Trump's top economic advisers try to calm recession fears

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'We're going to have a strong economy through 2020,' Trump's top economic advisers say.

“Before I came to the White House, I spent a better part of 20 years forecasting the business cycle and stock market trends, and what I can tell you with certainty is that we're going to have a strong economy through 2020 and beyond with a bull market,“ Navarro said on “This Week“ on ABC.— a pattern that has occurred before every recession since the 1950s.

The unemployment rate in July was unchanged from the previous month at 3.7 percent, while average hourly wages were up 3.2 percent over the previous year, up slightly from June but a slowdown from early in the year when wages hit 3.4 percent. “Meet the Press“ host Chuck Todd noted that Kudlow wrote in December 2007 that there was “no recession coming“ just months before a massive downturn.Appearing on “This Week,“ Sen. Kirsten Gillibrand disagreed with Navarro's economic outlook, saying she is "concerned" about the possibility of a recession and so are the people she is meeting on the campaign trail.

“I'm concerned because I think 'NAFTA 2.0' is a disaster," Gillibrand said, referring to Trump's North American free trade agreement. “I think it was a giveaway to drug companies in Mexico. It's going to harm our jobs. President Trump said, 'No bad trade deals.' Not only has he entered into them but he's started a trade war with China, and it's really harming producers.

Appearing on CNN's “State of the Union,“ Navarro said the new U.S.-Mexico-Canada Agreement that would replace NAFTA should have passage by early October, “if Congress rises above partisan politics.“ And as for the China tariffs, Navarro insisted, “They're not hurting anybody here. They're hurting China.“

 

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Of course, what else can he say? He’ll get fired in a heart beat if he says otherwise.

“Trump's top economic advisers say...” 🙄

trump’s team is busy churning out propaganda!

Liar.

Just proves it’s gonna tank!

There's a rumor that he was slurring his words on Sunday....

Says TV economist kudlow who also didn’t see the 2008 recession coming. Remember that one? The one left by the last Republican President and cleaned up by President Obama. trump

The top economic advisers are not necessarily economists (Kudlow) and their track record in these matters is dismal (2008). Presidementia TestTrumpsMind

StepfordSycophants

Is it true that Kudlow does not have even an undergraduate degree in economics?

I call BS

Coming from the same imbecile that wants to buy Greenland. Don't believe a word he says.

Then what Larry? Elect trump again and watch the crash?

He had to get sloshed before making the news show rounds to say that.

hic except for the recession hic

'Trump's advisers'. Says it all right there. If there is ever anyone who you shouldn't believe it would be one of Trump's 'advisers'. They only say what they are told to say, nothing more. This is this week's company line.

Nonsense! realDonaldTrump Fake trade war to make him “appear” as some tough negotiator has returned home. RecessionIsComing LarryKudlowIsInebriatedAgain TrumpEconomy

Yup.....we are going to find out just how John Brennan “hangs” around🇺🇸✌🏻👌🏻 Only 4 at a time could take awhile!

And the US is just pulling in billions of dollars from the tariffs. That’s why they want to wait after Xmas to pull in more billions

Until their tariffs go through. Than all bets are off. Just long enough for the corporations clear their shelves for Christmas

“Then it will tank and a Dem will have to clean it up again.”

Let me guess: they're both rich as f-

So that's the economic plan -- deny economic reality until the election and then blame the Fed.

That's why he was drunk on Sunday morning shows....cuz everything is cool.

As he stubbles and slurs his way through a televised interview........

We’re are the people of this economy trump claims are so wealthy my income hasn’t changed inflation takes more money away from surviving prescription pricing are worse, house prices are out of line, rental property as gone up no we are not rich or wealthy people we are worth less

Apparently the FAKE NEWS media has changed from Russia, Russia, Russia, to Impeach, Impeach, Impeach, to Racist, Racist, Racist, and now Recession, Recession, Recession! Don’t they know we don’t believe or even listen to them anymore

Oh no Liberals don’t want that, surely they are upset about this news...

Trump dummies just believe

How do people like Kudlow who are so oblivious become millionaires? Why would anyone hire this person to manage money?

