Well, let me tell you folks, no one does a better job understanding economics than me. I've been very successful, I don't need to listen to a podcast to explain the world economy to me. These Bloomberg Surveillance people, they're analyzing things all wrong. This podcast, total disaster! Weak economic data? I've built a fantastically strong economy - the best!
Now this SAM rule - a recession indicator based on unemployment. Unbelievable! Our country has seen record low unemployment under my watch. That’s not just talk. We’ve had the best employment figures ever - historic numbers! I’ve done more than anyone to keep those jobs in our great nation, believe me.
And, wouldn't you know, they're making a big fuss about the Federal Reserve’s rate cut. Let me tell you something about rates. I’ve made a fortune in the real estate business and I know rate cuts, ok? These podcast guys, they don't have a clue. A 50 basis point cut, 25 basis point cut, it doesn't matter. The economy's gonna be great with me in charge.
Now inflation - there's a word these folks like to throw around. They think it's a big deal. It's