Opinion | Obama and Biden can’t take credit for the soaring Trump economy

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Opinion: What Biden gets wrong about the Trump economy

President Trump tours the Cameron LNG export facility on May 14 in Hackberry, La. By Andy Puzder May 23 at 4:02 PM Andy Puzder is the former chief executive of CKE Restaurants and the author of “The Capitalist Comeback.”

For example, soon after Trump took office in January 2017 and the administration forecast 3 percent growth in gross domestic product , former Obama administration economist Lee Branstetter said it was “essentially mathematically impossible to get the growth they’re talking about." A few weeks later, Jason Furman — a former chairman of President Barack Obama’s Council of Economic Advisers — predicted a decade of GDP growth “around 2 percent a year.

Before the tax cuts were passed, Nancy Pelosi predicted “Armageddon.” But, one year later, as GDP growth soared, unemployment declined to a 50-year low and working-class wages increased at the fastest rate in a decade, the best the Democrats could do was claim the tax cuts were a “sugar high” and that, rather than a 2018 economic collapse, America faced a 2019 recession.

With employers in the Trump era competing for workers to fill plentiful job openings, the country in April experienced its ninth straight month of wage growth at or above 3 percent. A recent survey of economists found that nearly 70 percent expected even faster wage growth over the coming year.

 

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Tell me ONE thing Trump has done to improve the economy. (No, easing regulations for companies to rake in more dough is NOT improving Economy!) Create jobs? How? He's lowered unemployment only because more people need to work two jobs!! HE'S DONE NOTHING except foster hate!

The recovery slowly get better in 2009. 2016 this lying bastard blohard vomes in and he takes credit. Slow and easy and patient was obama approach. Trumps approach make economy fantastic for my 4 years and leave the debt to next person elected.

AndyPuzder has no credibility. Another trumpsucking wife-beater

Like our spouse saying “Great news honey, I booked us on a fabulous, first class vacation! Only $16k, so instead of $50k in credit card debt, now we owe $66k”. Enjoy the ride, our Federal debt crisis is waiting for us.

Kink of like Bush’s boomingeconomy, carrying 2 wars of ythe books and expanding deficits to make up for the money lost due to the tax cuts that are not paying for themselves

The economy was in collapse when Obama started his first term. He took swift and decisive action to revive it. He rescued the auto industry, stopped the stock market bleed, reversed the lay-off of employees and saw hirings go up again. He handed off a healthy economy to Trump.

Biden is too dumb

Podem levar crédito.

Yes. Trump really turned around the economy.

Wtf. This is the 3rd pro Trump Opinion.

Wash post also Belive trump invented the wheel. 🙄

Obama's economy was propped up by the trillions the fed pumped into wall street over several years and more deficit spending and nothing more.

it is not rosy for everybody

That’s it Fake News. Keep propagating the false narrative that any one president can “take credit” for a camera flash of our economic cycle, aside from micro-failures like egregious deregulation and 0 UPSIDE TAX SPENDING. No wonder actual economists want to punch you in the face.

Trump’s economy is so hot that taxpayers need to give $28 billion so the farming industry doesn’t collapse.

Trump is a liar,Obama’s economy

I think these opinion snipers are getting toting. The WP opinion is anything but fair and balanced. To bad reputation is everything and this individual is twisted.

Biden is right

Obama is absolutely responsible for the strong economy. The tax cuts have only caused stock buybacks

What's with WAPO? 3 crazy bad tweets in a row. If it keeps up, will have to unfollow and mute them.

Trump can't take credit for anything but the economy he inherited on January of 2017. He was handed a growing, strong economy w/ low unemployment. Trends were all up for the good. Trends were down on unemployment & deficit. Most of what Trump did to impact economy had high price.

DEFICIT IS AT AN ALL TIME HIGH

The narrative of taking more debt

Which trump sycophant assclown wrote this propaganda? Does Jeff Bezos know this is going on?

Was the Washington Post recently sold? What the hell is with all these ridiculous articles recently?

Andy still trying to get a job in this admin

They are starting to change their tune? Because TRUMP AUTHORIZED DECLASS! They know what is coming

He inherited the up swing. Now he's trying to undo that too with the hugely unmanageable debt his tax breaks to his fellow fat cats have created. Our children and grandchildren will be paying for his trickle down folly.

How much credit can any president really take for an economy? The Uk has a good economy too, as do other countries. So is trump responsible for those as well? I’m sure trumps tax cut and deregulation helped give it a boost, but were those sensible things to do?

Biden knew that President Trump converted to Jewish faith 2017.

WP is a liberal rag.

He gets nothing wrong about the Trump economy.

Right. Because us dumb Americans are too stupid to care that we have Concentration Camps for Kids now and an actual traitor and felon sitting in the Oval Office, so long as the Dow is up. I'm looking forward to the Committee's analysis of the Trump bank records obtained today.

washingtopost bringing opinions more and more from conservatives and republicans, time to cancel subscriptions for the ones not having it done yet. washingtopost was leading in uncovering Nixon, but with trump their failing and turning side more and more. from news to propaganda.

WaPo opinion piece alert!

Andy Puzder, seriously?

Written by Andy Puzder, corporate putz and rejected Trump Labor Secretary nominee. Republican apparatchik.

Take a look at the data stretching back to 2010 and tell me this isn't a continuation of the Obama Recovery. Why does WaPo allow such garbage? It's fine for someone to state their opinion. But why should they be given such a platform to spread lies?

Biden gets everything wrong, darlings. This is why Democrats will lose next year...🤣 MAGA2020

Opinions differ and in my opinion remembering 2008 is that it is a hell of a lot easier continue a recovery than to start one.

Just Because they implemented the Policies. No reason to take Crefit🐗💩OBAMA BAILED OUT THE S.O.B that crashed the Economy. Then you gave them Tacmx breaks: THEY OWE AMERICA MONEY; So does Automotive. Obama had lowest number Border Crossings. Haven’t you learned; Can’t Win;LYING

Poo poo caca caca analysis. Don't bother reading.

I guess anyone can write an Op-Ed for WaPo these days. Time to unfollow.

Remember when this writer was nominated for Labor Secretary and dropped out because he was too stupid?

I'm a farmer who voted for Clinton. Get out of your bubble. It's not soaring.

Real quick...what’s our Nation’s Deficit number now? So, like, we’re living-on-maxed-out-credit-cards wealthy.

Biden gets wrong about everything.

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