Pollak: Democrats Opposed Every Policy Boosting the Economy

Former President Barack Obama tried to claim credit on Friday for President Donald Trump’s economic success.

This would be the same former president who mocked Trump’s promises on jobs in 2016. “What magic wand do you have?” he taunted.

The reality is that Democrats, including Obama, have opposed every policy that is responsible for the current economic boom:

– Tax cuts: Democrats unanimously opposed the Republican tax cuts that Trump signed into law last year, which lowered the corporate tax rate to an internationally-competitive 21% and lowered tax rates for the middle class as well as high earners. Under Obama, Democrats tried to reverse all of the Bush tax cuts in 2012, and Republicans fought them until the very edge of the “fiscal cliff” — until the president and his party agreed to allow Bush’s tax cuts for the middle class to become permanent.

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