White House Corrects Trump’s Tweet on GDP, Unemployment

Eileen GuzmanSep 12, 2018

"The president wrote: "'President Trump would need a magic wand to get to 4% GDP, ' stated President Obama.

While the numbers cited by Trump are true, the truth in how long it has been since that last occurred sees Trump well short, with the GDP growth rate outstripping the unemployment rate most recently in the first quarter of 2006. Economists do not usually compare the GDP rate, which measures the pace of economic growth, with the unemployment rate in that way.

The president claimed the GDP rate was the highest in 100 years.

"It was 100% my fault and I apologized immediately", Hassett said, hand over his heart.

"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". "We will do MUCH better than this!" "When you hear how great the economy's doing right now, let's just remember when this recovery started", he said in a speech kicking off a midterm campaign blitz.

In fact, Obama had been talking about manufacturing jobs - not economic growth - and had said, "He just says, 'Well, I'm going to negotiate a better deal.' Well- what - how exactly are you going to negotiate that?"

When Hassett on Monday was asked to expand on Trump's tweet and his apparent error, he said to reporters, "I'm not the chairman of the Council of Twitter Advisers".

Hassett said he suspected someone "added a 0" to the fact as it was "conveyed" to the president. "It wasn't him." He added that the recovery under Mr. Obama was the weakest in history.

Earlier in the day, Trump made the claim on Twitter.

"It is wrong for a President to use divisive language", Rubio factitiously agreed with former President Obama, before listing examples of Obama's divisive tactics, such as labeling opponents of same-same marriage as "bigots", calling the pro-life movement a "war on women", categorizing those who want immigration laws enforced as "racists", and suggesting Republicans are the "enemy of Hispanics".

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