Trump versus Obama: Presidential dispute on Twitter - it's about the US economy

When former US President Barack Obama praised his achievements for the US economy, incumbent Donald Trump collapsed. There was an exchange of blows on Twitter.

• Barack Obama released a tweet on Monday emphasizing his achievements for the US economy .
• His successor Donald Trump didn't like that at all. He also cleared his anger on Twitter.
• The presidential Twitter dispute arose - and one distorted the facts.

Washington - The US economy is doing well. Low unemployment rates, a growing gross domestic product and an economic upswing have recently given Barack Obama , ex-President of the United States and predecessor of incumbent Donald Trump, a pat on the back . With a Twitter post a few days ago, he posted the positive developments in the American economy to a certain extent. But Obama apparently did the calculation without his successor Donald Trump *. He doesn't like Obama's self-praise at all - the Presidents' Twitter dispute arose.

Trump vs. Obama: Exchange of Presidents on Twitter

"Today, eleven years ago, near the lowest point of the worst recession in generations, I signed the Recovery Act , paving the way for more than a decade of economic growth and the longest phase of job creation in American history," Obama wrote Monday on twitter.

Eleven years ago today, near the bottom of the worst recession in generations, I signed the Recovery Act, paving the way for more than a decade of economic growth and the longest streak of job creation in American history. pic.twitter.com/BmdXrxUAUf

The American Recovery and Reinvestment Act is a package of laws to combat the economic and financial crisis that Obama signed on February 17, 2009, reports stern.de. Donald Trump's reaction - of course also via Twitter - was not long in coming. "Did you hear the last shit? President Obama is now trying to harvest the laurels for the economic boom that is taking place under the Trump administration , ”in his first Twitter post about Obama's statement. Then he continues with undisguised criticism of his predecessor. The Republican claimed that the weakest recovery in the US economy since the great recession had occurred under Obama, whereas the best job numbers of all time are now available.

Did you hear the latest con job? President Obama is now trying to take credit for the Economic Boom taking place under the Trump Administration. He had the WEAKEST recovery since the Great Depression, despite Zero Fed Rate & MASSIVE quantitative easing. NOW, best jobs numbers ....

Trump vs. Obama: Both are not afraid of self-praise via Twitter

In order to properly express his merits for the United States, Trump made another tweet: "I had to rebuild our military, it was completely exhausted," Trump wrote. Trump also emphasized that he had ensured higher interest rates, lower taxes and fewer regulations . His conclusion: "If the Democrats had won in 2016, the United States would now be in great economic need." But is Trump really right with his statements?

Nobody will find out today what the US economy would be like if the Democrats won in 2016. However, his other statements can be checked. As the US news site Axios reports, the upswing in the US economy began long before Trump was elected president there . Trump, who earned his own fortune from real estate deals *, has inherited a stable economy unlike other presidents, writes the news portal. And even a look at the gross domestic product suggests that Trump is probably not right with his criticism of Obama's economic policy. As CNN reports, the gross domestic product has grown by 2.3 percent in the past three years of Obama's presidency , compared to 2.5 percent in the first three years of Trump's term in office *.

Also interesting: The incumbent US President was featured in these television programs and films * before his term in office.

Trump vs. Obama: A BBC report shows that Trump's criticism is wrong

In addition, the British broadcaster BBC reported that the American economy under Trump never attained anywhere near Obama's record 5.5 percent growth in the second quarter of 2014. Trump's statement that the weakest recovery in the US economy since the great recession occurred under Obama is definitely wrong in terms of gross domestic product.

By the way: Barack Obama caused a sensation only in January with a tweet. For the birthday of his wife Michelle, he posted a touching photo on the social network.

* Merkur.de is part of the nationwide Ippen-Digital central editorial office.