Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Trump dismisses worries of recession, says economy is strong

 

August 19, 2019

Evan Vucci – Associated Press

White House chief economic adviser Larry Kudlow

BERKELEY HEIGHTS, N.J. - President Donald Trump dismissed concerns of recession on Sunday and offered an optimistic outlook for the economy after last week's steep drop in the financial markets.

"I don't think we're having a recession," Trump told reporters as he returned to Washington from his New Jersey golf club. "We're doing tremendously well. Our consumers are rich. I gave a tremendous tax cut and they're loaded up with money."

http://www.startribune.com/trump-economic-adviser-plays-down-fears-of-looming-recession/551712182/

 

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