White House Corrects Trump’s Tweet on GDP, Unemployment

President Donald Trump boasted Monday in a tweet that it's the first time in more than a century that America's gross domestic product growth is higher than the unemployment rate.

The GDP Rate (4.2%) is higher than the Unemployment Rate (3.9%) for the first time in over 100 years!

Of course, anyone paying attention at all during Obama's tenure in the White House knows this is peak absurdity; Obama himself frequently fomented hatred and division based on race, gender, economic status, and political ideology.

"What magic wand do you have?" he asked.

President Trump has spent a good part of the morning tweeting about the economy, while his surrogates, especially Kellyanne Conway, have been keeping the anonymous New York Times op-ed in the headlines. Trump said on Monday in a posting on Twitter.

In 2006, unemployment was about 4.7 percent and quarterly GDP growth was significantly higher than it is now, at 5.4 percent, according to data.

"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".

Hassett said he could not explain how Trump obtained the false information.

And indeed, most of Hassett's comments were flattering as he praised Trump's record on the economy.

Last Friday, former President Obama attempted to take credit for the Trump economy, arguing that he started a trend of economic recovery that continued into Donald Trump's presidency. Trump has been in office less than 20 months.

Vanessa Coleman

Comments