobs and wage gains increased to 2.9 percent in
August.
Yet,
Obama was eager to rain on the Republicans' parade.
The GOP is promoting
today's "economic miracle," Obama mocked. He asked voters to
"remember when the recovery started." Today's economic numbers
"were the same" in 2015 and 2016, he explained.
Former
President Obama on President Trump:
"He is a symptom, not the cause. He's just capitalizing on resentments that politicians have been fanning for years." pic.twitter.com/UUzo4Sti59
"He is a symptom, not the cause. He's just capitalizing on resentments that politicians have been fanning for years." pic.twitter.com/UUzo4Sti59
"We pulled the
economy out of crisis," Obama insisted.
The former president
did take a few moments to credit Republican President Abraham Lincoln with
ending slavery, and other Republicans for promoting civil rights. But, he used
those examples to contrast with today's Republican Party.
Today's GOP, Obama
said, have tamped down minority votes with voter ID laws, "embraced wild
conspiracy theories" like those surrounding Benghazi, his birth
certificate, they have "rejected science" on climate change, ignored
deficits, took away Americans' health care and are "cozying up to
Russia."
"None of this is conservative," Obama said. This is
not what Lincoln had in mind, I think, when he formed the Republican Party.
It's "radical."
Obama put it all in
context with November's midterms, which he called the most important in his
lifetime. He admitted he has said that before, but this time is different.
"What happened to
the Republican Party?" Obama asked. "This is not normal."
OBAMA’S CRONY BANKSTERISM destroyed a 11 TRILLION
DOLLARS in home equity… and they’re still plundering us!
Barack Obama created
more debt for the middle class than any president in US
history, and also
had the only huge QE programs: $4.2 Trillion.
OXFAM reported that during Obama’s
terms, 95% of the wealth created went to the top 1% of the world’s wealthy.
INCOME PLUMMETS UNDER OBAMA AND HIS WALL STREET CRONIES
collapse of household income in the US…
STILL BILLIONS IN WELFARE HANDED TO ILLEGALS… they already get our jobs and are
voting for more!
THE INVITED INVADING HORDES: IT’S
ALL ABOUT KEEPING WAGES DEPRESSED!
"In the decade following the
financial crisis of 2007-2008, the capitalist class has delivered powerful
blows to the social position of the working class. As a result, the working
class in the US, the world’s “richest country,” faces levels of economic
hardship not seen since the 1930s."
"Inequality has reached
unprecedented levels: the wealth of America’s three richest people now
equals the net worth of the poorest half of the US population."
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