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DonViejo

(60,536 posts)
Sat Jul 28, 2018, 07:56 AM Jul 2018

Trump to Hannity: I Can Get GDP Growth Up to 8-9%


by Tamar Auber | Jul 27th, 2018, 5:07 pm

On Friday, President Donald Trump, who answered no questions from the press at an earlier speech on the economy at the White House, made a surprise appearance on Sean Hannity‘s radio show to tout the economy and declare that with the help of trade deficit cuts, the GDP may soon see 8 or 9 percent growth.

Trump started out by saying that the economy was “far ahead of what anybody thought” except of course himself, who has known all along. Then, he said this about how much greater the American economy was bound to get as long as trade deficits are cut in half:

“We’re doing great. We could do a lot better, the fact is that if I can cut the trade deficit from $817 billion, think of that, we have a trade deficit with other countries — that’s trading with other countries, 817 billion — if I cut it in half, right there, we’ll pick up 3 to 4 points, so you could add that to the 4 of 5 and so we’d be at 8 or 9. Now, I don’t want to say that too much and I didn’t want to say too much during the campaign because I would have been criticized, people wouldn’t have believed it… But now they’re starting to believe.”


Taking a jab at his critics, Trump further added that unlike him, who has known all along about how to make the economy great, American economist and Distinguished Professor of Economics at the Graduate Center of the City University of New York Paul Krugman, “doesn’t know a thing.”

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https://www.mediaite.com/trump/trump-to-hannity-i-can-get-gdp-growth-up-to-8-9/
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Trump to Hannity: I Can Get GDP Growth Up to 8-9% (Original Post) DonViejo Jul 2018 OP
Not without immigrants greymattermom Jul 2018 #1
I think that's how Trump will sell immigration to his base hexola Jul 2018 #7
His lack of understanding of basic economics edhopper Jul 2018 #2
Why not, it's all just numbers TheFarseer Jul 2018 #3
Such a wimp. Make it 89% dalton99a Jul 2018 #4
Don't repeat his lies EndGOPPropaganda Jul 2018 #5
His ignorance is staggering. smirkymonkey Jul 2018 #6
that 'hair' on his head is eating his brain...slowly but surely spanone Jul 2018 #8
I thought it was the other way around. peekaloo Jul 2018 #10
Trump IS a gross national product. peekaloo Jul 2018 #9
 

hexola

(4,835 posts)
7. I think that's how Trump will sell immigration to his base
Sat Jul 28, 2018, 08:51 AM
Jul 2018

"We're booming and getting so rich we need more workers to keep up with growth..."

I mean - who would ever expect a big project construction guy to be pro-immigrant labor?!!/sarc!

TheFarseer

(9,322 posts)
3. Why not, it's all just numbers
Sat Jul 28, 2018, 08:27 AM
Jul 2018

Why not just say 15% or 45%? When Obama says you can keep your own doctor and one guy in Alabama couldn't, that makes him a liar. But with Trump, is it really a lie or a delusion?

EndGOPPropaganda

(1,117 posts)
5. Don't repeat his lies
Sat Jul 28, 2018, 08:38 AM
Jul 2018

Repeating Trump helps Trump.

We’re not going to break out of this nightmare until media members start covering his lies correctly.

 

smirkymonkey

(63,221 posts)
6. His ignorance is staggering.
Sat Jul 28, 2018, 08:42 AM
Jul 2018

He really just pulls this stuff out of his ass with nothing to support it.

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