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Billionaire Ken Langone: ‘This economy is booming,’ and Trump deserves a lot of credit for it

September 20, 2018

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President Donald Trump’s economic agenda is fueling a resurgence in the economy that cannot be denied, billionaire businessman and philanthropist Ken Langone told CNBC on Thursday.

“This economy is booming,” said Langone, a longtime supporter of GOP candidates who was not always a fan of Trump. “I think he’s made a lot of moves that are constructive to the economy.”

Since Trump took office, the gross domestic product is growing at a 3 percent-plus rate. The unemployment rate is currently around a 50-year low.

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