Donald John Trump is rightfully happy with the state of the national economy.
The stock market is setting records. Joblessness is low. More jobs are being added to non-farm payrolls. Consumer and business confidence is high.
That’s all great, Mr. President.
The president talked about all of that today as White House chief of staff John Kelly reported for work on his first day in the West Wing.
Here’s the deal, though. The trend the president cited is a continuation of the “mess” he supposedly inherited when he took over this past January from Barack H. Obama.
Didn’t the one-time Republican candidate for president trash the daylights out of President Obama’s stewardship of the nation’s economy? Didn’t he cite sluggish GDP growth as part of that so-called “mess”?
I’ll give the president credit, though, for a recent Commerce Department report that ticked up GDP growth a bit past its original estimate. For that, the president can take some measure of credit.
I just find it curiously ironic that one president’s economic “mess” becomes another president’s economic “miracle.”