White House press secretary Sarah Sanders said President Trump does not have any second thoughts about “taking credit for a booming economy” despite the recent volatility in the stock market.
Trump has claimed credit for the rising stock market since his election, but has been quiet about it over the last few days when it fell sharply. Some pundits have said Trump should own the downside just as he owned the upside, but when asked if he has any regrets, Sanders dismissed the question.
“Does the president have second thoughts about taking credit for a booming economy? Absolutely not,” Sanders told reporters during Tuesday’s White House press briefing.
“There’s nothing that’s taking place over the last couple of days in our economy that’s fundamentally different than it was two weeks ago,” Sanders said.
The Dow Jones industrial average dropped 1,175 points Monday but gained back almost half of that Tuesday afternoon.
The White House press secretary said Trump is continuing to focus on long-term economic fundamentals and touted the unemployment rate and increasing wages.
“We’re infinitely better off today than where we were before the president took office, particularly on the economy,” Sanders said.