Top economist slaps down Trump's victory: You can't win the nomination with 34 percent

An economist pointed out on The O'Reilly Factor that while real estate tycoon and GOP candidate Donald Trump won the New Hampshire primary on Tuesday night, that doesn't cement his place as the party's nominee by any means.

Economist Austan Goolsbee, who served in President Barack Obama’s cabinet and now teaches at the University of Chicago’s Booth School of Business, pointed out that Trump won the first primary, but failed to win by a majority. Trump received about 35 percent of the vote.

“You can’t get the nomination with 34 percent,” Goolsbee remarked.

But he added, Trump does have a major advantage.

"There's a huge advantage when it starts coming to the Super Tuesdays in which we have a series of them, with six, eight, ten primaries on the same day, for somebody who already has national name recognition," Goolsbee said. "He doesn't have to build the ground game. These other guys are going to be struggling to try to get their name on the front page or build out field offices and he starts with an advantage there."

But other candidates, like former Florida Gov. Jeb Bush, Ohio Gov. John Kasich and Florida Sen. Marco Rubio may still win their own states, Goolsdbee pointed out.

"That's the recipe for a contested convention," he said.

Watch the interview, as posted by Fox News, here: