Top White House Economist Says Trump’s GDP Claim Was Wrong

Top White House Economist Says Trump's GDP Claim Was Wrong

White House economist Kevin Hassett admitted Monday that President Donald Trump was wrong in claiming GDP growth was higher than the unemployment rate for the first time in more than a century.

At a White House briefing, the chairman of the Council of Economic Advisers set the record straight on a tweet Trump posted earlier, where the president said “The GDP Rate (4.2%) is higher than the Unemployment Rate (3.9%) for the first time in over 100 years!”

“What is true is that it’s the highest in 10 years, and at some point, somebody probably conveyed it to him, adding a zero to that, and they shouldn’t have done that,” Hassert said, the Washington Examiner reported.

A number of news outlets fact-checked the tweet after it was posted.

“The history of thought of how errors happen is not something that, you know, I can engage in, because, like, from the initial fact to what the president said, I don’t know the whole chain of command,” he said, the Examiner reported.

“When the press finds mistakes that we make, we don’t like making mistakes, but we’re grateful when they’re pointed out, because we want to correct them,” Hassett added.

Video of that portion of the news briefing was posted by Mediaite.  

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