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Transcripts For MSNBCW First Look 20190819

Once again continued to push back over growing concerns of a possible recession. The president and some of his aides spent the week trying to down play the worries. To return to the white house yesterday, the president was asked about the likelihood a recession could in fact be looming. I dont see a recession. I mean, the world is in a recession right now. And although thats a big statement. A lot of economists say we should be preparing for a recession. And no president is immune from a recession. Phil, honestly, im prepared for everything. I dont think were having a recession. Were doing tremendously well. Our consumers are rich. I gave a tremendous tax cut. Theyre loaded up with money. When you go in and analyze the curve, the curve always means about two years later, thats a long time, two years, but i dont think so. Interest rates, i think i could be helped out by the fed, but the fed doesnt like helping me too much. I sure dont see a recession. We had some block buster retail sal

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