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Trump’s Economic Mirage

August 12, 2018 · 10:56 am ET · Leave a Comment

President Trump “is pulling numbers out of thin air when it comes to the economy, jobs and the deficit,” the AP reports.

“He refers to a current record-breaking gross domestic product for the U.S. where none exists and predicts a blockbuster 5 percent annual growth rate in the current quarter that hardly any economist sees. Hailing his trade policies in spite of fears of damage from the escalating trade disputes he’s provoked, Trump also falsely declares that his tariffs on foreign goods will help erase $21 trillion in national debt. The numbers don’t even come close.”

Economy

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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