Barack Obama speaks Friday at the University of Illinois, where he was receiving an award for ethics in government.
Former President Barack Obama on Friday used a speech at the University of Illinois to sharply criticize his successor as well as claim ownership of the U.S. economic recovery.
Speaking in Urbana, Ill., where he received an award for ethics in government, Obama recalled that the U.S. economy was losing 800,000 jobs a month when he entered office.
“We worked hard to end that crisis but also break some of these longer-term trends,” said Obama, who is planning a series of campaign trips ahead of the midterm elections in November.
“By the time I left office, household income was near its all-time high, and the uninsured rate had hit an all-time low and wages were rising,” he said. “I mention all this 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 ... I have to kind of remind them, actually those job numbers are kind of the same as they were in 2015 and 2016.”
On that, Obama is correct. U.S. job growth averaged 226,000 per month in 2015, 195,000 in 2016, 182,000 in 2017 and, so far this year, 207,000.
No link in OP. Closed.
edward37
Former President Barack Obama on Friday used a speech at the University of Illinois to sharply criticize his successor as well as claim ownership of the U.S. economic recovery.
Speaking in Urbana, Ill., where he received an award for ethics in government, Obama recalled that the U.S. economy was losing 800,000 jobs a month when he entered office.
“We worked hard to end that crisis but also break some of these longer-term trends,” said Obama, who is planning a series of campaign trips ahead of the midterm elections in November.
“By the time I left office, household income was near its all-time high, and the uninsured rate had hit an all-time low and wages were rising,” he said. “I mention all this 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 ... I have to kind of remind them, actually those job numbers are kind of the same as they were in 2015 and 2016.”
On that, Obama is correct. U.S. job growth averaged 226,000 per month in 2015, 195,000 in 2016, 182,000 in 2017 and, so far this year, 207,000.
No link in OP. Closed.
edward37
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