PETER MORICI (PROFESSOR, UNIVERSITY OF MARYLAND): The deregulatory boom has been really very helpful, especially, for example, in the oil patch. But also, have you noticed the very steady growth in manufacturing jobs? It was really hard for folks to focus on it because it's the kind of under the radar. But each of these new factories and the expansion of factories was heavily regulated by the Obama administration. It was hard to move a machine from one side of the shop to the other without either negotiating with a union, or negotiating with Barack Obama, or Barack Obama calling up the union and telling them to go in there and negotiate. Now you can get stuff done reasonably -- not recklessly, but reasonably. Everybody wants a safe workplace. But the safest workplace in Barack Obama's world was no workplace. We have opened up the factories again. Isn't that great news? 

Related: 

Morici in The Hill in 2014: “The real unemployment rate among U.S. citizens and permanent residents is at least 18 percent”

Previously:

Fox & Friends finally admits right-wing media's favorite economic statistic is misleading

Black man's work, white man's credit: Fox’s Stuart Varney credits Trump for an Obama-era economic trend

Fox host says that Trump should take credit for the good of the stock market, but not the bad

Some journalists can see through Trump's economic ruse. Time for everyone else to catch up.