Barack Obama is known for his boasting and arrogance.
But like most bigmouths, Obama brags to cover up a weakness.
And Obama is terrified the American people will learn this terrifying truth.
When Barack Obama was President, he presided over the worst economic recovery since World War 2.
In one sense, this was not surprising.
Obama was a wild-eyed socialist who wanted to take over healthcare, raise taxes, and redistribute the nation’s wealth across the globe.
It was a recipe for economic tragedy.
But now that Donald Trump is President and the unemployment and consumer confidence levels are at historic lows, Obama wants to claim it is all thanks to his brilliance.
“I was extraordinarily proud of the Paris accords because — you know, I know we’re in oil country and we need American energy, and by the way, American energy production,” Obama falsely claimed. “You wouldn’t always know it but it went up every year I was president. That whole, suddenly America’s like the biggest oil producer and the biggest gas — that was me, people.”
Obama uttered a completely ridiculous and easily debunked fake news lie.
The overwhelming majority of the increase in oil production occurred because state level laws loosened the restrictions on fracking.
Former Shell CEO John Hofmeister ripped Obama for taking credit for America’s oil boom.
“If anything, he was trying to frustrate the efforts by taking federal lands off of the availability list — putting them just, no more drilling [sic]. He shut down the Gulf of Mexico for a period of six months,” Hofmeister explained. “[He] changed the regulations from an average of 60 to 80 pages per permit to 600 to 800 pages per permit. He also never approved the Keystone XL pipeline after dangling all the potential customers for eight years. And it was in the eighth year when he said no Keystone Pipeline.”
Obama did his level best to choke off the energy sector.
During his Presidency, he imposed rules to strangle oil production on federal lands.
One example was a 2015 rule designed to impose costly mandates on companies that engaged in fracking on public lands.
Obama forced these companies to disclose what chemicals they used in the fracking process.
At the time, Representative Steve Scalise attacked Obama’s job-killing mandates.
“Today’s proposed federal regulations on hydraulic fracturing represent yet another attack on American jobs by President Obama, and continue his attack on American-made energy,” Scalise stated. “Considering that states already successfully regulate fracking, the last thing the American people need is the heavy hand of the federal government killing good jobs and stifling American energy production with more of their radical regulations.”
Critics also blasted Obama for the astounding hypocrisy.
During his eight years in office, Obama blamed the anemic economic growth he presided over on George W. Bush.
The media dutifully played along, and even in Obama’s second term they still reported as fact that the economy’s snail-pace growth was the fault of George W. Bush.
But now that the economy is booming under President Trump – in large part because Trump unleashed the American energy sector – Obama wants all the praise.
Trump withdrew America from Obama’s Paris Global Warming scheme that would have redistributed trillions of dollars of America’s wealth to third world countries.
In his first year in office, Trump rolled back at least 70 Obama-era environmental regulations.
It was the biggest reduction in regulations of any policy area in the federal government.
Trump knew that Obama schemed to bring the U.S. economy to its knees with radical environmental policies to “combat” the fake news global warming hoax.
But now that the good times are rolling, Obama wants to erase his past failure and snatch credit from President Trump for the historic economic numbers that pour in every month.
Do you think Barack Obama was the worst President in American history?
Let us know your thoughts in the comment section.
