The media Friday went into overdrive to downplay the 4.1 percent surge in economic growth, calling it a blip not even worth writing about.
Even before President Trump could officially herald the big bump in the economy, as shown in the second quarter growth domestic product growth, the biggest liberal media outlets were urging Americans to consider it fake news.
“U.S. growth probably hit 4.2 percent this spring, but experts say it's a blip,” said a Washington Post headline.
Another added, “The economy’s great. That doesn’t mean Trumponomics is.”
The New York Times added, “Why Friday’s G.D.P. Number May Be a Size Too Big.”
On MSNBC, the Post’s Ruth Marcus said the government’s report on GDP was smoke and mirrors.
Trump is going to take a lot of credit for these good [GDP] numbers. Don’t believe him. A lot of people who bought things because they’re worried about his tariffs and a lot of false growth from tax cuts juicing the economy, it’s going to then slow down,” she said.
Actually, according to Budget Director Mick Mulvaney, the impact of the tax cuts has yet to hit.
Mulvaney said, “I actually think things could get even better because I don’t think you’ve seen the full impact of the tax bill into the overall economy.”
Oddly, the Democrats were quiet.
Neither the Democratic Party, Senate Minority Leader Chuck Schumer of New York, or House Minority Leader Nancy Pelosi of California tweeted on the growth.
But an unlikely source, CNN White House correspondent Stephen Collinson, said Trump should get credit. He wrote, “President Donald Trump thinks he's overdue some credit for steering the strongest economy on the planet — and he's probably right.”
https://www.washingtonexaminer.com/washington-secrets/media-slams-gdp-boom-dont-buy-it-blip-too-big
Even before President Trump could officially herald the big bump in the economy, as shown in the second quarter growth domestic product growth, the biggest liberal media outlets were urging Americans to consider it fake news.
“U.S. growth probably hit 4.2 percent this spring, but experts say it's a blip,” said a Washington Post headline.
Another added, “The economy’s great. That doesn’t mean Trumponomics is.”
The New York Times added, “Why Friday’s G.D.P. Number May Be a Size Too Big.”
On MSNBC, the Post’s Ruth Marcus said the government’s report on GDP was smoke and mirrors.
Trump is going to take a lot of credit for these good [GDP] numbers. Don’t believe him. A lot of people who bought things because they’re worried about his tariffs and a lot of false growth from tax cuts juicing the economy, it’s going to then slow down,” she said.
Actually, according to Budget Director Mick Mulvaney, the impact of the tax cuts has yet to hit.
Mulvaney said, “I actually think things could get even better because I don’t think you’ve seen the full impact of the tax bill into the overall economy.”
Oddly, the Democrats were quiet.
Neither the Democratic Party, Senate Minority Leader Chuck Schumer of New York, or House Minority Leader Nancy Pelosi of California tweeted on the growth.
But an unlikely source, CNN White House correspondent Stephen Collinson, said Trump should get credit. He wrote, “President Donald Trump thinks he's overdue some credit for steering the strongest economy on the planet — and he's probably right.”
https://www.washingtonexaminer.com/washington-secrets/media-slams-gdp-boom-dont-buy-it-blip-too-big
