President Trump has ushered in a new era of economic success with his pro-business policies, asserts Stephen Moore of The Washington Times. By cutting Obama-era regulations, particularly in the energy industry, Trump has unleashed American companies and created much-need growth. The economy is already doing better under him, seven months into his presidency. Particularly coal, an industry deemed dead by the left, has upped its production by 12% and created new jobs in mining, trucking, steel and manufacturing. Obama’s policies were hampering the U.S. economy, which Trump has realized and changed.
The idea that President Trump has improved the economy is erroneous, given that he hasn’t had the time to introduce legislation that would significantly affect it, holds Doug Mataconis of Outside The Beltway. The recovery from the recession is still ongoing, thanks to deep-set improvements under Obama. Any current economic growth is thanks to these policies. Trump, who currently touts statistics about economic growth, criticized them when they didn’t go in his favor in the past. Additionally, his claim to having improved the economy falls short; so far he has brought in 186,000 fewer jobs than Obama did in his last seven months.