{"id":280570,"date":"2018-07-27T14:35:00","date_gmt":"2018-07-27T18:35:00","guid":{"rendered":"https:\/\/admin.rushlimbaugh.com\/?p=280570"},"modified":"2018-07-30T16:34:30","modified_gmt":"2018-07-30T20:34:30","slug":"f-chuck-todd-spouts-falsehoods-on-trump-economic-speech","status":"publish","type":"post","link":"https:\/\/www.rushlimbaugh.com\/daily\/2018\/07\/27\/f-chuck-todd-spouts-falsehoods-on-trump-economic-speech\/","title":{"rendered":"F. Chuck Todd Spouts Falsehoods on Trump Economic Speech"},"content":{"rendered":"<p>RUSH: Let\u2019s just do 25, 26, 27 in order here. Here\u2019s F. Chuck Todd. I mentioned this. This is F. Chuck Todd today on NBC special coverage of Trump\u2019s remarks about the second quarter GDP news. The infobabe, Savannah Guthrie, said (paraphrased), &#8220;Meet the Press moderator, F. Chuck Todd, whose wife works on the Bernie Sanders campaign, talking now about Trump\u2019s remarks. It\u2019s 4.1%. That\u2019s a rate we haven\u2019t seen in four years, F. Chuck. The president with a good economic story to tell. He wants to highlight it amidst, obviously, the Russia investigation and facing the midterm elections as well.&#8221;<\/p>\n<p><img loading=\"lazy\" class=\"size-full wp-image-280593 aligncenter\" src=\"https:\/\/www.rushlimbaugh.com\/wp-content\/uploads\/2018\/07\/APP-Chuck-Todd.jpg\" alt=\"\" width=\"640\" height=\"360\" srcset=\"https:\/\/www.rushlimbaugh.com\/wp-content\/uploads\/2018\/07\/APP-Chuck-Todd.jpg 640w, https:\/\/www.rushlimbaugh.com\/wp-content\/uploads\/2018\/07\/APP-Chuck-Todd-300x169.jpg 300w\" sizes=\"(max-width: 640px) 100vw, 640px\" \/><\/p>\n<p>TODD: You could tell there was sort of an urgency in the president\u2019s voice that bordered on almost pulling a muscle trying to pat yourself on the back.<\/p>\n<p>RUSH: What!<\/p>\n<p>TODD: You could feel that he knows there\u2019s all these other headlines out there that are not &#8212;<\/p>\n<p>RUSH: Stop the tape! I watched this. He didn\u2019t pull a muscle at all. This is an out-and-out falsehood. Trump didn\u2019t pull a muscle. He wasn\u2019t desperately trying to praise himself. He was simply trying to overcome this kind of bull crap! He went out there; he knew this was the kind of bull crap he was gonna have to face after this great bit of economic news that this country hasn\u2019t seen in eight years. He wasn\u2019t desperate. He wasn\u2019t this. He was very proud, and he should have been! All right. (sigh) Resume this debacle of a tape.<\/p>\n<p>TODD: &#8212; this morning Michael Cohen, involving the Russia investigation. Frankly, even on the economic front he got a lot of grief about trade from even fellow Republicans while traveling in the Midwest. So today &#8212;<\/p>\n<p>RUSH: Stop tape! Because they don\u2019t understand what they\u2019re talking about here! Even the Republicans don\u2019t even know how to talk about tariffs in the right way now. Anyway, that\u2019s F. Chuck Todd. That\u2019s F. Chuck Todd. As Trump\u2019s going out there after he\u2019s spoken about the 4.1% and great economic results that we got from his policies, that\u2019s the Drive-By Media trying to tell you that Trump is desperate to change the subject because of Michael Cohen, because of the Russians investigation and because of Mueller and because the Russians stealing the election and all that garbage! So Trump went out and spoke, and here is Kevin Hassett. He\u2019s the chairman of the Council of Economic Advisors, and he\u2019s telling a little story about all that has happened in the Oval Office leading up to the policies that gave us this growth rate today.<\/p>\n<p>HASSETT: We\u2019re very, very happy, because, remember, the president promised his policies would deliver 3% growth, and, you know, now we\u2019re looking at four. One of the nuances in the data that\u2019s really striking and is very favorable to the second half of the year is the inventory subtracted about a whole percentage point from the GDP number. So what happened was instead of producers being able to keep up with consumer demand and increase their production as the surge in their demand for the products occurred, you know, they had to run down their inventories. And historically when that happens, then they have to jack up production in the second half of the year to rebuild their stocks. So, you know, it\u2019s about as positive a report as you can get because it suggests that you\u2019re gonna have sustained growth.