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Who's really to thank for booming economy: Donald Trump or Barack Obama?

m.knox

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Aug 20, 2003
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So many times I've had to refer to "from a low" regarding Obama's performance. Maybe this will explain it better??

Of course, Obama was starting from the nadir of the Great Recession, so economic and job growth should have been expected. And many economists suggest that the increased taxes, onerous regulations enacted in bills such as Dodd-Frank and the Affordable Care Act, as well as the perception that Obama was anti-business, slowed the economic recovery. In terms of economic output, this was the slowest economic recovery since World War II.

Moreover, it is noteworthy that growth had slowed during Obama’s last year in office, dropping from 2.3 percent in the second quarter of 2016 to just 1.8 percent in the final quarter.


https://www.usatoday.com/story/opin...trump-barack-obama-economy-column/1413881002/
 
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