If you listen to Democrats and their media allies, they will tell you Obama deserves credit for the roaring economy. It’s an absurd argument and they probably know it but they keep saying it.
Economists disagree and say it is Trump who deserves the credit.
The Hill reports:
Economists agree: Trump, not Obama, gets credit for economy
Who deserves credit for the booming economy? This is not a petty argument. How voters answer the question could well determine whether Democrats retake the House of Representatives come November.
Trump and Obama (and their admirers) are slugging it out, both claiming that it is their policies that have led to the ongoing economic expansion, steady job growth and higher stock prices.
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.
The Wall Street Journal asked 68 business, financial and academic economists who was responsible for the strengthening of the economy, and most “suggested Mr. Trump’s election deserves at least some credit” for the upturn.
The pros cite the White House’s push for lighter regulation and the recent tax bill as critical to a pro-growth environment; more than 90 percent of the group thought the tax bill would boost GDP expansion over the next two years.
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Sorry, Democrats. You lose the argument… again.
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