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Top White House economist fact-checks Trump on GDP claim

Top White House economist fact-checks Trump on GDP claim

President Trump was incorrect when he tweeted that more than a century had passed since quarterly economic growth last outpaced the jobless rate, the White House's top economist said Monday.

The national unemployment rate was at 3.9 percent in August, according to the Bureau of Labor Statistics.

Last Friday, former President Obama attempted to take credit for the Trump economy, arguing that he started a trend of economic recovery that continued into Donald Trump's presidency.

"Since 1948, there have been 63 quarters with a GDP growth rate higher than avg quarterly unemployment rate", Fox News Research wrote in a tweet, listing the most recent quarters with GDP growth higher than the unemployment rate as Q2 2018 and Q1 2006.

And while President Trump lying is a daily event, Fox News correcting or chastising him for lying is rare.




Hours later, Hassett said during a White House briefing that the GDP rate was higher than the unemployment rate for the first time in a decade. "It's the highest in 10 years".

"The history of thought about how errors happen is not something I can engage in, because from the initial fact to what the president said, I don't know the whole chain of command", Hassett 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. After sharing this fact, Lemon played a clip of White House Press Secretary Sarah Huckabee Sanders dismissing Bob Woodward's new book, Fear: Trump In The White House, as "careless and reckless".

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


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