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1988 Democratic presidential nominee Michael Dukakis ripped President Trump's new tax law and offered optimism for Democrats ahead of the midterm elections.

Dukakis, a former governor of the Bay State during the so-called economic "Massachusetts Miracle," said Republicans have lost their way when it comes to supporting fiscal responsibility.

He questioned why they would champion a tax plan that may have costly ramifications for the national deficit.

In response, Neil Cavuto asked Dukakis whether such an outlook is or isn't comparable to former President Barack Obama's effect on the deficit and debt.

"We just passed a tax bill, which I think is a piece of garbage," Dukakis, who lost his presidential bid to then-Vice President George Bush, said.

"Look at these companies, though, that are now sharing the loot with workers," Cavuto said.

"Let's wait and see," Dukakis said of the future for the middle-class, calling the law a "tax cut for the rich."

He called Trump a "disaster," questioning the president's unpredictability.

"That [planned] wall is the dumbest thing I've ever seen," he said, pointing out that thousands of miles of the U.S.-Mexico border is a shoreline.

Watch more above.

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