They’ll say anything he wants.

Trumpaganda

Repubs, and their danged recessions.

PaulmmlNacho What a bozo 🤡

It doesn’t matter which party is in control. Both consistently serve the money-grubbing interest of the 1% while more people are thrown into poverty and our cities, infrastructure, and institutions crumble around us. capitalism

I felt better about it until he said this.

People in here clapping for the economy to fail. Wtf? It's not still Mueller time?

Oh, geeze......shoulda kept his big mouth shut. Economy’s gonna tank. LarryKudlow EconomysGonnaTank

Prediction: The whole kit and kaboodle in the WH are laying the groundwork for another upward transfer of wealth from the public sector to the private sector in the form of bailouts. They will enrich themselves and blame Social Security and Medicare. When will we ever learn?

'We're going to have a strong economy through 2020,' ....and then its going to soil itself like a post-3 day Taco bravo bender, but we'll have our second term to finally scorch-earth the Republic so that's cool.

What kind of a person do you have to be to cheer economic collapse to spite Trump?

Kudlow, who serves as the head of the National Economic Council, had uttered similar doubt ahead of the 2008 recession, writing in 2007, “There’s no recession coming. ... The pessimistas were wrong.” Enough said!

Stop normalizing this fuck

Prayerful that Comrade Larry prefers Kentuckistan Bourbon.

Trump will intimidate, threaten and lie to ensure the numbers 'look' good. Smoke & Mirrors

(x) Doubt

What’s funny is that people still believe him.

We know they lie so get ready for a recession. Hey your emergency fund built and pay off as much debt as you can afford.

We’ll have one whether we do or not. Policy requires it.

And you believe what comes out of the WH? 😂😂😂

Kudlow isn’t an economist how can he possibly be the top economic adviser

TrumpRecession is on it's way.

😂😂😂

Whatever! it is also going to rain in 2020.

Larry Kudlow has NEVER made a CORRECT economic projection.

We’re u expecting him to say anything different..tote the line of “it will be the strongest economy of any president’s going into an reelection”

While drunk

Not so much! The Obama work on the economy has run its course. The djt loser economic plan is now taking over. Too bad. 🤥. 😭😭. Wah wah!!

Baghdad Bob Kudlow you mean.

And we all know how Trump picks his advisers. Knowledge doesn't matter as long as you agree to everything he says.

He should really have to blow in a breathalyzer before going on talk shows.

He used to have a grip on the economy, but he now sings the bosses tune no matter if the lyrics fit the music or not.

ALL LIARS

He may have played one in TV but he isn’t an economist.

Why do supposed news organizations lead with headlines that are just quotes? That’s irresponsible.

Good luck

Just the fact that Larry Kudlow is the best trump has to defend him is... laughable.

Unfortunately it’s too late. A recession is coming. It’s just a matter of whether or not Trump can delay it until after the election. He doesn’t care if he makes it even worse, so long as it is delayed so he has a better chance at re-election.

The very same guy that publicly supports the assertion that “tariffs does not affect American consumers... but we just decided not to raise tariffs just in case it might affect them” 🤦🏽‍♂️

Even his Economists are Liars.

Kudlow was a lousy tv financial advisor and an even lousier liar for realDonaldTrump

They are going to try desperately to keep it under wraps until after the election. I wish the media would stop quoting the sociopath and expose him and his puppet masters👊🏾🙏🏾

These “economic advisors” are a bunch of tools. They lie as prolifically as Trump. They all lie. Navarro is almost as prolific a liar as trump: more educated, but just as dangerous to America’s future.

Pigs are also going to fly.

ok! (rolling eyes, rolling on floor laughing)🤣🙄

A country where over half of working Americans live paycheck to paycheck is NOT a 'strong' economy, no matter how you cut it.

Bullshit. We know it. And they know it.

LOL what else is he going to say😂

Labor participation rate dropped only 0.3% Since Trump took office Higher inflation keeps net wage gains on par with last decade 1st rate drop since Obama’s economic turnaround because of trade war uncertainties And Fred Trump’s son has set deficit spending records to get here

Kudlow has the IQ of a Walnut as much economic knowledge as a peanut

What does he say when he's sober?

