Most recently, in the first quarter of 2006, the gross domestic product grew at a rate of 5.4 percent, while the unemployment rate was 4.7 percent in January, 4.8 percent in February and 4.7 percent in March.
In response, Trump did what he does best - talked utter bollocks that made little to no sense.
Hassett said he suspected someone "added a 0" to the fact as it was "conveyed" to the president. Trump went on to argue, "I guess I have a magic wand, 4.2%, and we will do MUCH better than this!"
Hassett responded to this error by quipping, "I'm not the chairman of the Council of Twitter Advisers".
Millions on US East Coast brace for 'extremely dangerous' Hurricane Florence
Many newcomers have moved to the coast in the almost 19 years since the last strong hurricane - Floyd - threatened the area. In addition, forecasters expect Florence to drench areas along its direct path with 38 to 50 centimeters of rain.
He tweeted simply, "Happy Anniversary", captioning a video of the former Democratic presidential nominee speaking at a fundraiser in New York City, saying half of Donald Trump's supporters belong in a "basket of deplorables" characterized by "racist, sexist, homophobic, xenophobic, Islamophobic" views. "When you hear how great the economy's doing right now, let's just remember when this recovery started", he said in a speech kicking off a midterm campaign blitz.
The economy was, however, struggling when Obama took office in 2009. The U.S.is now its 10th year of economic growth, and in its longest period of growth with 95 straight months of job creation.
The president seemed to be imprecisely referencing remarks made by Obama at a town hall event in 2016, in which he questioned promises from Trump regarding manufacturing jobs, not economic growth. "It wasn't him." He added that the recovery under Mr. Obama was the weakest in history. Millions of Americans who can't stand Obama will just tune out the rhetoric, so different than Trump's and so missed by his supporters, but Obama's view of his successor is shared by prominent conservatives such as columnists George Will and Michael Gerson and Sens. Trump said Monday in a posting on Twitter.