KENNEDY: POOR DOLORES.
THERE IS NO QUESTION THE U.S.
ECONOMY IS BOOMING.
THE QUESTION IS WHO DESERVES THE
CREDIT.
A NEW CBS FOLLOW FIND THAT 49%
SURVEYED CREDIT FORMER PRESIDENT
OUT.
BOTH CLAIMING THEIR POLICIES LED
TO THE RECENT BOOM.
THE "WALL STREET JOURNAL" ASKED
ECONOMISTS AND MOST OF SUGGESTS
PRESIDENT TRUMP'S ELECTION
DESERVES SOME CREDIT FOR THE
PLUG.
KENNEDY: LET'S DISCUSS.
THIS IS ALMOST AN UNSOLVABLE
RIDDLE AND IT'S MUCH BETTER TO
HAVE THIS KIND OF PROBLEM TO
WHO IS IT?
>> I THINK TRUMP FOR SURE IS
RESPONSIBLE FOR THE STOCK
MARKET.
I DON'T SEE HOW OBAMA CAN TAKE
CREDIT FOR THE STOCK MARKET
DURING TRUMP BECAUSE THE STOCK
MARKET IS ALWAYS FORWARD
LOOKING, THIS MARKET HAS BEEN
GREAT.
I THINK TRUMP WITH THE PASSAGE
OF THE TAX BILL MADE HUGE HUGE
PROGRESS IN CREATING A
PROSPERITY THAT WILL LAST FOR
LITERALLY YEARS AND YEARS, AND
HE DEREGULATED THE ECONOMY AND
GOTTEN RID OF SOME OF OBAMACARE.
HE WITHHELD THE FUNDS THAT WERE
TO SUBSIDIZE THE UNDERSTAND
INDUSTRY, AND HE STOPPED DOING
THINGS YEAR IN AND YEAR OUT TO
HURT THE ECONOMY.
AND JUST STOPPING DOING THAT
WOULD BE A VERY BIG THING TO
HAPPEN.
AND I THINK TRUMP DESERVES A LOT
SAID ABOUT THE ECONOMIC AND
BUSINESS CONSUMER CONFIDENCE.
THOSE ARE MEASURABLE FACTORS AND
THEY HAVE BEEN OFF THE CHARTS.
YOU GIVE THE PRESIDENT CREDIT
FOR THAT.
THE WHOLE IS MORE THAN THE SUM
OF ITS PART WITH DEREGULATION
AND TAX REFORM?
IS THERE SOMETHING ABOUT
COMBINING THOSE TWO THAT SETS A
POSITIVE ECONOMIC RECIPE?
>> SURE.
GOING BACK TO REAGAN.
WHAT YOU DID YOU STARTED A HOLE
PRO -- A WHOLE PROCESS THAT LED
WAS THE BEST BEAUTIFUL ALL TIME
WAS A DIRECT RESPONSE OF WHAT
WHAT I THINK TRUMP HAS DONE IS
CREATED AN AURA, AN ENVIRONMENT
IN THE FUTURE.
AND THE MARKETS ARE STARTING TO
REACT TO THAT.
WE HAVE A SNOWBALL COMING DOWN
THE HILL.
SOONER OR LATER THE DEMOCRATS
WILL JOIN AND BOARD JUST THE WAY
THEY DID WITH US IN THE 80s.
KENNEDY: THERE ARE ALSO
ECONOMISTS WHO SAY WE ARE HEADED
DOWNTURN.
DOES THE PRESIDENT TAKE CREDIT
FOR THAT?
>> SURE.
YOU WILL HAVE TO ASK HIM -- I
DON'T KNOW THAT WE'LL, SO FAR I
FEEL GOOD ABOUT HIS RESPONSES,
AND THEY CONCUR PRETTY MUCH
CONGRESS DID, TOO.
THE PRESIDENT DESERVES PRIMARY
CREDIT.
I KNOW OF NO PRESIDENT IN MY
LIFETIME THAT HAS DONE A BETTER
JOB IN THE FIRST YEAR OF OFFICE
THAN DONALD TRUMP HAS DONE WITH
RESPECT TO THE ECONOMY.
HE HAS DONE AN AMAZING JOB.
KENNEDY: I HAVE A COUPLE PEOPLE
