Commerce Secretary Howard Lutnick predicts a 5% GDP for this quarter.
Commerce Secretary Howard Lutnick joined Jesse Watters from Davos on Thursday night after he was heckled by Al Gore during a speech.
Al Gore is famous for predicting in 2008 that the North Polar Cap would be ice free in five years. But just like the rest of Gore’s predictions that never came true and the North Pole and Greenland are still covered with snow and ice.
Lutnick joked with Jesse Watters that it was his greatest honor of my trip to Davos.
Secretary Lutnick also described the current state of the Trump economy. We are looking at numbers we have not seen in years.
And the Trump administration was able to do this with Fed Chair Jerome Powell doing all he can to wreck the economy for Trump!
Secretary Lutnick: They’ve got this whole globalist view that you want to make the world a better place. We got to make the world a better place. What that means is let’s take the richest country in the world and let’s pick them apart. Yeah. Right? And so what’s happened is the United States of America has exported 4% of our GDP growth to the rest of the world. And that was the deal. And that’s what Donald Trump called out. He said, Stop this trade deficit. Stop it. We’re exporting to everybody else.
And as soon as we stopped, and he put on tariffs, what happened? Imports went way down. Our exports go way up, and our GDP, the growth of our economy, hits 4.43% in the third quarter, just like we said it was. Let me tell you, this quarter, the one we’re sitting in right now, we will have over 5%. The world’s largest economy will be the fastest-growing economy in the whole wide world because Donald Trump said, I’m sick and tired of exporting our growth to the rest of the world. Let’s bring it home.
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