President Trump has two big problems. His first problem is that the stock market hasn’t been doing that great lately (Monday’s opening gains notwithstanding, the markets have a lot of work to do to reach the record highs seen earlier this year). His second and related problem is that Nancy Pelosi is about to become Speaker of the House, and there is therefore zero chance of pro-growth legislation being signed into law until after 2020. The good news is President Trump can do something about the stock market without having to take a stroll up Pennsylvania Avenue toward the Capitol — he can end the inflation tax on capital gains with the stroke of a pen.

Despite his critics in the media, some in his own party, and the never-ending attack machine fueled by Democrats, President Trump deserves a lot of credit for a booming economy. As former Hardee’s CEO Andy Puzder detailed last week in the Wall Street Journal, there simply isn’t any comparison between the last two years of President Barack Obama’s economy and the first two years of President Trump’s.