In rare move Friday afternoon, mostly left-wing CNN host Jake Tapper suggested that President Donald Trump deserves more credit for the booming economy.
“The money lead. A double shot of winning for President Trump, as he banks on strong economic numbers today to help him win re-election next year,” he said on “The Lead with Jake Tapper.” “Just moments ago, the Dow finished up almost 200 points. That on the heels of today’s huge jobs report, showing the unemployment rate is down to 3.6%, the lowest in nearly 50 years, since December 1969.”
And then came the stunning movement that Tapper finally indirectly admitted the truth: “Does the president get enough credit for the economy? It really is doing astoundingly well,” he asked.
The answer to that question is probably no. Too many congressional Democrats and media pundits have falsely insisted that former President Barack Hussein Obama deserves the credit.
Hey @realDonaldTrump. YOU didn’t start the economy doing well. The jobs rebound and stock market explosion both began under @BarackObama. Stop taking credit for stuff you didn’t do. He handed you an economy on the rebound. YOU be thankful for that! https://t.co/evkeKETSoJ
— rolandsmartin (@rolandsmartin) November 23, 2017
Trump opens his remarks by once again taking credit for Barack Obama’s economy. Not a great start.
— Joy Reid (@JoyAnnReid) August 14, 2017
Here’s why Biden’s bid will be impactful to voters: He’s the ONLY nominee who can take credit for the current successful economy. He & Obama SAVED this country from fiscal collapse. He should pound that accomplishment every day (PLUS Obamacare) & take credit for where we are now!
— Lisa Guerrero ?? (@4lisaguerrero) April 25, 2019
What have to you done besides golfing, putting Congresswoman Omar and people of the press life in danger, oh and taking credit for Obama’s work on the economy.
— David Weissman (@davidmweissman) April 15, 2019
Keep in mind that Obama hasn’t been president for over 800 days, that Obama presided over the slowest economy recovery in American history and that Obama had once promised that manufacturing jobs “are just not going to come back.” FYI, manufacturing jobs are booming.
Despite this, even Obama thinks he deserves the credit.
“So when you hear how the economy is doing right now, let’s just remember when this recovery started,” he said last year during a speech at the University of Illinois.
“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 – suddenly Republicans are saying it’s a miracle. I have to kind of remind them those job numbers are the same as they were in 2015 and 2016.”
But as Investor’s Business Daily noted at the time, he was wrong.
“The rate of GDP growth was decelerating in Obama’s last year. It went from 2.3% in Q2, to 1.9% in Q3 to 1.8% in Q4 of 2016. Under Trump, GDP growth has averaged 2.9%. It was 4.2% last quarter and might be higher in the current one,” the paper’s editorial board wrote.
“The stock market also was stuck in neutral the year before the November 2016 elections. The Dow is up by some 45% since then. Real median family income didn’t budge from August 2015 to November 2016, according to Sentier Research. It’s up more than 4% since Trump came into office. Wages are on the upswing. In Obama’s last year, unemployment rate remained basically unchanged — it was 4.9% in Jan 2016, and 4.8% when Trump took office in Jan. 2017. Now it’s down to 3.9%.”
You get the picture.
With that out of the way, the question then becomes — why hasn’t Trump received the credit he clearly deserves for the GDP, wages and unemployment gains his policies have engendered?
According to Tapper’s guests Friday on CNN, Trump is definitely to blame for THAT.
Listen to the full discussion below:
“If he’s not getting the sufficient credit for the economy, it’s a lot of it because he steps on his own message,” Seung Min Kim of The Washington Post claimed.
“Today’s a perfect example of that,” she added, taking issue with the president’s decision to phone Russian President Vladimir Putin out of the blue. “White House aides were blanketing TV all day today, scheduled to talk about economic numbers they knew were coming out today, because they always come out on the first Friday of the month. … The president always steps on his own message.”
“He was feeling really good this morning about where things are going, about the Mueller report being done. He talked to Putin and then everything went out the window.”
Some would argue that “everything went out the window” because the media chose to focus their attention on and obsess over the president’s innocuous call versus the economy.
During a briefing held that afternoon with the press, the media’s so-called “reporters” couldn’t help themselves from peppering Trump with meaningless questions about the call, much to his annoyance.
The media likewise published countless reports about the call:
“As it was during the campaign, as it was in Helsinki, as it’s been all along, President Trump simply cannot bring himself to confront Vladimir Putin.”
— CNN (@CNN) May 4, 2019
— All In w/Chris Hayes (@allinwithchris) May 4, 2019
President Trump and President Putin spoke for more than an hour today, discussing the Mueller report, as well as nuclear issues, White House says – @KellyO
— MSNBC (@MSNBC) May 3, 2019
President Trump said he discussed the “Russian Hoax” with Putin, in their first conversation since the release of the Mueller report https://t.co/junilJBXkv
— The New York Times (@nytimes) May 3, 2019
Analysis: Trump’s latest punt on confronting Putin about 2016 is a big one https://t.co/HeewjqIrMf
— The Washington Post (@washingtonpost) May 3, 2019
Not only does TASS report that Trump initiated the phone call with Putin, but TASS claims that Trump and Putin spoke “for almost 1.5 hours.” If true, Trump had nearly 90 minutes to bring up Russian interference in future elections and he didn’t. https://t.co/gemjZGnNj4
— Kyle Griffin (@kylegriffin1) May 3, 2019
Congressional Democrats meanwhile took to accusing Trump of “treason” … again.
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