Trump had created 5.6 million jobs though the second quarter of the year. Employers added 164,000 jobs in July.)
Although Conway offered a rosy depiction of the economy, the reality is more complicated. Unemployment is at 3.7 percent, just a tick above a half-century low of 3.6, where it sat for two months. Job creation has been steady, even if the levels under Trump are still below those that took place during theBut Trump's trade war, which he previously said would be easy to win, is dragging on, and its global impacts are becoming more apparent.
Consumer sentiment, which Conway touted, decreased 6.4 percent according to preliminary figures published Friday, dropping to its lowest level since January. Richard, a professor at the University of Michigan's Survey Research Center, which releases the figures, wrote that Trump's threat to impose new tariffs on Chinese imports had spurred the slide in sentiment.
U.S. business investment slowed last quarter, although it dropped less than predicted. Central banks have pursued aggressive rate cuts and figures released last week showed that Germany's economy, the 4th largest in the world, had contracted last quarter. China's economy grew at the slowest rate in nearly 30 years last quarter. And AP, the world's largest shipping company, which is used to assess trade sentiment, said last week that the trade war had stunted growth.
Although a recession will come eventually, it isn't guaranteed to occur during Trump's presidency. But the president, who built his appeal on improving the economy and has sought to take credit for the economic successes, is positioning himself to avoid blame for any possible downturn. The president has regularly lashed out at the Federal Reserve, claiming that that the central bank has stunted economic growth by raising its interest rates too quickly.
It’s important to lure these people out into the daylight so we know how dangerous they can be and to make sure they disappear out of our lives in the next election. They talk nonsense, yes, but it’s to remind us not to let it happen again
‘N’ is for
Best pic I've ever seen of her
Funny
No clue why anyone talks to this person. KellyannePolls knows nothing. She says nothing. And nothing she says is ever news or even true. Why is she still being quoted? Honestly, I don’t know why anything that comes out of this regime in the WH is being covered. It’s lunacy.
of course Sesame Street.. That's about her level.
Well, it is her education level so...word of the day remains “recession”
Please stop making her famous
Resemblance? kellyanne dancingclown
KellyannePolls needs to make sure that who she was speaking to could understand
She will say anything for a buck.
Anything for a buck Conway.
She's a joke.
Why does the media keep insisting on giving Meth-head Barbie a platform?
sesame street pretty much describes the white house
Sadly, Sasame Street did not have a parrot as one of the characters in the program. If they did, Kellyanne would be able to understand how much her words mimic those of Mr. Trump.
Sad when Media and Democrats want a recession. KellyannePolls is a Savage
Why doesn't she just stop talking. 'The base' is too stupid to disagree and people with an actual brain just want him to have a fatal stroke.
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