Economist Steve Moore said Monday that he told President Donald Trump that data vindicates his economic agenda after more than 20 Nobel Prize-winning economists warned it would backfire.

Polls, meanwhile, express dissatisfaction with how Trump has handled the economy.

Trump posted about the matter on Truth Social Tuesday.

“The Great Economist, Stephen Moore: ‘President Donald J. Trump has done something no one else has done — He has proven 22 Nobel Prize Scientists WRONG on the Economy!'” Trump wrote.

Appearing on “Kudlow,” Moore said the data now validates Trump’s economy.

Host Larry Kudlow asked Moore what he told the president.

“The first thing I said is, ‘Look, you’ve got a booming economy.’ You’ve got to get perception to catch up with reality because his approval rating on the economy right now is about 44%. Larry, it should be 84%. This is a very strong economy,” Moore said.

“How do the Republicans and the White House message this powerful story in a better way?”

Moore pointed to income data showing that median family income in 2025 rose by $2,400.

WATCH: 

“Then I told him ‘Look, your tax cut, according to the Brookings Institute, which is not a conservative institute, says the average family will get about $1,400 off their income tax. So do the math,'” Moore said. “2,600 plus 14. That’s almost $4,000 of additional income in the pocketbooks of the average worker.”

The Tax Policy Center found that under the House budget bill’s tax plan, the average household would receive a roughly $2,900 tax cut in 2026 compared to what they would owe if key provisions of the 2017 tax law expired at the end of 2025. Separate TPC analysis shows that specific provisions, such as deductions for tips and overtime, could reduce taxes by about $1,400 on average for eligible taxpayers in 2026.

As inflation showed signs of easing, CNN business reporter Matt Egan described the latest Bureau of Labor Statistics report as “encouraging.” Inflation eased to 2.4% for the 12 months ending in January, down from 2.7% in December. Core inflation fell to 2.5%, marking its lowest annual rate since March 2021. (RELATED: CNN Reporter Says ‘Inflation Took A Big Step In The Right Direction’ To Start Second Year Of Trump 2.0)

“That is an improvement from 2.7% in December. That beat expectations, which were for 2.5%. In fact, this is a new eight-month low for annual inflation. Month over month, prices [are] up by 0.2%, also a step in the right direction, also beating expectations,” Egan said.

The report came after the BLS said Wednesday that the U.S. economy added 130,000 jobs in January, beating expectations. Despite the gains, Trump’s economic approval rating sits at -13.6 points in the RealClearPolling average.

All content created by the Daily Caller News Foundation, an independent and nonpartisan newswire service, is available without charge to any legitimate news publisher that can provide a large audience. All republished articles must include our logo, our reporter’s byline and their DCNF affiliation. For any questions about our guidelines or partnering with us, please contact This email address is being protected from spambots. You need JavaScript enabled to view it..