Transcripts For CNNW Erin Burnett OutFront 20190822 : vimars

CNNW Erin Burnett OutFront August 22, 2019

Today, mo insists the economy is doing well. And the reason he says its not breaking record, the federal reserve. Even still no reason to worry according to one of the president s top economic advisers. I have zero fear father of a rezbleegs i myself dont in the foreseeable future as far as the eye can see, no, we are optimistic about the economy. I guess it comes down to what your dechgs of the foreseeable future is well get to that maybe another day. Americans may not be as optimistic as team trump. And maybe showing. Look at the poll from the Associated Press university of chicago, president he is a Approval Rating down to 36 lowest since january, 66 of americans say the country is headed in the wrong direction. And when it comes to the economy, less than half approve of the way he is handling it. And there is more trouble signs. For the first time in nearly a decade americas machining sector shrank and there is a major correction revision to what has been a bright spot in the economy under President Trump, jobs numbers. The Labor Department now says between april of 2018 and march of this year, there were half a million fewer jobs created than originally thought. So what the president is saying everything is great. Others say its the source behind his erratic behavior of late. According to the New York Times let me show you this. Former Trump Administration officials they write in recent days said they were increasingly worried about the president peace behavior. Also suggesting that the it stems from the economy. What behavior do you ask . Look here. I am the chosen one. I thought that the prime ministers statement that it was absurd that it was an absurd idea was nasty. You dont talk to the United States that way. I think that if you vote for a democrat youre very, very disloyal to israel and to the jewish people. That was outsmarting obama. So russia outsmarted president obama. The doctors were coming out of the operating rooms. There were hundreds and hundreds of people all over the floor. You couldnt walk on it. Nobody has done a job like i have done. Boris sanchez is outfront at the white house. Boris, the white house tonight still arguing there is nothing to see here with the economy . Yeah, thats right, the kate, the message from the administration so so far is everything is fine despite the ominous signals. You saw the director of the National Economic council here on the north line of the white house a short while ago. Saying a recession was not in the foreseeable future. I asked about the report that the machining sector shrank the frooirs first time in decade. He said he wanted to take a closer look. And the number you mentioned the jobs the number were substantially weaker than he estimated. He said he wasnt concerned about it. He want today look at the fine print. The president is aware of all this information. He has had discussion was aides according to sources about how the economy could potentially impact his 20 chances, specifically the ongoing trade war with china. Just yesterday he tried to distance himself a bit from it saying its not his trade war with china even though he called himself as you saw there the chosen one. He also sort of skofd and dismissed the idea of payroll taxes pursuing that as a potential way to push off any kind of economic slowdown. Just a short while ago larry cudd low says its something the administration has been working on some time. He called it tax cuts 2. 0. And effectively said they werent imminent but they would put more out into the public going into the 2020 campaign season, kate. Maybe theyll come out in the foreseeable future. Great to see you boris thank you. Outfront correspondent for american urbaned Radio Networks april ryan. Moody analytic mark zandy and nia malika henderson. What are you hearing, april . Is the economy causing the president s ee rot rattic behavior. Yes, yes, and yes. This president has been touting a great economy and that is the cornerstone since i guess since the gipg of his administration for people to feel that he should win reelection, that he is firmly planted for the American Public and working for them. But indicators, not traditional indicators are saying Something Different. He is having a hard time trying to marry the great economy with what it looks like for the American Public, particularly the grass roots. And you know, i heard from member of congress when they come back september 9th they were dealing with the issue of the economy. Something the president doesnt want to deal with especially as they highlight the fact that there is a deficit that is expected to be a trillion dollars by the end of the fiscal year. Also the fact that they want to find ways to pay for things now pan reduce the tax credit. And other things and deal with trade. Particularly the tariffs to try to help fix, correct, this economy before it gets out of control. So the president is erratic now, but come september 9th when they focus on the economy he might get worse than now. Count me as skeptical. And im happy to eat my words if all the sudden a bunch of deficit hawks start showing up on capitol hill. That will be crazy. Im sure mark zandy thinks about that quite a bit. The New York Times as i mentioned