PDA

View Full Version : Trump’s reversal of failed Obama policies has created a booming economy



jimnyc
11-01-2018, 10:17 AM
Interesting, and just a few short days ago, Obama was taking credit for our booming economy. :rolleyes:

---

Trump’s reversal of failed Obama policies has created a booming economy

How can you tell whether the economy is truly surging under President Trump? Just listen as the Democrats try to take at least some credit for the current economic boom.

For example, President Obama pleads with us to “remember who started” this economic boom. Former Obama administration economist Austin Goolsby attempts to credit both presidents, claiming that Obama handed Trump “some of the best economic conditions for a new president in a half century.”

Let’s be clear: The economy is booming because President Trump reversed President Obama’s economic policies – not because Trump furthered the Obama policies.

President Obama raised taxes on businesses and individuals. He expanded the federal government’s size and power through dramatic increases in the number and scope of federal regulations. He discouraged domestic energy production – for example, refusing to authorize the Keystone XL pipeline and openly attempting to bankrupt the coal industry.

The economy is now booming because President Trump took the opposite course. President Trump has dramatically cut both taxes and regulations – shrinking the government’s size and power – while aggressively encouraging domestic energy production.

It was Hillary Clinton – not Donald Trump – who committed to continue the Obama’s economic policies. Had Clinton become president, we would be experiencing the same anemic economic growth we experienced under the Obama administration.

Rest - https://www.foxnews.com/opinion/trumps-reversal-of-failed-obama-policies-has-created-a-booming-economy