Barack Obama trashed President Trump today in his public speech in Chicago, Illinois.
Obama forgot to talk about the murder rate in the city for the past ten years.
Obama claimed the Trump economic miracle was his doing.
Then Obama claimed his policies brought about several economic successes.
So we worked hard to end that crisis but also to break some of these longer term trends. The actions we took during that crisis returned the economy to healthy growth and initiated the longest streak of job creation on record. And we covered another 20 million Americans with health insurance and cut our deficits by more than half, partly by making sure that people like me who have been given such amazing opportunities by this country pay our fair share of taxes to help folks coming up behind me.
And by the time I left office, household income was near its all-time high, and the uninsured rate hit an all-time low, poverty rates were falling. I mention this just so when you hear how great the economy is doing right now, let’s just remember when this recovery started. I’m glad it’s continued, but when you hear about this economic miracle that’s been going on, when the job numbers come out, monthly job numbers and suddenly Republicans are saying it’s a miracle, I have to kind of remind them, actually, those job numbers are the same as they were in 2015 and 2016 and — anyway. I digress.
Just those two paragraphs were riddled with lies.
Let’s break them down.
1.) The crisis returned the economy to healthy growth.
Truth: Obama was the first president in history to not have a single year of 3.0% GDP growth.
2.) We covered another 20 million Americans with health insurance.
Truth: Obamacare covered 21 million but 28 million Americans remained uninsured. It was a failed government boondoggle that ruined US health industry.
3.) We cut our deficits by half.
Truth: The last Bush deficit was over $400 billion. Obama immediately increased the deficit by a trillion dollars. It was at $600 billion when he left office.
4.) Job numbers are the same.
Truth: Manufacturing jobs are up by 400,000 under President Trump. Obama lost 303,000 manufacturing jobs as president.
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