Economy

Top White House economist fact-checks Trump on GDP claim

Top White House economist fact-checks Trump on GDP claim

The national unemployment rate was at 3.9 percent in August, according to the Bureau of Labor Statistics.

Gasparino responded with a mix of snark and anger.

"So I can tell you what is true", Hassett, the chairman of the Council of Economic Advisers, said from the podium of the White House briefing room in response to a question about Trump's tweet from early this morning. Such a relationship between GDP and the unemployment rate has occurred many times, most recently in the first quarter of 2006, before the financial crisis pushed the unemployment rate high and economic growth slowed markedly.

Trump regularly deletes and re-posts tweets to correct misspellings or to rephrase his points. "Like, from the initial fact to what the president said, I don't know the whole chain of command", Hassett said. "You'd have to talk to the president about where the number came from, but the correct number is 10 years".

While that was good news about the economy, Lemon was struck by the president's inability to tell the truth.

Canadiens Trade Max Pacioretty To Vegas As Rebuild Continues In Montreal
Bergevin said that when Pacioretty made the trade request, it was evident then that an extension wasn't going to be on the table. Suzuki was the key piece in the deal, according to Bergevin, who said the Canadiens had him 11th on their draft list in 2017.

Last month, White House Press Secretary Sarah Huckabee Sanders asserted to reporters that Trump had tripled Obama's eight-year job creation record for black workers in just 18 months, quoting numbers that were not even close to accurate.

Senator Marco Rubio (R-FL) took notice of Obama's pot-calling-the-kettle-black speech and blasted the former president in a Twitter thread for his blatant contribution to the brokenness of American politics and our current state of discord.

On Sunday, Trump said in a tweet that "the Stock Market is up nearly 50% since Election".

Before taking office, Trump regularly accused federal officials of falsifying economic data.


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