Love all the negativity

Haha

Sure only if you’re the one percent!

More lies. We'll have a strong economy once Trump is out of the White House.

Of course we are.

I’m sure he has threatened them. Nobody can be truthful during the reign of Trump.

Slurred I think is a better choice of words!

Yes. Let’s talk it away.

'End of capitalism has begun. Without us noticing, we are entering the postcapitalist era. At the heart of further change to come is information technology, new ways of working and the sharing economy. The old ways will take a long while to disappear, but it’s time to be utopian'

By being drunk on TV. That certainly builds confidence...

Absolutely

Define “we”

Top advisor with bottom-feeding report. Just stop.

I'm hoarding my money anyway, just in case.

NOTHING SELF SERVING ABOUT THAT FORECAST HUH? SHAME THAT'S NOT WHAT MOST ECONOMISTS ARE SAYING!

He has no idea what he is talking about!

😂😂😂😂😂😂

Too bad bond investors don’t agree.

The guy has no degree in economics! He’s a fraud and will say anything Trump tells him to say to make it appear the economy is no where near a downward swing, when it is! Desperate acts to save Trumps ass for re-election. So goes the economy, so goes Trump.

Strong economy for who?

Same guy who said the unindicted coconspirator Individual 1 white supremacist realDonaldTrump is gonna buy Greenland! 🤣🤣🤣GreenlandMFA

Didn't this same guy say there was nothing to worry about back in 2007?

This guy is a joke. He's never right.

Lying come so naturally! larrykudlowCNBC in ‘07: there is no recession coming! 2008 markets tank, housing market sinks, banks stop lending money, banks, mortgage companies and auto industry bailed out and we suffered 2nd depression in history! gopfraud shamelessgop

Two weeks later

TrumpPuppet

They lie. Trump is working hard to destroy what Obama built. How much welfare has been given to the farmers to cover up Trump's incompetence?

Bs

Maybe he can get a better looking suit.

Too Bad realDonaldTrump Has Been Living On BarackObama Economy Now realDonaldTrump IsDestroying It TrumpCrashingEconomy

last time he said that the economy tanked-

At least we'll be told that through 2020.

I smell BULL$HIT

Tell that to 45 who's killing us w/ his trade wars!!! ETTD TrumpRecession

Let's hope so

Did we as Amer learn anything from 2007 Fininanual crash? Or does fear&Greed still rule over Capital Hill? Remember ring around&Musical chair. If chairs are books of stocks? you take a seat? Is smart money telling investors to buy high? ElectonicTrading worker pensions LOST Why

Translation: America is having a recession in 2020.

Trump is in a panic and having daily meltdowns. So his advisors can’t tell him the truth, bc he’d probably do something insane. The economy is the only thing he can hang onto..

Wonder y hes so happy to give the benefit to trump he got something on him too..he probably play in Jeffrey Epstein playground too

Gaslighting AGAIN 🔥🤬

Lies we are going to have a recssion

This is a dangerous lie! George Bush told us the he economy was in great shape just before Obama was inaugurated. Remember? The economy had tanked and sent us into the Great Recession which Obama inherited and was able to turn it around and save us from a “ Great Depression.”

Recently the Supreme court stopped DEM from extreme fines on public to fill the pockets. The government is corrupt. The people will be in recession just like the depression. Black angel is Mitch & Mrs McConnell Steve Mnuchin false flag white house Deep state Trump sends to Cuba?

Ahhh . . . but then what happens ? ___________

Bush's advisors said the same thing in 2007

Thank you Obama for setting the stage for this beautiful and continuing economic recovery

TrumpTariffsSuck TrumpHatesAmerica TrumpHatesUSAmericans TrumpRecession

The only thing we know for sure is if a Democrat gets in the economy will tank, along with retirement funds invested in the market. Will have to see with Trump.

Go home Kudlow - you are demented.

