Appearing on CNBC Wednesday, Canadian businessman and television personality Kevin O’Leary raved about the state of the U.S. economy, based on his more than 50 “Shark Tank” companies.
“Most of the Sharks have a similar portfolio,” O’Leary told CNBC on Wednesday. “It’s an amazing index on America’s economy because they’re almost in every state, in every sector.”
O’Leary along with investors Mark Cuban, Robert Herjavec, Barbara Corcoran, Lori Greiner and Daymond John put up their own money on “Shark Tank” to buy stakes in start-ups looking for capital and influential business partners.
“I can report to you, on a private basis, I’ve never seen a stronger economy in my life,” contended the 65-year-old O’Leary. “This is fantastic with what’s going on.”
Trump has repeatedly acknowledged the strength of the economy on his watch, but 2020 Democrats have been working overtime to convince voters that the economy isn’t doing well at all. Since Democrats are having a harder time denying the strength of the economy, they’ve been attempting to push the narrative that it’s only working for the super rich, which is completely false.
Matt Margolis is the author of the bestselling book The Worst President in History: The Legacy of Barack Obama. His new book, Trumping Obama: How President Trump Saved Us From Barack Obama’s Legacy, will be published on July 30, 2019. You can follow Matt on Twitter @MattMargolis