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Barack Obama: “The only thing his tax cuts did back then was to help folks…”

Featuring: Barack Obama, Democratic | 44th President of the United States | National

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Barack Obama campaigning for Kamala Harris, Milwaukee, Wisconsin

Published | Video Starts at 15:52

And we worked and we worked. And after eight years, I then handed off over 75 straight months of job growth and low inflation to Donald Trump. And The only thing his tax cuts did back then was to help folks that were already doing good and drive up the deficit. In the meantime, Trump's other big idea is to slap a tariff on everything from food to TVs. Now, almost every economist who has looked at this idea says, that won't lower prices. (15:52–16:01)

CLAIM

Asserts that Trump's tax cuts primarily benefited the wealthy and increased the deficit.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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