Fox Business' Charles Gasparino Calls Out Trump's GDP Lie

Fox Business' Charles Gasparino Calls Out Trump's GDP Lie

Fox Business' Charles Gasparino Calls Out Trump's GDP Lie

White House economist Kevin Hassett fact-checked a seemingly extraordinary claim about the country's GDP growth rate overtaking the unemployment rate for the first time in more than 100 years.

Last month, White House Press Secretary Sarah Huckabee Sanders falsely claimed that Trump has created three times as many jobs for black workers as his predecessor Barack Obama did during his entire time in office. Economic data show this circumstance last occurred in early 2006, or about 12 years ago.

Gasparino's tweet referenced Trump's incorrect assertion that GDP had exceeded the nation's unemployment rate for the first time in 100 years.

In response, Trump did what he does best - talked utter bollocks that made little to no sense.

President Donald Trump spent the morning bragging about the economy.

"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". I guess I have a magic wand, 4.2%, and we will do MUCH better than this!

Barack Obama Rebukes Donald Trump Publicly For First Time
He also accused Trump of playing to bigots. "Saying that Nazis are bad?" "We're supposed to stand up to discrimination", he said. During his speech, Obama highlighted the seven Democratic candidates now running in the region and in highly contested counties.

"The notion that what we're seeing right now is just a continuation of trends is not super defensible", he said.

The president seemed to be imprecisely referencing remarks made by Obama at a town hall event in 2016, in which he questioned promises from Trump regarding manufacturing jobs, not economic growth.

"When people ask me, 'how's the economy doing?' I ask them, whose economy are you talking about?" "And usually the answer is, he doesn't have an answer", Obama continued.

Hassett responded to this error by quipping, "I'm not the chairman of the Council of Twitter Advisers". "It's the highest in 10 years". The bulk of that decade of growth was under Obama's presidency, and can fairly be credited to him. Recessions bookended the start and end of Mr George W. Bush's presidency and marked the end of Mr George H.W. Bush's.

But Trump got it wrong way wrong when he said it hasn't happened in a century. Trump said Monday in a posting on Twitter.

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