It may well be, but this guy's academic career doesn't exactly justify optimism in his predictions. Wikipedia: Kudlow graduated from University of Rochester in Rochester, New York, with a degree in history in 1969.

😂Do not think so

BS

“And then, all hell breaks loose” 😂

Is this the same Kudlow who said in 2007 not to worry about the economy?

And housing bubbles don’t burst!

Have another whiskey sour there Larry.

In other words, invest in secure funds and hunker down. The future will be turbulent. The sh** will hit the fan. Soon.

Delusion shouldn’t be the desired trait of every presidential advisor.

Ok when this guy talk - do/expect the opposite - he is clueless probably just a degree more than or less than StephenMoore

Riigghhhtttt.

Kulow the clown calling another top.

Larry is lying to you.

Ok, just us say you're right. When will it start? I'm still waiting. I can't wait tell hell freeze over, but T can cause he ripping the US Government off.

Does this mean that POTUS will now pay the government back for all of his golf expenses, his time spent at Mar Lago, and his rallies?

“I guarantee you, the rain will never come back!“

Don’t give them TDS heartburn Larry...

Thank you Baghdad Bob

This is nothing but a classic “I-was-asked-to-come-out-and-say-these-lies!” dontjumpshipcult bewareofthesinkingSWAMPship

Unbelievable!

What he forgot to say: “But come December 2020, the economy will sink like a cannonball in a swimming pool. And it won’t matter because my boss will have been re-elected and that’s all that matters.”

Is there anyone in the audience that would think he would say anything different than he did. Like the truth or anything?

Americans have zero reason to believe anything that Trump or those loyal to Trump have to say. Trump has zero credibility because of his inability to tell the truth. Trump himself caused this.

When someone buys a thriving casino and then bankrupts it, I'll look to actual economic experts who have dedicated their lives to tracking the economy. Just trying to force people to believe something different than their eyes are seeing won't prevent a recession. plutopolitics

“We're going to have a strong economy through the fist week of November 2020,' Trump's top economic advisers

Bull

I remember hearing these same words in 2007. Nobody clever believed it then either.

So said the Magic 8 Ball. GOPLies TrumpSlump is coming.

Haha

Pandering for votes already?

BS

If we do, it won’t be due to anything trump does

the whole lying klan of trumpbutts.....

larry_kudlow And when America doesn’t realize that robust economy in 2020, Kudlow, you give us an oops? Something tells me, when you don’t finish a Masters in Economics, your grasp of Economic Fundamentals is lacking.

“Trump’s” economic advisors, most of whom are NOT ecomists at all, but washed up Fox ‘news’ personalities, have told us almost as many lies as their serial liar boss and can therefore claim no credibility whatsoever. Where’s our economic growth of 3% per year from his tax scam?

He is drunk again.

Please, This is a mess of his own making!

Ya sure

Just like 2007-2008 when Kudlow was wrong about everything.

From the guy who was wrong in 2008. Don’t feel very reassured right now.

His attorney of 10 years and the campaign manager he didn’t know did nothing wrong too, yet both sit in prison. DirtyTrump is a liar who speaks in criminal code speak. FuckDirtyTrump

Now I am worried....Kudlow is the dumbest wanna be on economics in American history.

Larry said , (Don't be afraid of optimism), They also said that to the people who were loaded on trains in Poland and Germany and were told they were going to a better place.

And you can tell he believes it because he showed up drunk on a Sunday morning to push this narrative.

Yes he said that when Bush was president and months later we had a recession

....lost! Get over it!

There’s no recession fears except in the minds of the liberal media and democrats. Just likebthe concern over Trump pissing on whores in Russia, the stock market crash if he gets elected, Russian collusion and the others. All made up by the liberal media and democrats. Hillary...

Wow you guys are posting something positive?

He is a lying conman just like his boss

Sure, if you say so - NOT! What happened to you, Kudlow? You used to be vehemently anti-tariff when you were at CNBC. You sold your soul to the devil!

Media still haven't learned not to quote propaganda in their headlines.

Trying to calm re-election fears.

