Cory Booker praises Obama's economic recovery--Larry Kudlow slams him

Larry Kudlow, the National Economic Council Director knows a thing or two about economics. Senator Cory "Spartacus" Booker (D-NJ) barely knows how to comb his hair [singular].

On Sunday, Spartacus said President Trump was "taking credit for a recovery that started under [former President Barack] Obama." He was referring to an anemic change in direction that was as wishy-washy for the economy as Obama was toward ISIS.

So everything good that happens under Trump, Obama gets the credit. Everything bad, well, you know.

"What Mr. Booker and some others are saying is simply not true factually," Kudlow told Fox News' "America's News HQ".

Kudlow spoke after the publication of Friday's  jobs report for April, which showed that the American economy added 263,000 jobs last month while the unemployment rate fell to 3.6 percent, the lowest since 1969, about a half century.

Despite the high numbers, Booker insisted that the boom's effects were not being felt across all economic levels, which indicates a lack of understanding in line with that of Bernie Sanders.

"You have people on my block – I'm the only presidential candidate that lives in a low-income inner-city neighborhood. [His self-imposed victimhood is supposed to be a badge of honor.] Talk to folks, and they'll tell you: 'I have to work two jobs just to try to keep myself in housing. And, by the way, that housing isn't reflected in any of my family,'" Booker said on CNN's "State of the Union."

 "Americans are struggling. Their wages are too low ... for the last four decades, I don't think they've budged that much ... We've got to make sure that this is a shared recovery, because, right now, it definitely is not."

Kudlow disagreed with the bug-eyed 2020 presidential candidate.

"I'm just gonna use the damn facts," he told Fox News' Leland Vittert, whose sister is also an economist. "On the wage front, average hourly earnings are rising 3.2 percent overall. The bottom [poorest] quarter [of workers], 4.4 percent increase, the top quarter, 3.5 percent [increase]."

"First of all, both are good and a rising tide is lifting all boats," Kudlow added. "But the point I'm making is, it's the blue collar people that have the fastest job expansion and it's the blue collar people that have the best wage growth."

Kudlow addressed the April jobs report in a video posted on the White House's Instagram page Friday afternoon.

"Wow! Low unemployment, high jobs, high wages, big consumer confidence, major productivity and no inflation," he said enthusiastically. "It's totally awesome. We're killing it on the economy."

"I don't know how I had the energy to do that," Kudlow said Sunday. "I just walked out and, I don't know, man, let her rip. These are blowout numbers. The economy is going great guns and POTUS'  policies, to be perfectly honest, his policies to rebuild this economy have entered us into a tremendous prosperity cycle. And I don't see any end to it right now."

It's beginning to look like Booker's chance of winning the Democratic nomination is about as good as an unborn baby at Planned Parenthood.


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