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Obama takes credit for Trump tax cuts and regulation rollback

Barack Obama (right) shakes hands with Donald Trump during a presidential transition meeting in November 2016. Photo: AFP
Barack Obama (right) shakes hands with Donald Trump during a presidential transition meeting in November 2016. Photo: AFP

Just Malcolm? John Hewson, TheSydney Morning Herald, October 24:

You might reasonably have thought that the loss of … Wentworth would have jolted the party back to the ­reality … But, no, it was apparently all Malcolm’s fault.

No, a few others too. C. Dicker, The Australian, October 12:

In his call for Wentworth voters to boycott the Liberals … (Alex Turnbull confirms he and Malcolm should join Labor) and link up with John Hewson, another bitter ex-Liberal. We don’t need people like these, who base their selfish wants above the country.

Kev Kelleher, Fortune, October 17:

(US) most competitive economy in the world (says) World Economic Forum (for) the first time since 2008

My economic miracle. Emily Birnbaum, The Hill, October 22:

“By the time I left office, wages were rising … poverty was falling, and that’s what I handed off to the next guy … So, when you hear all this talk about economic miracles … remember who started it … Unlike some, I actually try to state facts,” (Barack) Obama said. “I don’t believe in just making stuff up.”

Obama hands on what? Neil Irwin, The New York Times, September 29:

In 2015 and 2016, the US experienced … a sharp slowdown … (a slump,) a mini-recession …

Apocalypse now? Paul Krugman, New York Times, November 9, 2016:

(Trump won) and markets are plunging. … If the question is when markets will recover, a first-pass answer is never … (Trump) is especially bad because of the fundamentally fragile state … (of the world economy) … we’ve been doing OK only thanks to extremely low interest rates … (we’re) very probably looking at a global recession, with no end in sight.

Obama did this? Lauren Debter, Forbes, November 9, 2016:

As … investors embraced. a Trump presidency … financial and energy stocks (rallied) with investors betting … regulations will be dialled back.

Editorial, Investor’s Business Daily, October 23:

So, what exactly is Obama claiming? … (Trump implemented) a policy of tax cuts and deregulation that Obama has repeatedly insisted “never worked” to grow the economy. Yet … growth (topped) 4% last quarter …

White House archives, July 13, 2012:

Obama: they’ve got a basic theory about how you grow the economy … tax cuts … (and) rollback regulation. Now, here’s the problem. … We tried this … and it did not work.

No beef with beans. James Hamblin, The Atlantic, August 2, 2017:

(Scientists calculated that) if every American … (substituted) beans for beef … (this could cut emissions by up to) 74 per cent.

Can the beans. Bjorn Lomborg, New York Post, October 22:

Vegetarian diets … reduce an individual’s emissions … by just 4.3 per cent … (but) artificial meat could generate up to 96 per cent less … (emissions, and everyone could) eat what they want.

Social tank-engineering. Bill Gardner, The Telegraph, October 23:

Thomas the Tank Engine is to introduce a “homeless” Kenyan train to teach children about refugees … (the) first black female character, developed on the advice of the UN.

The UN is in a position to advise? UN Watch, June 18:

Saudi Arabia … has now secured key positions on the UN’s three principal women’s rights bodies …

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Original URL: https://www.theaustralian.com.au/commentary/cutandpaste/obama-takes-credit-for-trump-tax-cuts-and-regulation-rollback/news-story/63cb480a186205ca6c96f05a4663c82e