CNN’s Don Lemon slams Trump after his latest wild claim

12 September, 2018, 04:41 | Author: Mary Valdez
  • He retweeted Obama on Jimmy Kimmel's'Mean tweets segment of his late night show

GDP growth exceeded the jobless rate as recently as the first quarter of 2006, when unemployment was about 4.7 percent and quarterly GDP growth was 5.4 percent, government data show. During the day hours of Fox News, Shep Smith often defends the intelligence agencies.

A number of news outlets fact-checked the tweet after it was posted. He looks at things like business investment, for example, trying to make the point that not only is the USA economy doing well but that President Trump deserves the credit for that. "Like, from the initial fact to what the president said, I don't know the whole chain of command", Hassett said.

In the 70 years since the Labor Department started publishing monthly jobless numbers, the growth rate has been higher than the unemployment level more than 20 percent of the time when compared with GDP, which is reported quarterly. "And at some point, somebody probably conveyed it to him, adding a zero to that, and they shouldn't have done that", Hassett said. "You'd have to talk to the president about where the number came from, but the correct number is 10 years". I guess I have a magic wand, 4.2%, and we will do MUCH better than this! "We have just begun", Trump tweeted. "I have to say to President Obama, it wasn't him, and if the Democrats got in with their agenda ... instead of having 4.2 [percent GDP growth] up, you have 4.2 down, you'd be in negative numbers".

"It's definitely better when it's true than when it's not", said Justin Wolfers, professor of economics at University of MI. "And, usually, the answer is he doesn't have an answer".

"I'm glad it's continued, but when you hear about this economic miracle that's been going on, when the job numbers come out, monthly job numbers, and, suddenly, Republicans are saying, 'it's a miracle.' I have to kind of remind them, actually, those job numbers are the same as they were in 2015 and 2016", he said during a speech in IL.

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Obama entered office amid the severe economic downturn known as the Great Recession.

Economists generally acknowledge that growth has accelerated this year compared with 2016 and 2017, and a lot of them partly credit last year's tax cuts for fueling more consumer and business spending. The U.S.is now its 10th year of economic growth, and in its longest period of growth with 95 straight months of job creation. House Minority Whip Steny Hoyer (D-Md.) credited the former president for the improving economy, while unveiling an update to his job growth platform.

Manufacturing jobs make a comeback under Trump: Just today, a headline at the liberal Washington Post read "Under Trump, the jobs boom has finally reached blue-collar workers".

Obama and his political and media allies have tried to take credit for the improving economy since those trends started strengthening. He told Salon's Amanda Marcotte that Republicans have a responsibility for allowing Trump to happen and for not doing more to rein him in. "The leadership thought, 'We're going to let this guy play it out".

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