Former President Barack Obama thanked himself in a speech Tuesday in which he took credit for American economic growth occurring under Republican President Donald Trump.
Obama told an adoring crowd at a Chicago climate summit that despite “resistance at every step of the way,” his administration’s efforts to fight climate change resulted in a better economy.
“As we took these actions, we saw the U.S. economy grow consistently,” Obama said. “We saw the longest streak of job creation in American history by far — a streak that still continues, by the way.”
He then added a zinger: “Thanks Obama.”
The crowd erupted in cheers and applause — and soon laughter.
As Obama silently waited for the reaction to die down, he appeared to wink at the audience.
What about the economy?
The stock market has gained about 30 percent in value since Trump’s election a year ago, the Washington Times reported, gross domestic product has increased more than 3 percent in both of the last two quarters and the jobless rate has dropped to a 17-year low of 4.1 percent.
Trump has received credit for an economic uptick this year from many business leaders and economists due to his loosening of regulations and move to cut taxes, the paper added.
U.S. Rep. Peter Roskam (R-Illinois) said earlier this year that Obama’s administration was the first to never have a “whole year of 3 percent growth” — a claim PolitiFact rated as “mostly true.”
Here’s the clip of Obama’s speech. The relevant portion begins just after the 4-minute mark:
This article was published on confighters.com