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Trump needs a big economic win to survive in 2020 because ‘too many people’ dislike him: presidential adviser

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According to a report from Politico, Donald Trump’s re-election prospects in 2020 could likely hinge on needing two big wins on the economic front that will keep voters who dislike him on a personal level but are willing to vote for him based solely on jobs and pocketbook issues.

As the report notes, Trump’s unlikeability — should he fail to resolve his tariff war with China and pass a new NAFTA — could be his undoing.

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With the report stating that Democrats are no hurry to help the president on the new NAFTA, since they have objections to several details, and China looking out for their own interests, the president may have to bend or break to get something done as the election bears down on him in less than a year.

“Businesses are sitting on cash instead of making investments. Growth is stalled at around 2 percent and expected to slow. Jobs numbers are decent but far from ‘yuge,'” Politico reports. “And big campaign promises remain unfulfilled. Even Trump’s most ardent supporters acknowledge the president’s reelection bid would face enormous risks if the economy turns down next year.”

According to Stephen Moore — who was once under consideration by the president for a spot on the Federal Reserve — the president has a real problem.

“If the economy starts to falter in 2020, Trump can’t win. There are just too many people who don’t like him but would otherwise vote for him in a good economy,” explained Moore who still provides advice to the president. “And Trump knows that. He gets that. He knows he needs a strong stock market and a strong economy. And getting a China phase one deal done and getting USMCA done would significantly reduce the threat of any kind of slowdown or recession in 2020.”

“Trump’s top internal advisers get it as well,” Politico reports. “They know the difference between an economy suffering under continuing trade wars — and one in which both a China deal and NAFTA are largely resolved — could be the difference between a one- and two-term Trump presidency.”

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According to top Trump economic adviser Larry Kudlow, “There are a lot of different estimates around but several, including the Council of Economic Advisers, have suggested that a satisfactory China deal plus USMCA could add almost 1 percent to next year’s GDP. That’s a difference between a 2 percent economy and a 3 percent economy and that’s very powerful.”

“Markets continue to move ahead under the expectation that a China deal will get done and USMCA will ultimately pass. Failure of one or both could trigger a serious decline on Wall Street, analysts warn. At a rally in Florida on Tuesday, Trump once again heralded the recent run of market records — but those are all at risk if the China deal and new NAFTA fizzle,” the report continues.

“I don’t think investors understand that the levels of ‘uncertainty’ are totally unprecedented according to many measures,” explained Wall Street analyst Richard Bernstein, “We are in uncharted territory and the economy is accordingly slowing and [capital expenditure] is weak because risk premiums are higher than normal.”

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“Recent talk of possible recession in 2020 has largely died down. But it could flare up again in a significant way if Trump fails on both the USMCA and China,” the report concludes.

You can read more here.

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Trump lawyers ‘opened the door’ for him to testify — here are the questions George Conway would ask

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Prominent Republican attorney George Conway took to the pages of The Washington Post to lay out the case for why President Donald Trump should testify in his impeachment trial.

"There is an important missing witness in the impeachment of President Trump, and his last name, for all the fulminations of the president’s defenders, isn’t Biden. No, that witness is Trump himself — and the best case for calling him has been established by an argument advanced by the president’s own lawyers," Conway wrote.

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Kellyanne Conway storms out of briefing room after reporters call on her to answer Jim Acosta’s question

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While White House press secretary Stephanie Grisham refuses to hold press briefings, senior counselor Kellyanne Conway has been willing to talk to the press. That is unless the press asks questions she doesn't want to answer.

Such was the case Friday when Conway came to the briefing room to answer questions by reporters. When CNN's Jim Acosta asked if the White House was holding back evidence on Ukraine, Conway was annoyed. She started to lecture Acosta.

https://twitter.com/Acosta/status/1220802200412344320

Playboy reporter Brian Karem backed up Acosta.

"It's a simple question," he said.

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‘Insane’ new Trump recording raises questions about Bill Barr’s role in the Ukraine scandal: columnist

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According to the Washington Post's Greg Sargent, while Donald Trump has seemed impervious to past scandals, a "damning new audio recording" that reportedly features Trump telling his associates that he wants then-U.S. ambassador to Ukraine Marie Yovanovitch fired could be a significant development in Democrats' impeachment effort against him.

The recording reviewed by ABC News reportedly features Trump saying “Get rid of her!” in reference to Yovanovitch.

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