Top White House economist fact-checks Trump on GDP claim

Alicia Cross
September 13, 2018

The Trump administration has been in trouble in the past for inaccurate economic statistics with CNBC reporting that White House spokesperson Sarah Huckabee Sanders made false claims about the black employment rate.

Kevin Hassett, chairman of the Council of Economic Advisers, on Monday told reporters President Donald Trump tweeted an incorrect claim that United States gross domestic product had surpassed the rate of unemployment for the first time in more than a century.

Certainly, the economy is in usually good health: job creation has averaged 211,000 net new positions a month this year, the highest since 2015, when Mr Obama was in charge.

Another prominent Trump ally who contradicted the president's claim was the chairman of the Council of Economic Advisers, Kevin Hassett.

On Monday morning, Trump claimed on Twitter that "The GDP Rate (4.2%) is higher than the Unemployment Rate (3.9%) for the first time in over 100 years!"

"Just when Hillary Clinton said she was going to start running a positive campaign, she ripped off her mask and revealed her true contempt for everyday Americans", Jason Miller, a senior communications adviser for Trump's campaign, said in a statement at the time.

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In earlier court filings, NAI had dropped support for a deal before it was sued in May by CBS for control of the company. He was regarded as one of the most capable programming executives in television, and one of the highest-paid as well.

"And at some point, somebody probably conveyed it to him, adding a zero to that, and they shouldn't have done that", he said.

Hassett's press briefing was largely supportive of Trump's record on the economy, and the comments about the erroneous Twitter post came in response to a question from a reporter.

Most recently, in the first quarter of 2006, the gross domestic product grew at a rate of 5.4 percent, while the unemployment rate was 4.7 percent in January, 4.8 percent in February and 4.7 percent in March.

Barack Obama's recent denunciation of President Donald Trump's treatment of the press overlooks the aggressive steps the Justice Department took to keep information from the public when he was president.

Here's Hassett explaining how historians will "100 percent accept the fact" that the economy improved after Trump's election.

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