Trump is currently telling his doggies that the economy is doing so well because the stock market is anticipating his return.
“ On Monday, he claimed on Truth Social that voters were already enjoying a “TRUMP STOCK MARKET” because the economy was anticipating his eventual victory. For now, Trump said, “EVERYTHING ELSE IS TERRIBLE (WATCH THE MIDDLE EAST!)”
But economists quickly dismissed the claim, and the theory that Trump should get credit for an economy overseen by Biden has proved too far of a stretch for many Republicans as well.
“I wouldn’t make that my principal argument,” said Charlie Gerow, a Pennsylvania-based GOP strategist. “‘The economy is good because of some future occurrence’ is not typically the best argument.”
Former Trump White House economic adviser Larry Kudlow, who initially floated the idea that Trump deserved credit for the current stock gains, has also since walked back the idea. It was a remarkable concession given Kudlow’s record as one of the most reliably pro-Trump economic commentators.
“I’m an honest broker,” he said on Fox News following better-than-expected GDP numbers. “If I were [Biden], I would be bragging about it, too.”
