Politics: Trump dismisses recession warnings: 'I always find a way to win' - PressFrom - US
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PoliticsTrump dismisses recession warnings: 'I always find a way to win'

16:10  23 august  2019
16:10  23 august  2019 Source:   politico.com

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U.S. President Donald Trump and top White House officials dismissed concerns that economic growth may be faltering, saying on Sunday they saw little risk of recession despite a volatile week on global bond markets, and insisting their trade war with China was doing no damage to the United States.

Trump says the economy is "doing very well" and is dismissing concerns of recession , offering an President Donald Trump said Sunday the economy is "doing very well" and dismissed concerns of "There is clearly no strategy for dealing with the trade war in a way that will actually lead to results for

President Donald Trump on Friday suggested he will personally stave off any downturn in the U.S. economy, boasting that he will “always find a way to win” as financial indicators point toward a possible recession.

Trump dismisses recession warnings: 'I always find a way to win' © Alex Brandon/AP Photo "I always find a way to win, especially for the people!” the president tweeted.

“The Economy is strong and good, whereas the rest of the world is not doing so well. Despite this the Fake News Media, together with their Partner, the Democrat Party, are working overtime to convince people that we are in, or will soon be going into, a Recession,” Trump tweeted.

“They are willing to lose their wealth, or a big part of it, just for the possibility of winning the Election,” he continued. “But it won’t work because I always find a way to win, especially for the people! The greatest political movement in the history of our Country will have another big win in 2020!”

Fact-checking Donald Trump's claims on economists' recession warnings

Fact-checking Donald Trump's claims on economists' recession warnings During a question and answer session with reporters on Sunday, Washington Post White House bureau chief Philip Rucker told President Donald Trump that "a lot of economists say that you should be preparing for a recession." require(["medianetNativeAdOnArticle"], function (medianetNativeAdOnArticle) { medianetNativeAdOnArticle.getMedianetNativeAds(true); }); Trump responded that he is "prepared for everything," but that "I don't think we're having a recession.

Larry Kudlow, Trump 's top economic adviser, dismissed fears of a looming recession and predicted the economy will perform well in the second He said he fears Trump is driving the global economy into a recession . "This current trade war that the president has entered our country into is not working

Read more: Trump is anxious a recession could tank his reelection chances, but officials aren't openly bracing for one because they're worried about fueling Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification. A check mark. It indicates a confirmation of your

The posts from the president follow a report Thursday by The Washington Post that White House officials briefed Trump earlier this month on internal forecasts showing the economy decelerating over the next year as he competes for re-election.

POLITICO reported Tuesday that acting White House chief of staff Mick Mulvaney told Republican donors at a fundraising luncheon in Wyoming this week that a potential recession would be “moderate and short” if the economy were to face such a crisis.

Despite the warnings from within his administration and among economic analysts, Trump has crowed about the state of the economy, which he tweeted Thursday is “doing really well.”

The president and his allies have also accused members of the media and Democratic rivals of exaggerating the potential for an economic slow-down ahead of the 2020 election. Trump has signaled that he plans to make his handling of the economy and voters’ financial security major talking points in his bid for a second term.

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The Trump administration pushed back hard against warnings of an economic slowdown. President Trump and his team are downplaying warnings of slower economic growth, despite signals from the bond market that a recession could be looming.

Trump says the economy is "doing very well" and is dismissing concerns of recession , offering an President Donald Trump said Sunday the economy is "doing very well" and dismissed concerns of "There is clearly no strategy for dealing with the trade war in a way that will actually lead to results for

“The Fake News LameStream Media is doing everything possible the ‘create’ a U.S. recession, even though the numbers & facts are working totally in the opposite direction,” Trump tweeted Wednesday. “They would be willing to hurt many people, but that doesn’t matter to them. Our Economy is sooo strong, sorry!”

Trump has contradicted top aides and even himself in recent days regarding actions the administration could take in an attempt to bolster the economy, sending mixed signals on the likelihood of various tax reductions.

Although Trump claimed Tuesday he has "been thinking about" the prospect of slashing payroll taxes, he backtracked Wednesday, telling reporters: “I'm not looking at a tax cut now.”

For first time, more voters see economy fading than improving under Trump.
More voters for the first time say the U.S. economy is getting worse than better since President Trump's election amid rising recession fears, according to a new poll. © Getty Images President Trump has responded to recession fears by blaming Democrats and the Fed. In the Quinnipiac University poll released Wednesday, 37 percent of respondents said the U.S. economy was deteriorating, 31 percent said it was improving and 30 percent said the forecast was holding steady. require(["medianetNativeAdOnArticle"], function (medianetNativeAdOnArticle) { medianetNativeAdOnArticle.

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