White House adviser admits Trump got his facts wrong in economy tweet

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CNBC also notes that "Trump's claim that GDP tops the jobless rate for the first time in "over 100 years" is not even close to correct".

"Since 1948, there have been 63 quarters with a GDP growth rate higher than avg quarterly unemployment rate", Fox News Research wrote in a tweet, listing the most recent quarters with GDP growth higher than the unemployment rate as Q2 2018 and Q1 2006.

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Standing behind the same podium where the former White House press secretary Sean Spicer once falsely claimed that Trump's inauguration drew the largest crowd there had ever been, Hassett thanked the reporter for the chance to set the record straight. But as of 3.15 pm in NY, shortly after Hassett conceded the error and hours after the claim was challenged in news stories, Trump's false tweet about GDP and unemployment remained online.

Asked about the veracity of the statement later that day at a White House press briefing, Hassett said: "So I can tell you what is true". "It's the highest in 10 years". He inherited a dismal economy in the middle of a recession that lasted 18 months, facing what many feared would be a depression, and was able to turn it around in the first years of his presidency.

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"When you don't tell the truth, when you just flat-out lie so much, how do you have any credibility, how can we believe that when it's the president himself who's lied thousands of times since he took the oath of office?" "That's 700 000 African-Americans that are working now that weren't working when this president took place".

The US economy added about 3 million jobs for black workers while Obama was in office, according to BLS data.

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On Sunday, Trump said in a tweet that "the Stock Market is up nearly 50% since Election".

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