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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsTrump 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 Hannitys 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:
Were 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 thats trading with other countries, 817 billion if I cut it in half, right there, well pick up 3 to 4 points, so you could add that to the 4 of 5 and so wed be at 8 or 9. Now, I dont want to say that too much and I didnt want to say too much during the campaign because I would have been criticized, people wouldnt have believed it
But now theyre 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, doesnt 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
greymattermom
(5,754 posts)1. Not without immigrants
Who will do the work if we don't bring in new folks?
hexola
(4,835 posts)7. I think that's how Trump will sell immigration to his base
"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!
edhopper
(33,570 posts)2. His lack of understanding of basic economics
is truly staggering.
TheFarseer
(9,322 posts)3. Why not, it's all just numbers
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?
dalton99a
(81,451 posts)4. Such a wimp. Make it 89%
EndGOPPropaganda
(1,117 posts)5. Don't repeat his lies
Repeating Trump helps Trump.
Were 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.
He really just pulls this stuff out of his ass with nothing to support it.
spanone
(135,823 posts)8. that 'hair' on his head is eating his brain...slowly but surely
peekaloo
(22,977 posts)10. I thought it was the other way around.
His brain must be starving for sustenance.
peekaloo
(22,977 posts)9. Trump IS a gross national product.
The only thing he's truly growing are chins.