Home » World News » Economy much better under Trump than Obama: Art Laffer
Economy much better under Trump than Obama: Art Laffer
‘Obama has not caused the Trump economy’: Art Laffer
Former Reagan economist Art Laffer responds to former President Obama taking credit for the economy and job recovery.
The fight between former President Obama and President Trump on claiming American economic prosperity has been heating up, but former Reagan economist Art Laffer declared the verdict is clear: President Trump caused the thriving Trump economy.
Continue Reading Below
“Trump has caused the Trump economy and deserves all the credit for it,” Laffer told FOX Business' Stuart Varney on Tuesday. “His policies are right on mark … and they really are his policies. President Trump understands the economy. Obama didn't.”
TRUMP CALLS OBAMA ECONOMIC BOOM BRAG 'CON JOB'
Obama inherited an economy on the rocks after the market crashed in 2008, and, Laffer said, he was able to bring it back, albeit slowly. What Americans are seeing now in the Trump economy, he said, is a “continuation and a surge … that is second to none.”