Steve Moore: Within Six Months, I Think We’ll See a Lot of Jobs Coming Back to the U.S.

EXCERPT:

MOORE: “I’m glad you brought up those early months of the Reagan Administration, because you’ve got the story exactly right. Reagan came in from the economic collapse of Jimmy Carter. Remember, we had 11% inflation, 17% mortgage interest rates, the country was in total collapse. And you are right, it took Reagan about 14 months to really correct course. And as you recall, once he got those policies in place, the economy exploded. We had an eight-year boom in the economy like we have never seen. That is exactly what Trump is doing. I want to make sure everyone understands this: Trump inherited a mess, a god awful mess from Joe Biden. We had record-high deficits, record-high debt, record-high number of illegal immigrants coming over the border, the inflation rate was rising again, he rose prices on groceries and gasoline by 25 and 30%. It takes some time to correct for that and to clean it up. That’s why what Trump is talking about, yeah, there’s going to be some short-term pain, but long-term, I think within six months — give him six months, I think we will see a big bull market. I think we’ll see a lot of jobs coming back to this country.”