President Donald Trump was just corrected by the White House’s own chief economist shortly after he sent out a tweet incorrectly claiming that GDP growth was higher than the unemployment rate for the “first time in over 100 years.”
Trump was even forced to hide the tweet from his main Twitter page, because it’s a clear lie.
The funny thing about Trump’s tweet, is that even though White House chief economist Kevin Hassert is an ardent Trump supporter, and his main task on Monday morning was to defend Trump’s policies, even he had to admit it wasn’t true.
When he was asked about it he started to say: “Well, I can tell you what is true.”
WH chief economist Kevin Hassert on Trump’s incorrect Tweet on the economy: “I can tell you what is true….” he starts.
— Lauren Gambino (@laurenegambino) September 10, 2018
Eventually he was forced to say that the president was flat-out wrong and the correct number was 10 years, not 100.
The White House’s chief economist says that Trump’s morning tweet on GDP was incorrect. The correct number is 10 years.” Trump tweeted that it was 100 years.
— Kyle Griffin (@kylegriffin1) September 10, 2018
But, Hassert also made a lame defense of the president by saying one of Trump’s aides might have made the mistake:
“And at some point, somebody probably conveyed it to him, adding a zero to that, and they shouldn’t have done that,” he said.
Some more interesting facts on Trump’s economy that we’re learning: National debt of $21 trillion is now larger than the United States GDP. Under Trump, interest payments are $280 billion a year. That’s a lot of tax dollars going to just paying down the debt the United States has accrued over multiple years. While this isn’t Trump’s fault alone (after all, this has been happening for many years), it’s fair to mention that it also contradicts another claim made by Trump’s camp.
Here’s what Donald Trump Jr. had to say just four days ago:
“There’s not a single economic metric where we aren’t substantially better off than we were 2 years ago. What exactly are people resisting? Success? I don’t get it.”