Quantcast
Connect with us

WATCH: Larry Kudlow caught faking economic data to make Trump’s economy look stable

Published

on

Larry Kudlow appears on Fox News (screen grab)

Trade and economic adviser to President Donald Trump Larry Kudlow stepped into the press conference Wednesday to try and invent economic numbers that made his presidency look better than it actually is.

For weeks, Kudlow has claimed a “V-shaped” recovery was happening, but with 30 million Americans still out of work and evictions still moving forward despite the holds Trump claimed he placed on it, the economy is only looking good for wealthy people.

ADVERTISEMENT

Kudlow trotted out a chart showing the people in poverty under former President Barack Obama and how it has changed under Trump. The problem, however, is that the chart only showed what life was like before Trump’s failed response to COVID-19 destroyed the country.

“What’s the number post-pandemic?” a reporter could be heard shouting out to Kudlow.

“Well, we’ll have to wait and see on that,” Kudlow said. “This stuff just came out.”

“I’d just like accurate information,” the reporter clapped back.

“This is the accurate information,” Kudlow swore, despite lacking updated information. He went on to claim that there’s “more work to do,” but refused to show the facts about where the country is in 2020.

ADVERTISEMENT

Another reporter asked Kudlow how many Americans were in poverty as of Sept. 2020.

“That won’t be reported,” he answered. “I can only wait until the Census Bureau — I don’t know if you cover this beat or not.”

“The number of Americans living in poverty right now. Do you happen to know that answer?” a reporter asked.

ADVERTISEMENT

“No,” Kudlow said flatly, but the reporter persisted.

“If you’ll just stop nitpicking and let me explain to you,” Kudlow snapped.

ADVERTISEMENT

It devolved from there with Kudlow still refusing to reveal updated poverty numbers for Americans after the pandemic. So, there’s no real way of knowing the extent to which Americans have plunged into poverty in 2020. From the soaring numbers about unemployment, debt and other financial indicators, Americans aren’t in a great place. No wonder Kudlow wants to hide it before the election.


Report typos and corrections to: [email protected].
READ COMMENTS - JOIN THE DISCUSSION
Continue Reading

Breaking Banner

Melania Trump brags her husband ‘sees potential’ in the gays

Published

on

In a bizarre moment, the first lady announced that President Donald Trump is all for gay people.

Speaking to a crowd in Atglen, Pennsylvania, Melania Trump described the president as someone “who sees potential in everyone he meets, no matter their gender, race, religion or sexual orientation.”

She didn't use the typical term LGBTQ or even mention transgender people. But mentioning LGBTQ voters likely isn't a good idea in the Trump administration because of the laundry list of things they've done to hurt the community.

“Donald loves helping people and he loves seeing those around him and his country succeed,” Mrs. Trump added, claiming he has a “very big heart and a great sense of humor.”

Continue Reading

Breaking Banner

Veteran Republican operative drops a scathing op-ed as he leaves the GOP: ‘Real Americans don’t pledge fealty to a strongman’

Published

on

Mike Gillis has served in numerous Republican administrations over the decades. In an op-ed published in the New Yorker this Thursday, Mike Gillis announced that he's leaving the Republican Party.

"...I cannot stand idly by and watch as these crooks take over the party I love. I cannot abide this coarsening of discourse, and so on and so forth, etc., etc. Here are the reasons that I am leaving the Republican Party," Gillis writes.

According to Gillis, Trump is "ruthlessly" dividing the country.

"Brother pitted against brother, cat against dog, exterminator against cockroach, sentient robot against mad inventor. Americans must accept that, no matter our particular beliefs, we are all citizens of the United States—whether we be Republican or Democrat, Canadian or Bulgarian, Mesopotamian or Sumerian."

Continue Reading
 

2020 Election

‘Dangerously out of touch’: Ex-White House adviser slams Trump and Larry Kudlow for bragging about the economy

Published

on

President Donald Trump's top economic and trade adviser Larry Kudlow is "out of touch," according to former White House economist Austan Goolsbee.

Speaking to MSNBC's Katy Tur, Goolsbee explained that Trump's celebration of the GDP is unwarranted because it took such a significant dive. It's a lot like losing $100 and getting back $60, said Tur.

"You score five runs in one inning, that is a good inning, but if you let up ten runs in the inning before that you're still way down," Goolsbee explained. "I think the numbers look very much like what happened in the job market over the summer. Where we started with a 21 million job loss, and we made back a little over half of that. And then we kind of stalled out. We're still adding jobs, but you also saw this morning another epically bad new unemployment claims number. You still have well over 700,000 people filing for unemployment insurance newly this week. Now we're seeing this on the GDP side. Certainly, this is a positive. You would not want a smaller number, but it has to be bigger and more sustained than what we saw today before we can say that we're back to normal."

Continue Reading
 
 
Democracy is in peril. Invest in progressive news. Join Raw Story Investigates for $1. Go ad-free. LEARN MORE