months for Trump to get the 3% even

35:33

though they said it was impossible and

35:34

then already it's over 4% and I expect

35:38

it's going to continue to grow faster

35:40

and faster Reagan's economic recovery

35:42

took last that in fact 25 years and so I

35:45

think we're just you were just getting

35:46

started here

35:47

we're not economists you are but explain

35:51

the difference between the Obama

35:52

policies toward this and what President

35:55

Trump did that seemed to make a

35:57

difference well the real distinction

35:58

actually goes back to Reagan actually

36:00

that it is a sharp distinction with

36:02

Trump as well Obama did the opposite of

36:05

everyone a Reagan's pro-growth policies

36:07

so Reagan instead of cutting tax rates

36:11

like Reagan did Obama increased tax

36:13

rates on income taxes payroll taxes

36:15

capital gains dividends maintain the

36:18

highest corporate tax rate in the

36:19

industrialized world these are the

36:22

reasons why this recovery was so slow

36:24

instead of deregulate

36:25

like Reagan did Obama increased

36:27

regulation on energy on health health

36:31

insurance and health care on Finance and

36:34

so begin that was the opposite of Reagan

36:37

instead of cutting government spending

36:38

Obama gave us the the highest government

36:41

spending deficits and debt in the

36:43

history of the world so these are

36:45

reasons why he had the slowest economic

36:47

recovery since the Great Depression

36:49

all right peter ferrara senior fellow

36:51

Heartland Institute sir thank you very