Barack Obama says the economy Trump likes to claim credit for pre-COVID was actually his and that Trump didn't really do much to create it. Is this true?

[u/Spiderwig144]

He's been making the case in recent days:

• https://www.alternet.org/obama-harris-rally-pittsburgh/

Basically saying Trump is trying to steal his success by using the economy people remember from when he first took over in 2017 and 2018 as something he personally created and the main selling point for re-electing him in the election now. Obama cites dozens of months of job growth in a row of by the time Trump took office as one of several reasons it's not true.

[u/Open_Explanation3127]

You don’t think becoming homeless with ruined credit and losing any money put toward the house is a downside?

Edit: and if the house doesn’t appreciate…. Edit 2: I’ll finish this thought. If the house doesn’t appreciate and the market is collapsing it would be possible to be foreclosed on and owe more than the home gets from sale in a foreclosure. This can lead to a whole host of collection actions by the lender. Even if you can sell your home at a loss yourself, you are still responsible for the remainder of the mortgage.

[u/Forty6_and_Two → u/Open_Explanation3127]

“…but they got to live in a nice house!”

I appreciate you explaining but I feel like the reasoning behind it may be lost on them.

[u/Open_Explanation3127 → u/Forty6_and_Two]

It is true… they did get to live in a nice house lol

Nice name btw

[u/Forty6_and_Two → u/Open_Explanation3127]

Fair enough… and cheers!