Subscribe

* indicates required
Okayplayer News

To continue reading

Create a free account or sign in to unlock more free articles.

By continuing, you agree to the Terms of Service and acknowledge our Privacy Policy

"You Got To Give The President An A+ For That": BET Founder Credits Trump With Improving US Economy
"You Got To Give The President An A+ For That": BET Founder Credits Trump With Improving US Economy
Photo by Vince Bucci/Getty Images

"You Got To Give The President An A+ For That": BET Founder Credits Trump With Improving US Economy

"You Got To Give The President An A+ For That": BET Founder Credits Trump With Improving US Economy Photo by Vince Bucci/Getty Images

Bob Johnson had supported Hillary Clinton in the 2016 presidential election.

The founder of BET believes that Donald Trump should be credited with improving the U.S.'s economy.

READ: Nas on President Trump: "We All Know a Racist is in Office"

Speaking to CNBC, Bob Johnson praised Trump for improving the economy, saying:

"I give the president a lot of credit for moving the economy in a positive direction that’s benefiting a large amount of Americans. I think the tax cuts clearly helped stimulate the economy. I think business people have more confidence in the way the economy is going."

"...overall, if you look at the U.S. economy...you got to give the president an A+ for that," Johnson added.

Elsewhere in the story, Johnson also seemed to credit Trump with African-American unemployment being at its lowest in the U.S., something that Trump himself has taken credit for even though it's not actually true. A year ago, the Bureau of Labor Statistics released a jobs report that said the unemployment rate for black people was at 6.8 percent, its lowest recorded level since the 1970s.

"Unemployment is at a 17-year low and I'm very proud of this. African-American unemployment reached its lowest level in history. Think of that," Trump said at the time.

However, shortly after this, Jared Bernstein, the former chief economist and economic adviser to Vice President Joe Biden and now a senior fellow at the Center on Budget and Policy Priorities, explained how Trump had "no business taking credit for any of these developments."

"If you look at the budget they've proposed, they've aggressively gone after lower-income people. If you look at their tax plan it was very much targeted at their donor base," Bernstein said. "…presidents do that. He's not the first one but he is in many ways the least justified one because he is trying to push an economic agenda that pushes aggressively in the other direction. All he did was inherit a strong economy from Obama, and thus far he hasn't completely screwed it up."

Source: CNBC