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Because stock market gains have no connection to paying down the national debt. >> right, there's this interview you referred to where he said there's been a 500 -- gain. there is this overhanging question to the extent donald trump understand the connection weak or strong between the actions of the presidency and what happens in the economy. the dow and the markets in general are obviously something that are close to him. it's a language he also understands having come from the world of business. but also he's a salesman, right? >> maybe something good about the fact he constantly talks up th...

>> there was a time probably, philip, where the stock market moved in lock step with economic success and gdp growth. earlier this year the president actually implied the monetary value of the growth of the stock market is a way to reduce get. and there are days i don't know whether he's being manipulative to his own benefit or he doesn't really get what's going on, because stock market gains have no connection to paying down the national debt. >> right, there's this interview you referred to where he said there's been a 500 -- gain. there is this overhanging question to the extent donald trum...

It doesn't necessarily spell success for them in their bottom lines. >> there was a time probably, philip, where the stock market moved in lock step with economic success and gdp growth. earlier this year the president actually implied the monetary value of the growth of the stock market is a way to reduce get. and there are days i don't know whether he's being manipulative to his own benefit or he doesn't really get what's going on, because stock market gains have no connection to paying down the national debt. >> right, there's this interview you referred to where he said there's been a 500 ...