That was President Trump taking a victory lap on the news that the u. S. Economy grew at a robust rate at 4. 1 percent in the Second Quarter. The fastest pace in almost 4 years. Here with a look at whats behind that acceleration is chair of the White House Council of economic advisory. Nice to see you. 4. 1 percent. Economists predicted 4. 4, as you look at the details of the report. What do you like in it . It goes back to a piece i wrote a while back that Corporate Tax cuts would cause a Capital Spending boom. If you look at the average of the first half of the year, we got a Capital Spending boom in the average growth is 3. 1 percent. Its not often that economists can nail it that tightly and it showed its working exactly as we thought. Paul Capital Spending in the First Quarter was more robust than in the Second Quarter. Do you have an explanation for that . One of the things that happened is for Equipment Spending you were allowed to expense it retroactive to october. In the Fourt
Analysis and discussion of the days top stories and compelling issues from Lawrence ODonnell. Things that are not truthful for donald trump. We dont have a lot of on the record lies or falsehoods if you want to use that word, from Michael Cohen. The only one that i can think of is that he told chris cuomo that he Wasnt Recording Him when he actually was. So in the Credibility Fight, ruth, who do you think is going to have the upper hand . Well, in the Credibility Fight you have to ask a few questions. One is who has the greater motive to lie here . One of the things weve learned, say, from Robert Mueller is if you go to him or his investigators with a false story and lie to them, you are going to get in a lot of trouble. So if Michael Cohen is not telling the truth here because he is looking for a deal from Robert Mueller and he peddles an untrue story, hes going to get himself into a heap of trouble. On the other hand, President Trump has some motive here to lie because it would be a
With the black boys, you know. The black boys not players so im not going to make it there. I kept playing and playing. I said one day im going to play baseball. Tonights last word. The 11th hour with Brian Williams starts right now. Tonight, the president swears he did not know about that Trump Tower Meeting in advance, while someone close to Michael Cohen tells vanity fair cohen is sitting on top of a Treasure Trove of damaging information and theres a lot more to come. For the tenth straight time the president ignored questions from reporters and thats since the trumpcohen tape came out on tuesday. Donald trumps First Ever National Security Council meeting on the topic of election safety was convened today hours after the president was invited to moscow by vladimir putin. All of it as The 11th Hour gets under way on a friday night. On a friday night good evening once again from our nbc news headquarters here in new york. Day 554 of the Trump Administration and the president escalate
Former GOP representative Joe Scarborough and Mika Brezinski interview newsmakers, politicians and pundits about the issues of the day. Job Approval Rating probably has seven or eight points, maybe even a little more of what i think of as 401 k trumpers right now. I think there are people who are looking at their statements, people who are on the right side of the economic equation any way. They see their numbers going up for all sorts of reasons. And so theyre willing to not really dive in to this russian novel story that no one can quite figure out. And theyre willing to suspend their bizarrely in my view, but they are willing to suspend their ordinary moral judgments about how this president conducts himself and is now representing us on the world stage. But i would not, if i were in the white house, count on that lasting until 2020. Well see. Joe, your latest column in the Washington Post really speaks to this entitled trump finally
feels gravitys unforgiving poll and reads in part
Trump about a payment to playboy model Karen Mcdougal before the 2016 election. Could be a recording of a recording, were not sure yet. That they can probably determine. Youre right. We may never be able to determine that but we have determined the fact that he campered with the tape in the sense that he abruptly midconversation turned it off. Giuliani told abc news we have complained to them that Michael Cohen has violated the Attorney Client privilege publicly and privately. In a statement to nbc news, lanny davis, cohens attorney, fired back saying mr. Giuliani seems to have been confused. He expressly waived Attorney Client privilege last week and repeatedly and inaccurately as proven by the tape talked about and talked about the recording, forfeiting all confidentiality. Joining me now is timothy
bag. Loyalty in trumplandia is a oneway street. He doesnt have much loyalty towards the people around him apart from his nuclear family. Sometimes his wives but not even often with his wi