The Dow has grown 4,000 points since President Trumpâs election, and after reaching 22,000 points on Wednesday, Ken Langone, co-founder of Home Depot (NYSE:HD), told the FOX Business Network that if the economy continues to strengthen, Trump will win a second term.
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âGuess what, if this economy continues to strengthen and it strengthens over the next three years, like it or not Trumpâs going to win again,â Langone said after President Trump tweeted about the economy early Thursday.
Business is looking better than ever with business enthusiasm at record levels. Stock Market at an all-time high. That doesn't just happen!— Donald J. Trump (@realDonaldTrump) August 3, 2017
He praised the president for winning despite enemies in the Democratic Party, Republican Party and within the media.
â[Trump] beat three dynasties: Obama, Bush, Clinton. The American people have spoken loud and clear. Like it or not, he won fair and square and the American people are fed up, and these people in Congress ought to get off their butts and get something done. Shame on them.â
Langone continued to criticize Congress for its inability to pass health care legislation and for letting down the American people.
âI donât know if there is a solution to ObamaCare but I do know that the Republicans in Congress look like fools, stumblebums, they donât know where theyâre going or how to get there,â he said.
Despite much talk of repealing and replacing ObamaCare, Langone said the health care system is unfixable and Congress needs to accept that and move on.
âYou want to know the dark secret? You canât fix ObamaCare. Itâs too late, itâs too late, you canât take back from I donât know how many millions of American people. Canât take it back, itâs done, itâs over, move on.â