A analysis published on website of the Hoover Institute says the nation’s current economic boom is all thanks to President Trump and only marginally has anything to do with former President Obama.
In fact, Obama’s influence, the article contends, is that he’s gone.
The analysis comes as a Thank Trump Card Campaign gives ordinary Americans a way to thank the president for his record of achievement during his first year in office.
Already, tens of thousands of Americans have participated.
Hoover Institute senior fellow Richard A. Epstein might disappoint Democrats who insist the current economic boom should be credited to Obama. He pointed out that the day after Obama was elected in 2008, “the Dow plunged by almost 500 points.”
However, on the day of Trump’s election – and despite economist Paul Krugman’s dour forecast – the market soared by 250