Kevin McCarthy decisively shuts down Bill Maher’s latest attempt to fearmonger about Trump’s economy

4 months ago
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Kevin McCarthy decisively shuts down Bill Maher’s latest attempt to fearmonger about Trump’s economy.

MAHER: “Jamie Dimon says the best case scenario is a recession… even empty seats at Beyoncé’s concert. I guess what I’m asking is, Kevin: so everybody knows something except Trump, or is it the other way around?”

MCCARTHY: “A couple things you didn’t mention. This is a stock market up for the first time, nine straight days. That’s only happened eight times in the last 25 years. Up from where it was—way down. But to be up every single day for nine straight days? That’s only happened 31 times in 97 years.”

“We know the tariffs are a negotiation. It’s not going to stay this way. I think people are seeing the investment coming back. You look at the jobs numbers today—it surpassed expectations for the second time. And if you read into the job numbers—”

MAHER: “Yeah, jobs were up. That’s true.”

MCCARTHY: “Nine thousand jobs have been cut in government, but the private sector has grown.”

“So he’s doing a disruption. But you’re seeing kind of a little light at the end of the tunnel. Now, if they get, in the next 60 days, a couple trade agreements, I think you’re going to see this market take off.”

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