Trump’s interview with Sean Hannity reveals he doesn’t know how any of this works

On Tuesday, President Donald Trump sat down with Fox News’ Sean Hannity for a wide-ranging fanfest that masqueraded as an interview. When the two were not complimenting each other, they touched on a number of issues, from the economy to North Korea to former President Barack Obama. The president spoke entirely off the cuff — to his own detriment.

Take for example, Trump’s bizarre statement on the state of the U.S. economy.

“The country — we took it over and owed over 20 trillion. As you know the last eight years, they borrowed more than it did in the whole history of our country. So they borrowed more than $10 trillion, right? And yet, we picked up 5.2 trillion just in the stock market,” the president said. “Possibly picked up the whole thing in terms of the first nine months, in terms of value. So you could say, in one sense, we’re really increasing values. And maybe in a sense, we’re reducing debt.” (That’s not how any of this works.)

“We’re very honored by it. And we’re very, very happy with what’s happening on Wall Street,” he added.

Wall Street, of course, has no direct correlation with the country’s debt. So while the stock market has improved under the Trump presidency, in no way has that had an impact on the debt. The stock market dictates the value for shareholders, while the debt has to do with money owed by the government.

The economy was not the only subject that Trump muddled.


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