US President Donald Trump has slammed his predecessor Barack Obama for taking credit for the economic boom in the country, insisting that it was solely due to the policies of the current administration.
Earlier in the day, the former US president posted a tweet in which he bragged about the "more than a decade of economic growth" in the United States that has taken place since signing the Recovery Act 11 years ago.
The US economy has indeed been on the upswing during the current administration, as the unemployment rate has reached its lowest point in 50 years, according to the Labour Department, and market-based measures of inflation compensation have been relatively low, according to a recent statement by the Federal Reserve.