Economy

Trump's latest boast about the economy isn't accurate

Trump's latest boast about the economy isn't accurate

Fox News host Jeanine Pirro derided Obama for a "full-throttled, savage attack" on Trump. The economy did start showing more notable signs of improvements in his past year, with steadier employment growth and lower unemployment.

Obama, who reportedly has been running his "Organizing for America" operation, along with his White House aide Valerie Jarrett from his expensive home in a Washington neighborhood, spoke to a group of University of IL students last Friday, claiming it was his policies, not those of President Trump, that have produced the current economic boom. Really for made-up reasons, I think.

HASSETT: "The correct number is 10 years".

"And at some point, somebody probably conveyed it to him, adding a zero to that, and they shouldn't have done that", he said.

"We numbers geeks here at the White House are grateful when the press finds mistakes that we make - we don't like making mistakes but we're grateful when they're pointed out because we want to correct them".

The Trump administration has been in trouble in the past for inaccurate economic statistics with CNBC reporting that White House spokesperson Sarah Huckabee Sanders made false claims about the black employment rate.

Former President Barack Obama recently has re-emerged as a strident political force for his party, criticizing President Trump for deeming the news media "an enemy of the people", among other things. "We will do MUCH better than this!"

"President Trump would need a magic wand to get to 4% GDP", stated President Obama. What magic wand do you have? "And usually the answer is, he doesn't have an answer", Obama continued.

"I have to kind of remind them, actually, those job numbers are the same as they were in 2015 and 2016".

The economy was, however, struggling when Obama took office in 2009. Hassett's office took responsibility in a tweet for providing Sanders with inaccurate data.

The International Monetary Fund now predicts 2.9% growth this year and next, marking the longest period of expansion in U.S. history. Instead of taking to Twitter for a blistering attack, he joked that Obama's speech put him to sleep.

Mike Levin, who is running for the seat left open by retiring GOP Rep. Darrell Issa in California, tweeted that Obama "left Trump an economy on third base". They claim Trump is merely enjoying gains started before he took office.

And she said she would have to keep reporters "posted" on whether Trump might consider suing Bob Woodward, whose devastating insider account of his White House is published Tuesday and argues that the president is detached from reality and has prompted top aides to try to protect America from the damage he could wreak.


  • Quick Rundown of What Happened Between Serena and the Umpire

    Quick Rundown of What Happened Between Serena and the Umpire

    She also told Ramos that he knows her, and as a mother and a woman she's trying to set an example and would never cheat. Serena then approached the umpire and after a violation for verbal abuse, was fined a game.
    Rep. Sean Duffy speaks out against Nike ad

    Rep. Sean Duffy speaks out against Nike ad

    As fans were getting hyped for the upcoming season, Nike brought back controversy with a new campaign featuring Colin Kaepernick . An NFL request to dismiss the case was denied last month, meaning there is sufficient evidence for it to go to an arbitrator.
    Ariana Grande Responds to Mac Miller's Tragic Death

    Ariana Grande Responds to Mac Miller's Tragic Death

    In a statement about her breakup with Miller, Grande said there were times when the "toxic relationship" took its toll. Toxicology tests have been requested, but Mac's official cause of death can not be confirmed until they come back.
  • British ex-Foreign Minister Johnson attacks government on taxes, rail

    British ex-Foreign Minister Johnson attacks government on taxes, rail

    His extraordinary comments came just hours after he announced he would be divorcing his wife of 25 years , Marina Wheeler. The announcement followed newspaper allegations the former London mayor had been having an extra-marital affair.
    Wildfire in Shasta County burns 15000

    Wildfire in Shasta County burns 15000

    Firefighters monitor a backfire while battling the Delta Fire in the Shasta-Trinity National Forest this week. They quickly grew together, showing extreme fire behavior and a growth rate of up to one miles per hour.
    Tiger Woods falls out of lead at BMW Championship

    Tiger Woods falls out of lead at BMW Championship

    As much as fans want to see Tiger succeed, it's hard to stomach the subjective enthusiasm seeping out of the broadcast booth. Cameron Smith completes the Australian contingent and his 68 left him at even par.
  • Trump Renews Attack on Critical Book

    Trump Renews Attack on Critical Book

    Cohn said on Tuesday that portrayals of him in Woodward's book are inaccurate. "I just want to find out what happened", he said. Asked whether he thinks any laws were broken, Trump Jr. said: "Listen, I think you're subverting the will of the people".
    US Adds More Jobs for August as Wage Growth Rises

    US Adds More Jobs for August as Wage Growth Rises

    The latest figure reflects a decrease of 46 000 unemployed people in August and a 423 000 drop in the number of people with jobs. Interestingly, the pay gains are not especially strong in areas where employers have been complaining about labor shortages.
    Tropical Storm Florence Becomes A Hurricane, Takes Aim At East Coast

    Tropical Storm Florence Becomes A Hurricane, Takes Aim At East Coast

    The National Hurricane Center's breakdown of storm strength says Category 3 storms can bring "devastating" destruction. Officials in the Carolinas, as well as Virginia, began preparing Friday for the storm's potential major impact .
  • Hurricane Florence's path: What to expect and when

    Hurricane Florence's path: What to expect and when

    As of midday on Tuesday, Florence remains a powerful category 4 hurricane with maximum sustained winds of 130 miles per hour . As the storm encounters the highlands of North Carolina and Virginia, it will likely increase its rate of precipitation.
    Read Alibaba chairman Jack Ma's letter to employees and customers

    Read Alibaba chairman Jack Ma's letter to employees and customers

    It said the total value of goods sold across all of its platforms rose 28 percent over 2016 to 4.8 trillion yuan ($768 billion). A global trade war is also hampering Alibaba's ambitions for worldwide expansion, including into the United States.
    Fan Confronts & Tries To Fight Kyle Busch During Post-Race Altercation

    Fan Confronts & Tries To Fight Kyle Busch During Post-Race Altercation

    He said afterward he meant no harm and added that he should send a cake to Truex's crew as a form of apology. The crowd responded with a thunderous boo, and Kyle Busch's eventful evening was off to a roaring start.