CNN host Don Lemon does not think that President Donald Trump deserves credit for the booming economy under his administration — and claimed that Trump “rode the Obama economy for the first part of the presidency” and is “still riding it.”
Trump largely credits deregulation and such policies as last year’s historic tax cuts for the economic gains made during his presidency.
But Lemon, known for his frequent criticisms of and verbal attacks against the president, challenged Trump’s claim that his administration’s policies are responsible for the booming economy over the last nearly two years.
“Fifty-seven percent of Americans in the latest Gallup poll disapprove of the job [Trump] is doing, but he’s been buoyed by an economy that’s been going gangbusters, an economy President Trump inherited from [former] President Barack Obama and then juiced with a big mostly corporate tax cut passed a year ago this week,” Lemon said Tuesday on “CNN Tonight.”
Noting that “the economy is suddenly looking less rosy” and that “bad news on that front is getting harder to ignore,” Lemon said, “Concerns over economic growth in Trump’s trade war with China have dragged the markets down and stocks are on track for the worst December since the Great Depression.”
“[Trump has] made stock market performance a big part of his case for the Trump agenda,” Lemon added.
“Well, if you use stocks as a barometer of success, as the president has done over and over and over again, there’s not much to brag about right now.”- READ MORE