According to economist and CNBC senior contributor Larry Kudlow, President Barack Obama’s “war on business” has “really damaged the economy.”
“You’ve had so much war on business in the last eight or 10 years — so much war on business, and I think that has really damaged the economy and I think that has held businesses back from investing and creating jobs and so forth. It will take a while to turn that ship around,” Kudlow told John Catsimatidis on his New York AM 970 radio show “The Cats Roundtable.”
Kudlow also predicted President-elect Donald Trump could create a “strong bull market.”
He said, “If Mr. Trump gets programs through congress and signed into law and so forth, I think you’re going to see a very strong bull market, real bull market — not one assisted by easy money from the Fed.”
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