With the news that the U.S. economy grew at a brisk 4.1 percent rate last quarter, all kinds of arcane or even confusing theories seem to crawl out of the woodwork. As a matter of fact, our economic engine has been steadily running along for at least one and a half year with the unemployment rate at record low.

Now one theory is that this growth spurt was possibly due to a "rush" by exporters of soybeans and other products to move their shipments to other countries before Trump's retaliatory tariffs on imports took effect. They say that this sudden jump is not sustainable. Economist Larry Summer tried to explain away with his own "famed secular stagnation" why the U.S. economy could not rise above 2.2 percent doldrums of the Obama years.

However, the Wall Street Journal nailed it down that tax reform and deregulation have finally lifted the economy out of the Obama doldrums. We have to give credit where credit is due. Yet, AP boldly declares, "Trump falsely claims historic turnaround." It is worth recalling that not a single Democrat in Congress voted for tax reform and nearly all of them opposed every vote to repeal Obama's onerous regulations. Had they prevailed we would be still be experiencing secular stagnation.

Angry Americans ditched 227 years of precedent, and for the first time elected a president with no prior political or military experience. However, we elected a businessman president. So far, he has kept his campaign promises.

Chansoo Kim