White House press secretary Sarah Huckabee Sanders mocked New York Times columnist Paul Krugman for predicting the U.S. economy would never recover from a Donald Trump presidency.
— Sarah Sanders (@PressSec) December 29, 2017
Sanders referenced Krugman’s Nov 9, 2016 declaration that “if the question is when markets will recover, a first-pass answer is never.” The Nobel Prize-winning economist continued “under any circumstances, putting an irresponsible, ignorant man who takes his advice from all the wrong people in charge of the nation with the world’s most important economy would be very bad news. What makes it especially bad right now, however, is the fundamentally fragile state much of the world is still in, eight years after the great financial crisis.”
The economy conversely has boomed under President Donald Trump with 87 new highs for the Dow Jones since the president was elected. A three year high GDP growth rate despite two massive hurricanes and an unemployment hovering around 4 percent. Secretary of Labor Alexander Acosta recently told a roundtable attended by The Daily Caller that he expects nearly 2 million new jobs to have been created under Trump.
Acosta added that in September 2017 the U.S. “had the highest total employment level ever in the United States.”