They haven't had a 'strong ' economy yet

🤣😂🤣😂🤣😂😂 joke right?🙄🙄🙄

I hope so

This must be for the people who don't do their own research. It's obviously not for anyone paying attention.

Guarantee you if/when the numbers show the economy has slipped into recession, the Trump admin will attack economists and insist that they are lying. And the MAGA base will swallow it hook, line and sinker.

SICKO! The crew in the White House has NO IDEA if a recession happened, how to handle it! They just keep on spending!!

Only if Trump, self proclaimed King of Debt, doesn't further ignorantly undermine the Obama economy he was handed & continues to take credit for. Through 2020 is all these despots care about. Don't collapse before the election. That's not America first. That's Trump first.

That’s because they don’t know how to do their jobs, just like the rest of the administration.

And I’m going to bench press 350 in 2020!

Opposite Day for the Trump administration. We should all be worried when a wanna be real economists tells you this.

And I have some land in South West Florida to sell you, or would you prefer that bridge in Brooklyn.

The stock market tanks this past week, economic indicators predict a possible recession, time to roll out Larry “the Suit” Kudkow as the administration’s lying talking head!!

Back on the drugs again I see!!!!

Gaslighting

To me, this was the dead coal-mine canary. The company that's supposedly leading the world in innovation, the theoretical economic engine of the information age, hasn't had a real innovative product in 13 years, and now we are supposed to be wowed by... a new color of iPhone.

Threatening the economy just doesn’t work like it does with the entire GOP party..,PutinsGOP maga

I would also say that if I were the economic adviser to Corrupt Elite in Chief MakeAmericaVoteWisely bullshitnews

TALKING the economy down from the ledge? There's no safety net stimulus left as tax cuts maxed, int rates near zero, govt spending has driven the deficit over $1.1 trillion this yr. Interest on the debt now is $483 Billion from $240 Bil in 2016(CBO). 10,000 boomers retire daily!

Then it will crash like a Boeing

Kudlow also predicted that we WEREN’T going to have a recession in 2007! He was right back then, he’s probably right now?

Larry Kudlow, December 2007: 'There's no recession coming. The pessimistas were wrong. It's not going to happen. ... The Bush boom is alive and well. It's finishing up its sixth consecutive year with more to come.'

12K+ false claims since his inauguration. Thoughts and prayers.

Trump top economist ispreading lies and fake news! For the last two months economy experts have all said on the major news networks that this country economy will experience a slow down raising the red flags of a recession! Trump is only making it worst America! impeach45Now

The Best Lie YetFool’s Gold

Not what experts are saying.

And I have a bridge in Brooklyn for sale

This is the WhiteHouse's way of saying, 'Welcome to the TrumpRecession.'

He says w his fingers crossed. In case ur inclined to agree w him, there’s this👇🏽👇🏽👇🏽

Clearly zero bias in their analysis.

The bond market is saying otherwise. If forced to choose between Larry Kudkow and the bond market, I’ll go with the bond market every time.

He’s too drunk to believe anything!

No one google what Comrade Larry said in 2007 about the prospects for global economy in 2008

What else would they say? The stable genius is hurting the economy with his ill-advised tariffs.

Thanks to Barack Obama .!!! Because that great TAX CUT $18 raise after 20 years of military service just ain't cutting it.! That was just an insult.! Can't even take my family and one friend to Burger King with that.!!!!!!!

But those who work for Trump are no more to be trusted than Trump himself. A liar surrounds himself with liars.

They’ll keep saying it until he gets defeated.

Oh no!

And I say I'm a supermodel. Just cause ya say it, don't make it true. LIARS.

“There’s no recession coming. The pessimistas were wrong. It’s not going to happen.” — Larry Kudlow, December 2007

If anybody should fear the economy's lack of enthusiasm, it's Larry Kudlow. I know this assessment is purely political, that's why I'm not mad at him. But come on man, seriously? As smart as you are, you should know that we're in trouble. SMH.

Baghdad Bob

Those 'advisers' will be in new jobs by the first of the year. Cleaning kennels at a humane shelter if there is any justice.

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