Fox Business Contributor Worried Trump Will “Interfere In The Market” And Still Create Fewer Jobs Than Obama

Gary B. Smith: “He Can Go For These Little Victories” Like The Carrier Plant, But “He Might Even Create Less Jobs Than Under The Obama Administration”

From the December 2 edition of Fox News' Your World with Neil Cavuto:

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NEIL CAVUTO (HOST): Well [Trump] seems to be saying, we'll get into this a little bit more here, that, that, “look, that is going to add more jobs and protect more jobs net net, it's going to be positive, that unemployment rate comes down.” My only argument here is -- and I'm not dismissing the vagueries around these numbers but they are what they are and we use the same metrics for any president at any time. It's going to be a tough act to top. The president was fond of saying “look, this unemployment rate has been sliced in more than half since I became president.” Now, it didn't win votes for Hillary Clinton so you raise a good point, but how does team Trump play on this and then  show broad-base improvement?

GARY B. SMITH: I think they have to, honestly I think they have to get out of the way, Neil, and not go for the small victories but go for the larger victories. The bigger victory -- look, if create jobs, you can make a Carrier that builds all their gas furnaces by hand without any machinery. You'd ten times the number of jobs. The job of the president is not to create jobs; when they try to do that they interfere. The job of the president, if anything, is to create prosperity. That's what happens when you allow a Carrier to build gas furnaces cheaper. People then pay less for those gas furnaces, they can spend the money elsewhere. He can go for these little victories and it looks great; 1,000 jobs here, 500 here, 200 there. I'm betting though, that at the end, based on like-for-like -- forget about tax policy and stuff like that -- he might even create less jobs than under the Obama administration.

Previously:

Experts Fear Trump Policies May Cause Economic Slowdown

370 Economists Debunk Trump's Right-Wing Media Myths On The Economy

There Is No Trump Mandate