WASHINGTON: President Donald Trump on told Fox Business that the US economy is “going great” as he touted record stock-market levels and said he wants Congress to pass a voting package he called the “Save America Act” ahead of the midterm elections.
In an interview with Larry Kudlow on Fox Business’ “Kudlow”, Trump pointed to market milestones. “When you say 50, 000, and by the way, uh, S&P 7, 000—, ” he said, adding, “we're at the end of the first year.”
Trump said prices and energy costs are down. “They can't use it because we brought the prices down, ” he said, referring to “affordability.” He cited gasoline prices during a recent trip. “Oil now, I was in Iowa last week, and they were $1.85 a gallon, ” he said. “In many cases now, it's broken $2 a gallon, and that's like a major tax cut.”