"RANTZ: But, politically, I think it exposes the queen. ALLISON: It's a good way PIPKO: Not just politically, but like RANTZ: Well, we have 2 percent I'm sorry, we have 2 percent GDP growth, we have 10 percent increase in business investments in this country. That does matter."
"PHILLIP: We are not in RANTZ: But we're pretending it's going in the opposite direction. PHILLIP: Hold on, but it is not that's coming off of a period in which GDP growth was less than 1 percent. Don't we can't gaslight about the actual history. A whole year of virtually zero private sector job growth, GDP growth that was below 1 percent and only went up to 2 percent is not a victory. It's a sign of an economy that is MOCKLER: It is struggling."
A panel debated the state of the U.S. economy in relation to President Donald Trump’s policies and the Iran war. A conservative radio host cited 2% GDP growth and a 10% increase in business investments as evidence of strength. The host challenged that framing, saying 2% GDP growth is not a blockbuster figure and that it must be judged against the prior year. The host emphasized that the earlier period included virtually zero private sector job growth and GDP growth below 1%, followed by a rise to about 2%. The exchange characterized the selective presentation of economic history as gaslighting and concluded that the economy was struggling.
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