It’s Trump’s Economy Now

Obama said he’d “set up” the economy for Trump, which is now repeated ad nauseam by his supporters.


Mr. Obama might be justified in taking credit for today’s economy if his successor had adopted and carried on his policies.

Instead, Mr. Trump has reversed nearly every Obama rule, edict and law that he can legally overturn.

At its core, the Trump economic strategy wasn’t complicated: systematically repeal Mr. Obama’s “accomplishments”—the tax increases, the regulatory blitz on business, the welfare expansions, the war on American fossil fuels, and so on.

As a result, the economy would pop like a cork pulled from a shaken champagne bottle.

And so it has.

via WSJ

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