Trump: Weak Economy Is Fake News, But We Still Need a Huge Stimulus

According to Donald Trump, the economy is booming: all the talk of a possible recession is just fake news and Democratic propaganda. America has the best economy in the world and, possibly, the best economy in all of human history.

Also according to Donald Trump, we need an immediate gigantic cut in interest rates and a big reduction in the payroll tax in order to . . . um, stimulate a weak economy? But that can’t be. Trump says our economy, as always on his watch, is “very strong.”

It’s a mystery, but not a very baffling one: facts don’t matter anymore. Politics is now just a matter of who can invent the most potent fantasy. Here is Jennifer Rubin on Trump’s economic record:

President Trump came into office promising some fabulous yet unspecified health-care plan to replace the Affordable Care Act. No plan existed…. Trump said he’d bring back manufacturing. In fact, it slowed and now has slumped…. Trump said he’d get tough on drug companies. He hasn’t. He said his tax cut would be aimed at the middle class, deliver $4,000 a year to the average American family and permanently boost business investment, pushing growth above 3 percent. Nope, nope and nope…. The biggest economic lie was Trump’s declaration that trade wars are quickly and easily won, American consumers and farmers wouldn’t be hurt and we somehow would get richer by making Americans pay more at stores. Actually, they are paying a lot.

Rubin is in her element these days. She’s always been very compelling in an attack-dog-attorney kind of way, but it never worked that well back when she was hating on President Obama. There just wasn’t enough there, and it forced her to stretch and exaggerate too much. Now there’s no such problem. Hating on Trump is easy, and there’s really never any need for anything but the bare truth. It’s all clover for someone with a lawyerly mind.

REAL QUICK, REAL URGENT

Minority rule, corruption, disinformation, attacks on those who dare tell the truth: There is a direct line from what's happening in Russia and Ukraine to what's happening here at home. And that's what MoJo's Monika Bauerlein writes about in "Their Fight Is Our Fight" to unpack the information war we find ourselves in and share a few examples to show why the power of independent, reader-supported journalism is such a threat to authoritarians.

Corrupt leaders the world over can (and will) try to shut down the truth, but when the truth has millions of people on its side, you can't keep it down for good. And there's no more powerful or urgent argument for your support of Mother Jones' journalism right now than that. We need to raise about $450,000 to hit our online fundraising budget in these next few months, so please read more from Monika and pitch in if you can.

payment methods

REAL QUICK, REAL URGENT

Minority rule, corruption, disinformation, attacks on those who dare tell the truth: There is a direct line from what's happening in Russia and Ukraine to what's happening here at home. And that's what MoJo's Monika Bauerlein writes about in "Their Fight Is Our Fight" to unpack the information war we find ourselves in and share a few examples to show why the power of independent, reader-supported journalism is such a threat to authoritarians.

Corrupt leaders the world over can (and will) try to shut down the truth, but when the truth has millions of people on its side, you can't keep it down for good. And there's no more powerful or urgent argument for your support of Mother Jones' journalism right now than that. We need to raise about $450,000 to hit our online fundraising budget in these next few months, so please read more from Monika and pitch in if you can.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate