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After a Good Jobs Report, Trump Now Believes Economic Data
If it looks like President Donald Trump’s portrayal of the American economy is getting less dismal—even as the major economic indicators remain fairly constant—that’s because it is.
During his presidential campaign, Trump attacked the Labor Department’s official estimates of the number of jobs added each month as “phony” and “total fiction.” He said that Americans were living in a “false economy,” and repeatedly said that he believed that the U.S. unemployment rate is as high as 35 percent. (It is currently 4.7 percent.) Even after Trump won the election, Treasury Secretary Steven Mnuchin, repeated this claim at his confirmation hearing in January, saying, “The unemployment rate is not real.”
But as many expected, Trump has been a bit more upbeat about America’s economy since taking office. On Friday, many eagerly waited to see how Trump would characterize February’s stellar jobs report. He retweeted the Drudge Report’s take, which characterized the latest jobs report as “GREAT AGAIN.”
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Good statistics are NEVER 'fake news" !
Wait till the CBO scores the Trumpcare Bill. The ADMIN is already labeling the CBO scores as "fake". They KNOW what is coming. Let's see how the R-tribe tries to hide and run from this whole mess including the costs AND all of this with actually raising what health insurance will cost some groups including those 50 and over with minimal income and no employer provided insurance.