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Detailed text transcripts for TV channel - CNN - 20170805:13:27:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20170805:13:27:00

Papa bush 20.7%. there you see trump not bad but not as strong as obama in six months. respond to that data, ed. >> certainly, administration changes after we go into a recession. you have to take into account the circumstances. to say that the stock market rose under president obama is a little disingenuous because it had crashed and burned. it was going to rise. it topped at 18,000 and stayed there to the election. and when the economy was very robust, we're no longer in recession. it's now whizzing close to 25. similarly at job creation, at 10% employment and you're creating jobs at the sam...

Detailed text transcripts for TV channel - CNN - 20170805:13:22:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20170805:13:22:00

Created on donald trump's watch. meanwhile, unemployment is ticking down. so, how much does this have to do with his presidency? and what else does it play in the economy? austan goolsbee was president of the chairman counsel of advisers. ed canard is author of "the new york times" upside of inequality. he's the former managing director of bain capital. if i had said to secretary clinton before election day, here's where you will be as president six months in, 209,000 jobs created in the latest report, 1 million on your watch, 4.3%, the dow at 22,000 and consumer confidence at a 16-year high, ...

Detailed text transcripts for TV channel - CNN - 20170805:13:28:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20170805:13:28:00

Minus. we should be sighing wage gains now. even though we're still seeing job growth eight years after the recession, we're not seeing any wage gains because the productivity has pauling to 0.5% a year. why? because. enormous letting tore burden that the democrats imposed on the economy in the first two years of the obama administration. we grew at 2.5% ayear productivity for 25 years after that. it grew at 3%. and it's going at 0.5% and never recovered. 0.5% is a disaster for wages. >> gentlemen, i wish we had more time. but we don't, austan goolsbee and ed canard. i'll simply say that i fin...

Detailed text transcripts for TV channel - CNN - 20170805:13:23:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20170805:13:23:00

I mean, if you look at the job creation rate, it's actually slowed a little bit. we've added a little over 1 million jobs the last seven months. we've added 1.2 million jobs the seven months before that. so, they haven't done anything to mess it up. but, as you know, most of what happens in the economy has nothing to do with washington. the stock market is up. the stock market is up in percentage terms a little less than it was up at the beginning of the last two presidencies. obama and bush. so, i think we're basically the same place we've been for the last six or seven years which is growing...

Detailed text transcripts for TV channel - CNN - 20170805:13:26:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20170805:13:26:00

The economy is doing. it's only once donald trump comes into office and the stock market rises they say, look, the stock market's up, that's because of trump. again, if you look at the jobs numbers. we're adding jobs at approximately the same rate, a little slower than we were under barack obama. when they did it under obama, the president of the united states now, you'll recall, said that jobs numbers are fake. the economy is not adding jobs. he takes office, adds fewer jobbing us and says look at the jobs numbers. they look incredible. i mean, this whole thing is a fantasy in which they cher...