with the president where he s trying to have it both ways. he wants his republican base to turn out. he s still the leader of the republican party, the most powerful surrogate they have on the campaign trail, so he has to say those things in the campaign trail, and in the oval office and the safety of the white house, the political insulation of the white house, he s going to have a different message. that s likely the message we re going to hear from him on november 7 if things don t go his way on november 6. we ve seen him try out those different messages, whether it s criticizing the fed for the state of the economy, whether it be the stock market drop of last week or the market recovery
blue wave, it s not on me? you really can t square that this is a bit of cognitive dissonance from the president where he s trying to have it both ways. he wants to have he wants to juice republican base turnout, which does require he s still the leader of the republican party, the most powerful surrogate they have on the campaign trail. sew has to say those things on the campaign trail and the oval office and the safety of the white house and the political insulation of the white house in the oval office. he s going to have a different message. and that s likely the message we re going to hear from him on november 7th if things don t go his way on november 6th. we ve seen him over the last couple of weeks try out some of those different messages, whether it be criticizing the fed for the state of the economy, whether it be the stock market drop of last week or when the market recovered somewhat today. we ve seen him make similar attacks at some republican messaging, republican
might as well be. how do you square that with the answers you got from him in the oval today, look, if there s a blue wave, it s not on me? you really can t square that with the president where he s trying to have it both ways. he wants his republican base to turn out. he s still the leader of the republican party, the most powerful surrogate they have on the campaign trail, so he has to say those things in the campaign trail, and in the oval ofls afi and the safety of the white house, the political insulation of the white house, he s going to have a different message. that s likely the message we re going to hear from him on november 7 if things don t go his way on november 6. we ve seen him try out those different messages, whether it s criticizing the fed for the state of the economy, whether it be the stock market drop of last week or the market recovery somewhat today. we ve seen him make similar attacks at some republican
eric? eric: back at home, president trump blaming the federal research s interest rate hike tore sending the market through a tailspin. despite that sell-off the president continues to tout the strong economy. our country s unemployment rate has just fallen to 3.7%, the lowest in over 50 years. 50 years. median household income has reached an all-time high. that s pretty good. eric: ellison bear has more from washington. reporter: the president s top economic advisor is down playing the recent stock market drop. stocks dropped fast remind some
he decided to criticize powell. okay. so one of the problems look, presidents never like it when interest rates go up prior to an election. no, they don t. you know, alan greenspan got criticized for it. here s the issue. guys like you like low taxes. yes. this is the tax bill that passed is supposed to do particularly corporate taxes. it was supposed to lower the rate and broaden the base so that everybody actually paid the rate. they didn t close a lot of loopholes. the net result is that we are headed towards yet bigger deficits. how do we square this? i don t think we are headed towards bigger deficits. you don t have to close the loopholes by law, ali, to have them not effective. when you drop it from 35% to 21% tax evasion is less attractive. you don t have to change the laws about tax evasion, it s always been illegal. it makes it less attractive. the same thing for tax shelters, the same thing for corporate forms, the same thing for secondary taxes, the same thing