Democrats trying to give Obama credit for Trump's economy are flaying and failing

Liz Peek:

Larry Summers is grumpy that President Trump is taking credit for the booming economy. Wait until the former mastermind of President Obama’s economic strategy sees the most recent IBD/TIPP Poll. That survey, according to Investor’s Business Daily, shows Americans giving President Trump an “A” for his handling of the economy.

The poll shows their “Economic Optimism” index climbing in August to 58, the second-highest mark since January 2004.

In addition, they note other indicators that the nation’s mood has brightened:

• In August, respondents rated their “Quality of Life” at 64.2; the previous all-time high was 63.1, recorded in January 2004.The average under President Obama was 53.7.
• Similarly, the latest reading on “Direction of the Country” hit 50.3, up 13 percent from the prior month, and the highest recorded since 2005. That compares to a 17-year average of 41.6 and an average of 37 during President Obama’s time in office.
• The “Financial Stress Index,” which has averaged 59.4 since it was created in 2007, plunged in August to 47.4, its lowest level ever. As IBD explained, “People are feeling more secure in their finances than they have at least since the early 2000s.”

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In fact, this year, the U.S. is the world’s star economy, benefiting from the GOP tax cuts and lighter regulation. That reality bolsters Trump’s claim of credit; other countries have not injected their economies with any optimism-producing tax or rule changes, and their performance has suffered in comparison.
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Add to this the predictions of Democrats that the economy would tank under Trump's policies and they have to wiggle room to claim credit for the strength of the economy.