News coverage is provided. Americans were working than eight years before. We have turned it all around. Once again we have been the economic envy of the entire world. It really is a stroke because the gdp did hit four times during the Obama Administration. The highest was 5. 1 percent. But as you say, it was something. Mike growth like this is something obsolete should be celebrated. With the white house and i think others have been saying is that the numbers during the Obama Administration may have been high but it was largely because there was a recovery phase. When the president began with the economy already, pretty decent shape and really revving it up with the agenda of deregulation and all of that. Hes been criticizing the fed recently for trying to pump the brakes on the economy because he did not want them to raise interest rates. Eric meanwhile, this is been
going on all cylinders in terms of the economy and the gdp. Another blowback of the performance with Vladimir Putin th
Consumer spending, you see the fact that we are in a historic moment in terms of our economic growth, i mean, this is the first time in four years that weve seen the gdp break at 4 . It was Larry Summers who said if we get to a 3 growth that it would be fair enough to say if you were to believe in tooth ferries. Jon Allison Barber is reporting from berkley heights, new jersey, near the president s golf club where he is spending this weekend. Allison, how big a deal are these numbers for the white house . Reporter for the white house they seem to be an enormous deal. Any time we speak to anyone from the administration or hear any interviews with President Trump or even from Vice President pence, what they want to talk about is the economy and gdp growth, despite warnings from some economists that the growth is not sustainable longterm. The president is telling americans the growth is here to
An evening newscast reviewing and analyzing top stories of the day. Theres a lot of democratic v
it s the ultimate wifi experience. xfinity xfi, simple, easy, awesome. jon: pope francis accepting the resignation of cardinal theodore mccarrick, the former archbishop of washington, d.c. this comes as decades old claims of sexual abuse prompted the pontiff to strip mccarrick of his ministry in a move virtually unprecedented. kitly logan has more. reporter: the offer of resignation came after two historical sexual abuse allegations emerged in june. the pope formally accepted the resignation on saturday. the letter was received on friday. historical allegations of sexual abuse date back more than 50 years, first surfaced in june. one man claims mccarrick abused him when he was a teenager and another man alleges
comes to the big issues like the trump tower meeting. jon: allison barber traveling with the president at his golf club in new jersey, thank you. for more on the goings on at the white house, let s bring in michael sharon, covering congress and the white house for the washington post. so those growth numbers that were announced on friday, michael, best growth since 2014, the white house pretty happy about that. they say voters will remember that when they go to the polls in november. will they? the white house isn t the only group that was happy. republican candidates were facing really daunting odds in a lot of these house districts, were delighted to see the president on friday on message, driving home the economic message. and that s what they want to hear from the president. that s what they re hoping will carry them over the line, allow them to hold onthe house onto the house, pick up a few senate seats along the way. over the last couple months the
and lets you control your network with the xfi app. it s the ultimate wifi experience. xfinity xfi, simple, easy, awesome. jon: pope francis accepting the resignation of cardinal theodore mccarrick, the former archbishop of washington, d.c. this comes as decades old claims of sexual abuse prompted the pontiff to strip mccarrick of his ministry in a move virtually unprecedented. kitly logan has more. reporter: the offer of resignation came after two historical sexual abuse allegations emerged in june. the pope formally accepted the resignation on saturday. the letter was received on friday. historical allegations of sexual abuse date back more than 50 years, first surfaced in june. one man claims mccarrick