GOP Rep. Donalds: Barack Obama’s Economy ‘Barely Grew,’ We Were ‘Booming Economically’ Under Trump

‘So when Donald Trump came in, he brought his tax cut policy in, which cut taxes across the board for everybody in our country’

EXCERPT:

DONALDS: "Very easily. I was working in finance during Barack Obama's administration. Let me tell you, the economy under his last — especially the last five years was growing at about 1 to 1.5 percent per year. I think, at the time, President Obama was saying that this era of large economic growth is something of the past. We're going to have a more consistent economy. Well, in his words, a consistent economy meant one that barely grew. So, when Donald Trump came in, he brought his tax cut policy in, which cut taxes across the board for everybody in our country. Couple the fact that he did cut massive regulations from the Obama administration, and what did we see? Economic growth in the United States went from 1, 1.5 percent under Barack Obama to 3, 3.5 percent under Donald Trump. Wages adjusted for inflation, like I said, because it's the truth, increased for every subgroup of Americans in our country. The wealth gap was closing. We were actually booming economically far more than we did under Barack Obama. So that's a cool statement he made on the stump, but it's not true."

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