Other views: ‘Trumponomics’ deserves to get the credit
Katie Pavlich, The Hill:
“When President Obama came into office back in 2009, he assured the American people ... that ‘recovery summer’ was on its way. ... Seven summers came and went without recovery. ... He smothered the economy and therefore severely limited its ability to recover and grow. The GDP throughout the course of his presidency averaged just 2%. But when summer 2017 rolled around with a new president in the Oval Office, Donald Trump, things actually started to change and the recovery summer Americans were promised finally showed up.”
Stephen Moore, New York Times:
“Who gets the credit for this surge? Most voters say Obama — and, sure, he gets some because corporate balance sheets were healthy when Trump entered office. (But) the economy was decelerating at the end of the Obama presidency ... and many economists warned of a recession. If Trump had continued Obama’s policies, one might not credit him for today’s strong econo- my. ... Trumponomics is Obamanomics in reverse. ... If the economy had nosedived in 2017, there’s no doubt the media would have pounced on Trump policies as disgraceful failures. But with the economy red-hot, he gets little credit. That’s a double standard.”
Ravin Gandhi, CNBC:
“A good number of my Republican friends think Trump is a boorish blowhard. Some acknowledge he’s obviously racist and find his behavior appalling. But instead of focusing on this negative, many of these people instead cite current economic data as evidence that Trump is great for the economy. ... They choose to ignore Trump’s retrograde rhetoric because it doesn’t impact them personally — most of them have never experienced discrimination firsthand and believe that if you get the economy right, social ills magically ‘work themselves out.’ ... They reject progressive economic policies because they are self-avowed fiscal conservatives. When I ask about profligate spending of both George W. Bush and Trump, we order cocktails and agree to disagree.”