The U.S. economy was growing when President Donald Trump took office — but it is "the new spirit of enterprise and optimism" sparked by his policies that keeps fueling the rise, economic policy analyst Stephen Moore said Wednesday.
Moore, who served as the Trump campaign’s economic adviser, told Newsmax TV's "Newsmax Now," it is "hard to find any statistic that isn't headed in the right direction."
"Every week that goes by and the economy continues to do well, that argument that 'it's the Obama economy' starts to flatten out with people," he added.
"This is a president who is pro-business," Moore said, while President Barack Obama "was a president who for the most part was anti-business. And certainly the people he put in positions of power all had a philosophy that was hostile to business."
"There's just this new spirit of enterprise and optimism," Moore said. "You see it everywhere."
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Moore also applauded the newly passed tax cuts, asserting almost four million Americans have gotten bonuses of $1,000 or more — and big companies like Apple are "bringing all this money back" into the United States.
"That's a really great testament to the fact that Trump's policies are working," he said, predicting the cuts will be made permanent because "it would be lunatic to let any of it expire."
"So we're getting all this tax revenue in from that money coming in, and we're getting the money invested here in the United States for bonuses and dividends to shareholders and expansions of business," he said. "It's just a win-win-win for everyone."
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