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White House admits Trump hurt the economy

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The White House has finally admitted that President Donald Trump’s trade policies hurt the economy.

The president himself insists his tariffs and escalating threats were pumping up tax revenue without damaging the economy, but his chief economist acknowledged what many experts outside the White House believe is obvious, reported Bloomberg.

“Uncertainty generated by trade negotiations dampened investment,” said Trump’s chief economist Tomas Philipson.

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The annual Economic Report of the President was released Thursday, but the 435-page document barely touched on the negative impacts of Trump’s policies — and instead praised them for showering benefits on the American public.

Philipson, however, told a slightly different story in a briefing to reporters, but declined to get into specifics of the negative impact of Trump’s tariff policies.

He did point to a Federal Reserve study that suggested those could cut gross domestic product by about 1 percent, but Philipson told reporters he didn’t agree with that estimate.

The U.S. economy grew 2.3 percent last year after expanding by 2.9 percent the year before.

Philipson, the acting director of the Council of Economic Advisers, was hopeful that uncertainty over Trump’s trade policies should fade, and he said the U.S. and global economies should see even more growth as a result.

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“Uncertainty about trade policy is one often-cited culprit in the manu­facturing slowdown,” the report notes. “However, other reasons for the global manufacturing slowdown also preceded, or were contemporaneous with trade.”

“These reasons make it difficult to isolate the effects of trade policy uncertainty, and possibly result in an upward bias of its effects on the global economy,” the report adds.


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Singer and songwriter pens ballad about ‘bunker boy Donald Trump’

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Singer/songwriter Courtney Jaye, whose album "Love and Forgiveness" was named as one of the Top 50 Albums of 2013 by American Songwriter, has penned an epic ballot dedicated to President Donald Trump.

It was reported Sunday that Trump was rushed to the White House bunker on Friday evening as a few hundred protesters surrounded the building. As the weekend progressed, more and more protesters have come to stand in opposition to police violence and a White House they feel isn't doing enough to stop it.

Trump has tried to claim that he was really just "inspecting" the bunker, but it went down like a lead balloon.

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Three right-wing ‘boogaloo’ militants arrested on terrorism charges in Las Vegas: report

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On Wednesday, federal prosecutors announced that three far-right militants with ties to the "boogaloo" movement have been arrested on terrorism-related charges in Las Vegas, according to The Seattle Times.

"Federal prosecutors say the three white men with U.S. military experience are accused of conspiring to carry out a plan that began in April in conjunction with protests to reopen businesses closed because of the coronavirus and later sought to capitalize on protests over the death of a Minneapolis man in police custody," reported Michelle Price and Scott Sonner.

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‘Trump became what we feared’: New Lincoln Project ad accuses Trump of using the Bible as a prop to boost his polls

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A brutal new ad from the GOP group The Lincoln Project called "War Zone" is attacking President Donald Trump for becoming what Americans have feared he would.

He didn't come out of hiding this week to help calm the nation or to bring Americans together.

"He wasn't there to offer words of calm and comfort," the ad said. "Instead, he became what we all feared. Evoked the worst of our past. Threatened our governors and states. He ordered our own soldiers who fought in Iraq and Afghanistan to flood the streets, instructing them to turn against Americans. Used churches and the Holy Bible as political props. He didn't invoke the Lord to give us wisdom, but to boost his polls."

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