<\/p>\n<p><iframe loading=\"lazy\" src=\"https:\/\/www.youtube.com\/embed\/4kvEcyt7YxU\" width=\"560\" height=\"315\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>RUSH: All right. That\u2019s not what I thought it was. That was Hassett appearing with Neil Cavuto on Fox. Hassett also appeared at the White House press conference today after Trump had spoken, and he told a story of the president and everybody discussing the tax policies, and whether or not they could reach 4%. He was telling everybody that would listen how Trump was insistent that it was gonna happen; it could happen.<\/p>\n<p>There were some doubters in the room, and that now that everybody in there is a believer with the president. It was a comment talking about Trump\u2019s leadership. Here\u2019s Kudlow. Kudlow at the White House. This is at the press conference. This is after Trump and after Hassert. I think this is good because, you know, Kudlow is a supply-side guru dating all the way back to the eighties and Reagan. He understands this stuff inside and out. He can recite it to you in his sleep. He\u2019s almost as good explaining this stuff as I am, and that\u2019s why I want to use this particular bite from Kudlow.<\/p>\n<p>KUDLOW: It is already beginning to work. Low tax rates, rollback of regulations, unleashing energy and trade reform to fix a broken world trading system. Business investment is booming, nine to 10% growth in the first half of this year. I believe that\u2019s gonna continue. Why do I talk about business investment? Well, that\u2019s the key to productivity, which is the key to growth, which is the key to rising real wages and very strong jobs. These tax cuts particularly on the business and investment side are gonna be boosting wages, livelihoods and jobs for middle American ordinary workin\u2019 folks. And it\u2019s starting to take effect, and that\u2019s why I agree with the president; this is a boom that will be sustainable.<\/p>\n<p><img loading=\"lazy\" class=\"size-full wp-image-280612 aligncenter\" src=\"https:\/\/www.rushlimbaugh.com\/wp-content\/uploads\/2018\/07\/KudlowTrumpRoseGarden-e1532724430130.jpg\" alt=\"\" width=\"640\" height=\"427\"><\/p>\n<p>RUSH: And then Kudlow appearing on TV later said that he can see 5%, maybe even 6% and so does the president, that there\u2019s no reason not to, that all the pieces are in place. As Kudlow\u2019s going through this, you know what I\u2019m thinking? I\u2019m imagining some of these dummkopfs that live in Alexandria Ocasio-Cortez\u2019s district that were interviewed by the Campus Reform guy. Can you imagine them listening to this and having the slightest idea what he\u2019s talking about?<\/p>\n<p>When he starts talking about such things as, &#8220;Well, we got low tax rates; we got business investment booming,&#8221; they would hate that. Anything business does is bad! Business is mean! Business kills its customers. Business doesn\u2019t care! He says, &#8220;Why do I talk about business investment? Because that\u2019s the key to productivity.&#8221; Productivity? What\u2019s that? What does productivity matter? That\u2019s a foreign language to these socialists.<\/p>\n<p>Productivity? They don\u2019t understand that. That\u2019s work! &#8220;Productivity is key to growth.&#8221; What kind of growth? What do you mean, growth of government? No. &#8220;&#8230;which is the key to rising real wages in very strong job market.&#8221; Can you imagine the average Alexandria Cortez voter translating this and understanding it? I can\u2019t. &#8220;These tax cuts, particularly on the business and investment&#8230;&#8221;<\/p>\n<p>Oh, man, you start talking business tax cuts, and they start throwing daggers at you with their eyes. They hate you. And it\u2019s all so unnecessary. (sigh) It\u2019s all such a shame, because Kudlow nailed it there. That\u2019s exactly what has happened, what\u2019s gonna continue to happen, and it benefits everybody who wants to work.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>RUSH: Stop tape! Because they don&#039;t understand what they&#039;re talking about here! <\/p>\n","protected":false},"author":49,"featured_media":280593,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","ngg_post_thumbnail":0},"categories":[12,1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>F. Chuck Todd Spouts Falsehoods on Trump Economic Speech - The Rush Limbaugh Show<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rushlimbaugh.com\/daily\/2018\/07\/27\/f-chuck-todd-spouts-falsehoods-on-trump-economic-speech\/\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<meta name=\"twitter:title\" content=\"F. 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