President Trump has claimed credit for the booming economy. The mainstream media refuses to give him credit. So who deserves credit, Trump or Obama? Economists reveal.
This new report reveals that it's President Trump that deserves credit for the booming economy. The Wall Street Journal polled 68 economists throughout academia and the business world. They asked them who was responsible. When asked who was responsible for the economical surge, The Hill reported, "happily for President Trump, the pros agree with him. A recent survey of economists suggest it is President Trump, and not Obama, who should be taking a bow."
Per Daily Wire:
Key takeaways from the report:
Most of the economists said Trump was "'somewhat' or 'strongly' positive for job creation, gross domestic product growth and the rising stock market."
The experts said Trump’s decision to cut regulations and cut taxes were a major factor.
The group gave Obama "neutral-to-negative for GDP growth and negative for long-term growth," while scoring Trump as "neutral to positive for long-term gains."
The group of economists said Trump scores higher than Obama because business confidence is higher and business investments are increasing under Trump.
Meanwhile the left continues to complain about the Trump tax plan. Nancy Pelosi, House Minority Leader, claims the reform was "insignificant" and only dropped "crumbs" to workers.
There have been many major economic landmarks during the Trump administration. Some of those include the Dow hitting 25,000 for the first time ever, 2017 being the best manufacturing year in the United States since 2004, December job creation blowing past expectations and around 100 companies announcing major plans to increase wages, give bonuses and make charitable donations all as a result of the GOP Tax Reform.
Yet the left continues to throw shade at the Trump administration and all of their accomplishments. According to their accounts the economy was at a standstill for the eight years of the Obama administration, then when Trump took office it magically took off. Doesn't seem like a very logical explanation.
Love Him Or Hate Him, Trump Deserves Credit For Booming Economy | Stock News & Stock Market Analysis - IBD https://t.co/wQ5myzC1uN
— Kellyanne Conway (@KellyannePolls) January 16, 2018
Wall St doing great as Dow hits 26,000 -- but even more important, Main St is finally also seeing serious economic acceleration! https://t.co/vq2VeSqKOE
— Steve Cortes (@CortesSteve) January 16, 2018
In Obama’s 8 years, Dow Jones gained +8,707.45. In 433 days President Trump’s Dow Jones is +7,470.45! In approximately 1-2 months President @realDonaldTrump’s economy will surpass what took Obama 8 years to do. #MAGA.
— FLOCK INC. (@JordyAri) January 15, 2018
Martin Luther King Jr's nephew to @DonLemon: "It's no longer the economy, stupid. It's the demographics, dummy. There's a lot of white anxiety out there -- and legitimate anxiety. ... And the genius of Donald Trump is that he tapped into that" https://t.co/U5b9cnxijv
— CNN Tonight (@CNNTonight) January 16, 2018