Exchange of the Day

President Trump was interviewed by Kristen Welker of NBC News:

WELKER: Some people on Wall Street have expressed concerns that the possibility of a recession is increasing, and I want to know what you think about that. Are you comfortable with the country potentially dipping into a recession for a period of time if you are able to achieve your long term goals?

TRUMP: Well, you know, you say, some people on Wall Street say. Well, I tell you something else. Some people on Wall Street say that we’re going to have the greatest economy in history. Why don’t you talk about them? Because some people on Wall Street say this is –

WELKER: That’s what I’m getting at.

TRUMP: There are many people on Wall Street who say this is going to be the greatest windfall to ever happen.

WELKER: And that’s my question, long term, is it okay in the short term to have a recession?

TRUMP: Remember this. Look, yeah, it’s everything’s okay. What we are. I said, this is a transition period. I think we’re going to do fantastically.