earlier, the growing concern by former Trump Administration officials the way the president is acting. Here is the thing. If folks inside the administration, inside the white house are concerned, what do they do about it . You know, its hard to snow, right. If you think about the trajectory of the folks surrounding this presidency, its very much thinned out over the last month or so. He came in with a pretty good team, a robust team. And and since then folks left. Theres been all sorts of turnover and not the replacements if you think about john kelly, not as strong a personality, not somebody with the stature to chamg the presidency. Even though john kelly could be criticized for maybe not challenging the president enough. Thats where i think the staff and the country finds themselves. The president without the guard rails that he initially had that did serve to curb some of his indistinct, his public indistinct and comments. Now you have a situation where the president doesnt have a filter. And then you have this kind of fear factor of the economy. What was sort of different about the president if you think back to his inaugural speech. He was clear about the kind of economy that he wanted to see, right. He talked about sort of the tombstones of all of the shuttered factories across the country. And he really targeted the Manufacturing Sector as something he would revive, the steel industry, the coal industry. If you look at the data here about the manufacturing jobs theyre not coming back. And you see some layoffs in the Big Industries steel workers, for instance, coal still struggling. In that way if you think about the states, places like pennsylvania, places like wisconsin, like ohio and michigan, you go to those states. And there isnt some, you know, sort of rebirth of manufacturing in the way that this president promised in very specific ways. I can imagine its something he is worried about because, you know, it matters in those folks lives, the promises he made to them and not necessarily coming to fruition. And it matters how you feel, how your personal economy feels. And that is thats where the tough spot is. Mark, the president and folks around him but the president especially has been working overtime this week to try to shrug off the fierce of recession and kpk downturn listen to this. Our economy is the strongest in the world by far. Nothing even close. Were far from a rezbleegs i dont see a recession. But nia listing out the trouble signs, the Labor Department rechgs in terms of jobs growth and numbers. What does it show you, mark . Well, Economic Growth is slowing. Sharply. Manufacturing is now arguably in recession, you know, output dhk last month lower than a year ago. And you can connect the dots right back to the trade war. The trade war is really doing a lot of damage to the global economy. The president is right that the u. S. Economy is doing better than the rest of the world. But the rest of the world is pretty close to recession if not in relevant session. Thats definitely relative in in moment. Yeah, exactly, the value of the dollar is up. Exports are declining and manufacturers rely heavily on selling what they produce to the rest of the world. Here is the dark irony in this. The trade war, the tariffs were supposed to help manufacturing. But the in fact whats happening is its pushing it into recession. Now the damage is spreading out. You point to the employment statistics, the revision down in the employment gains. Knows rechvisions were surprisingly big and broad based. Not only manufacturing revised done pop construction, leisure hospitality, retail, health care, education, the economy is weakening. And if the president doesnt stand down on the trade war pretty soon, recession risks will be paufly high by this time next year. April, over the long term President Trumps Approval Rating since taking office. We know its remained remarkably consistent. Its not where anyone any president wants it to be but its consistent. There have been like the last three Approval Rating polls we have seen, we are we have seen it dip. And for a president i often wonder, who is obsessed with polls, is this adding to him lashing out . Not only is he obsessed with polls he is obsessed with himself. Yes, this is some of the reason why he is lashing out. I mean, when his own Television Network that he prefers, fox news, says things that democratic polls are saying. And he is actually saying, look, this is not right. You need to recheck this. There is a problem. You know, this is there is an independent free press in in nation. This is not russia, china. Thats what makes us different. And in president is very upset with the fact that his numbers are slipping. He is the emperor with the new clothes. I dont know if you want to watch him walk down the street naked. But at this point this president has a hard time facing reality. People are tired of the reality show, the reality is if i dont have money in my pocket, if you are talking against my religion, my culture, there is a problem. So his numbers are slipping for the reasons he created nia, President Trump and his advisers they continue to blame for any problem or worry of the economy the fed chairman and also the president is now going back to blaming president obama. At what point do you think the white house or any this white house or any white house no longer can pass the blame . I mean, the only to obama, he os a big bouquet of flowers. He was handed a pretty good economy. He obviously talked it down and folks who voted for him believed he could turned it around but the Unemployment Rate was 4. 