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Old 05-30-2019, 09:40 AM  
BaldBastard
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Join Date: Jan 2001
Location: Sydney
Posts: 15,873
Maybe he's deflecting from his own appointed commerce department saying the USA is headed for recession? And that the short term cash bonus for corporate billionaires and stock piling was the only thing boosting the Q1 result.

https://www.foxnews.com/us/us-econom...3-1-rate-in-q1

Mark Zandi, chief economist at Moody's Analytics, said he believes GDP growth will slow to 2.3% this year but that forecast is based on a truce in the coming weeks in the trade spat between the world's two biggest economies.

"If the trade war escalates and the president follows through on his threat to raise tariffs on all Chinese imports, GDP growth will fall below 2% this year and unemployment will start to rise," Zandi said. "The risks of a recession will become very high."

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Keep in mind Trumps historic high debt levels and borrowing.. are based around 3% + GDP growth ;)
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