Barack Obama said in an interview with the New York Times published today that Joe Biden is 'finishing the job' his administration started and Donald Trump 'benefited from the economic stability we initiated.'
published Tuesday that Joe Biden is "finishing the job" his administration started and Donald Trump "benefited from the economic stability we initiated."The former president told NYT podcast "The Ezra Klein Show" that it's "hard to just underscore how much the bank bailouts just angered everyone, including me," following the 2008 financial crisis, which he noted stimulated a "long, slow recovery.
"Let's say a Democrat, a Joe Biden, or Hillary Clinton had immediately succeeded me, and the economy suddenly has 3% unemployment, I think we would have consolidated the sense that, ‘Oh, actually these policies that Obama put in place worked.' "The fact that Trump interrupts essentially the continuation of our policies, but still benefits from the economic stability and growth that we had initiated, means people aren't sure. Well, gosh, unemployment’s 3.5% under Donald Trump."Obama said that "what we’re seeing now, is Joe and the administration are essentially finishing the job," adding that the actions his administration is taking will be an interesting test.
"Ninety percent of the folks who were there in my administration, they are continuing and building on the policies we talked about, whether it's the Affordable Care Act, or our climate change agenda, and the Paris [Climate Agreement], and figuring out how do we improve the ladders to mobility through things like community colleges.
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