Larry Kudlow: “Simply Not True” That Obama Deserves Credit for Economy

At least two of the Democratic 2020 candidates have apparently realized that they’re going to have a bit of a tough time running against President Trump’s booming economy. What are they going to say about it? That it sucks? That they can do better? Voters would laugh them out of the building. They could run against it, we suppose, but that probably wouldn’t collect a lot of support. “Oh, we’re doing a little too well. It’s scary, isn’t it? Yeah, we need to slow things down with some good old fashioned government regulations. And maybe, if you guys are good, some tax hikes for dessert!” Not exactly a winning message.

Oh, but there’s a third choice!

“The economy is doing well,” admitted Bernie Sanders in an interview with ABC News. “And I’m sure I don’t have to give Trump any credit. I’m sure he will take all the credit that he wants. But what we should also know is that what we are looking at is a 10-year rebound from the Wall Street crash of 2008.”

Of course, of course. Yes, the economy is rolling right along, but that’s because of OBAMA’s policies, not Trump’s.

Cory Booker took a similar approach. “First of all, I love that Trump is taking credit for a recovery that started under Obama,” he told CNN.

Asked to respond to this line of reasoning, National Economic Council Director Larry Kudlow told Fox News that it was a whole lot of hogwash.

“What Mr. Booker and some others are saying is simply not true factually,” Kudlow explained. “I’m just going to use the damn facts. On the wage front, we’re rising 3.2 percent overall. The bottom quarter, 4.4 percent increase, the top quarter, 3.5 percent. First of all, both are good and a rising tide is lifting all boats. But the point I’m making is, it’s the blue collar people that have the fastest job expansion and it’s the blue collar people that have the best wage growth.”

In a separate video posted on the White House Instagram page, Kudlow was over the moon about the newest jobs report.

“Wow! Low unemployment, high jobs, high wages, big consumer confidence, major productivity and no inflation,” said Kudlow. “It’s totally awesome. We’re killing it on the economy.”

Commenting on the video in his Fox News interview, Kudlow joked, “I didn’t know I had the energy to do that. I just walked out and, I don’t know, man, let her rip. These are blowout numbers. The economy is going great guns and POTUS’ policies, to be perfectly honest, his policies to rebuild this economy have entered us into a tremendous prosperity cycle. And I don’t see any end to it right now.”

Oh, we know a few presidential candidates who could probably bring it to quite an abrupt end.