America's unemployment rate is now 3.9 percent - a level we haven't seen since 2000.
But Trump's mention of Obama's comments about a "magic wand" appear to reference a June 2016 town-hall event in IN when the former president was asked about Trump's promise to kick-start manufacturing jobs in the country.
Trump fired back at his own rally, saying "it wasn't Obama", and accused the former president of "trying to take credit for this incredible thing that's happening".
Asked about the veracity of the statement later that day at a White House press briefing, Hassett said: "So I can tell you what is true". "I had to kind of remind them, 'Actually those job numbers are the same as they were in 2015 and 2016'".More news: TS Helene becomes hurricane; TS Isaac could become hurricane soon
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"Seeing Trump and Obama back to back really shows the contrast between these two".
Trump said on Monday in a posting on Twitter. "We will do MUCH better than this! We have just begun".
Regardless of who claims what, here are some undeniable statistics.
"I guess I have a magic wand", Trump said, pointing to 4.2 percent GDP growth in the last quarter. So far, Trump has averaged 2.9 percent growth. "And it's not surprising then they get bitter, they cling to guns or religion or antipathy toward people who aren't like them or anti-immigrant sentiment or anti-trade sentiment as a way to explain their frustrations", Obama said in April of 2008. Was it the 2009 stimulus package or the 2018 tax cuts?
Kevin Lewis, the former spokesman, told Hill.TV that Obama came into office when both the USA and global economy were in a "free fall", and that he made the "necessary steps" and worked with Congress to ultimately save both.