Trump wants Obama to know he has a 'magic wand'

President Donald Trump is using the strong performance of the American economy as a weapon against Democrats

President Donald Trump is using the strong performance of the American economy as a weapon against Democrats

The economy grew at a 4.2 percent rate in the second quarter, the best performance in almost 4 years. "I complained plenty about Fox News, but you never heard me threaten to shut them down, or call them 'enemies of the people'".

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.

In fact, US GDP growth has been higher than the unemployment rate in several quarters during the last century, including, most recently, in 2006.

Twitter had fun with Trump's fake news - and the takedown by Fox.

Hassett told skeptical reporters that the GDP has been higher than unemployment for 10 years and speculated that someone may have given Trump that information with an extra zero accidentally added to the 10.

Trump tweeted that President Obama once said, "President Trump would need a magic wand to get to 4% GDP". But Obama was actually talking about boosting manufacturing jobs, not economic growth.


The name Kevin Hassett was trending on Twitter this afternoon after the White House economic adviser held a wild press briefing in-which he claimed Donald Trump is responsible for positive economic numbers, admitted the president pushed a false figure on Twitter, and did so while smiling as hard as humanly possible.

"I'm not the chairman of the council of Twitter advisers", he said.

"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".

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

Before taking office, Trump regularly accused federal officials of falsifying economic data.

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