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Credit to the fed and monetary policy and qe 1, 2 and 3 but also if you look at obama over his eight years we had average gdp of 1.5% last year we had 1.6 and when trump came into office his first budget hit 2.3 and he hit 2.3 so i think there s a very clear dichotomy of obama versus president trump real bull market coming on strong with president trump. david: kevin who gets credit? i actually think the fed gets credit they went into the market and artificially suppress ed interest rates so people went into riskier assets so if we look at what, how you grow an economy, there s two levers you pull, monetary policy and fiscal policy, and so you saw monetary policy during barack obama s administration and then you saw fiscal policy during president trump s and so the fed is really dictating the market as going forward because we saw him capitulate six weeks after they raised rates in december and that s why you ve seen the recovery in the market ....
in american history is almost treason in my opinion. because he never served. perry told a military gathering, quote, i want to make sure that every young man and woman who puts on the uniform of the united states respects highly the president of the united states. in fact, perry even seems to question obama s patriotism. listen to this. you need to ask him. [ inaudible question ] i m saying a good reporter. go ask hm. cnn s shannon travis is in iowa. governor perry had a gem for you, i understand, in your cameras? that s right. reporter: he did have a gem for me. it s important to question whether the newly republican presidential candidate if this is his texas swaggering bravado. he is just getting into this race and has more established contenders who have been in the race longer. as you yu just mentioned he did say a little bit of things and say he sealed it with a kiss. romney took a swipe at you today saying he has private sector experience and that ma ....