One of the top economists on the Trump team, Steve Moore, discussed the US economy and the many successes of President Trump’s administration to date in an exclusive interview with TGP.
In his new book, TRUMPONOMICS – Inside the America First Plan to Get Our Economy Back on Track, Moore provides not only numbers but personal stories from his meetings with candidate and then President Trump of the Trump economic miracle.
In the exclusive, Moore shared the following –
A Big Big Rally is Coming –
Earnings are really good from companies. They’re doing really well. I think that stocks are under priced right now. We’re going to see a big, big rally as this economic expansion continues. There’s an old saying, buy low sell high. We need to buy….Now’s a good time to be buying.
The Fed –
I want the prices to be stable and I’m not a Fed basher. But I think there is no real evidence that the interest rates are too low. I mean the inflation rate is tame and the price of commodities have been stable so I don’t see an overriding case for raising rates and I think Trump has point there.
About the President –
Trump always seems to be upbeat about things. No matter how he gets beaten up by the press, he’s always very full of optimism. He reminds me of Reagan that way. He has a, you know, he just believes in the American spirit, in the American worker and [American] companies and thinks that if you just get government out of the way, that this economy will flourish and he’s right about that.
I expect it [4th Quarter GDP] will be around 3% and that will give us for the year of about 3.5% growth and that’s way, way above anything we had in 8 years under Obama. So it didn’t take long for Trump to fix the economy and this is sustainable. I think we can stay on this 3.5% to 4% growth pattern for the next few years and if that happens Trump will be overwhelmingly re-elected.
[Steve’s book] it’s an amazing story about being relentless. Trump is one of the most relentless people I ever met. He never stops. He is inexhaustible and we got somebody who’s working for us who works 20 hours a day.
It ain’t done yet –
It was a real privilege to work for Trump and it’s been an amazing ride and it ain’t done yet. As Trump said to me the other day when I saw him in the Rose Garden at the White House, he said, “Steve, you ain’t seen nothing yet.”
Listen to 15 minute interview below –
See also Steve’s presentation at the Gateway Eagle Counsel in St. Louis –