7 when he took office. It was obviously juiced up with the tax cuts. And zandy can talk to that more than i can. And some of that is waning. But he has to figure out whats next. There also is the other dynamic of this is his sort of his first most mueller phase of the presidency. He was obsessed with mueller and the russia probe. Now he mass time on his hands. He liked where the economy was, the stock market was booming. And now hes got is facewood the idea of a recession and the congress that used all the tools in the tool box in facing the big deficit as well. Thats really very interesting interrogation. Thanks so much guys appreciate it. Thank you. Outfront next jared and ivanka, both president ial advisers who have no problem speaking out when they want to. Why are they silent after this controversial comment . If you vote for a democrat youre very, very disloyal to israel and to the jewish people. Plus the Trump Administration facing a new legal challenge moreover its immigration policies. The attorney general who is taking the president head on is my guest. 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Those comments widely criticized as playing a antisemitic trope of accusing jews of dual loyalty something used for a long time, to belittle jews. Outfront now keith boykin white house aide for bill clinton. And a member of trumps 2020 reelection advisory. Keith, ivanka and trump are known to be strategic in how they weigh in and how they give advice to the president. We know that that definitely isnt always done publicly as no one should expect it to when they disagree or need to course correct the president. I why do you think they choose to stay silent on this . Because it often leaks out . Yeah, i mean i think i dont have special insight into ieskt trumps brain or what she thinks or her republics with her dad. But i think its all selective. She chooses to speak out when shelves its in her interest to do so. And often does it privately or surreptitiously leak as story to a friendly reporter she didnt agree with something trump did. Only when its incredibly unpopular and she realizes it doesnt benefit her brand to do so. But most occasions she doesnt speak out against her father even makes antisemitic comment. Even he says he is the king of zrl. Even looking to the skies and says im the chosen one. Ivanka remains silent in midst of the chaos and stupidity of the Trump Administration. Rob what do you think of it. Well theyre on vacation with that. On a Family Vacation in wyoming and putting that on instagram. And i think if you go back in time on some of the quote controversial things. I think they are back, though regardless when you work for the white house talk to any administration i dont think youre ever on vacation. Noin eoip, i know but ner entitled to downtime. If you look at her twitter account she lists in the bio, mother, daughter, sister, wife, and fifth is adviser to the president. Because she is not qualified to be a adviser to the president she know nas. Thats not the reason. Of course it is. Nef a life with kids and theyre trying to raise their kids. She is not commenting on everything publicly. Having kids is not excuse for silence in the face of antisemitism. If she has something to say to her dad she says it in private. I think thats the relationship that it should be. But some folks inside the white house have conceded to cnn they think when it comes to the disloyalty remark it went too far. I mean its widely criticized has you know that its a long time antisemitic trope dont you agree isnt that a crisis moment in the white house. I dont think he should have said things like that. I think he has to be really careful with how he koos his words. But i think what he monte to say and this is true that you know Traditional Democratic bloc voters africanamericans voters hispanic Jewish Voters you need to look at an alternative and that alternative is the Republican Party and this president because of what has happened for groups across the spectrum everyone is doing better than they were three years ago. And that is the argument. How are people doing better. When antisemitic incidents increased. You cant blame that on donald trump. You cant. When people chanting in charlottesville j. Ews are not replace him and the spt morally ambiguous threatening the people might be fine people. How are people doing better when there is a mass shooting at tree of life synagogue in pittsburgh and the president blames the synagogue for not having guards. How are people doing better when the president tweets antimittic tropes calling Hillary Clinton antisemitic and they attack tom steyer and george bloomberg. How are people doing better under those circumstances when question consistently see antisemitism from the United States and the Republican Party. Shall we talk about tlaib and omar those things. Talk about whatever you want. What i was talking about and what i meant of course and i think what he means by in is, look, you need to l

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