The economy was strong even booming booming, and then came the pandemic.

What now?

Welcome to Uncommon Knowledge.

I'm Peter Robinson.

During the 1980s, Lawrence Allen Kuddlow served in the Reagan White House where, full disclosure, he and I became friends.

After the Reagan administration, he went to New York to a career in banking and journalism, perhaps most memorably as the host of

C. NBC's The Cudlow Report. In 2018, Mr. Cudlow joined the Trump White House as the

director of the Economic Council, the position he holds today.

Larry, thanks for making the time to join us.

You're working from home like all the rest of us.

All right.

Yes.

First question, former President Obama speaking in 2018 when the economy was still strong.

When you hear how great the economy is doing right now,

let's just remember when this recovery started, close quote.

The recovery started way back in 2009,

which was Barack Obama's first year in office, the question is, the Obama economy versus the Trump economy.

We'll come to the pandemic and the crash in a moment.

But first, the first three years of the Trump economy versus the Obama

economy. What do voters need to grasp? Well I think that yes of course the

recovery started under President Obama.

But actually, it was the slowest recovery from a recession. And oddly when you have deep processions like that with the banking collapse

...