
Trump's Accusations Against Obama Are ‘Ridiculous' and ‘Weak,' Spokesman Says
Mr. Trump, facing criticism over his administration's handling of the files related to the accused sex trafficker Jeffrey Epstein, worked to deflect reporters' questions Tuesday, accusing Mr. Obama of betraying his country and declaring: 'It's time to go after people.'
A spokesman for Mr. Obama condemned Mr. Trump's comments as 'bizarre allegations.'
During an extended rant at the White House on Tuesday, Mr. Trump rattled off a list of enemies he wanted his Justice Department to target, including his former F.B.I. director, James B. Comey, and James Clapper, the former director of national intelligence, as well as former President Joseph R. Biden Jr. (There are already F.B.I. inquiries into some targets of Mr. Trump, including Mr. Comey and Mr. Clapper.)
'It would be President Obama,' Mr. Trump said. 'He started it, and Biden was there with him, and Comey was there, and Clapper, the whole group was there.'
Mr. Trump, speaking of Mr. Obama, added: 'He's guilty. This was treason. This was every word you can think of.'
Mr. Trump was referring to a report issued on Friday from Tulsi Gabbard, his director of national intelligence, that attempted to undermine the eight-year-old assessment that Russia favored his election in 2016.
Ms. Gabbard's report, which claimed that top Obama administration officials carried out a 'treasonous conspiracy' against Mr. Trump, contradicted a lengthy study by the Senate Intelligence Committee — and was signed by every Republican member of the committee, including Marco Rubio, now the secretary of state.
In fact, the Obama administration never contended that the Russians had manipulated votes; instead, his administration, and the Democrats and Republicans on the Senate Intelligence Committee, concluded that Russia mounted a major effort to influence voters.
'Out of respect for the office of the presidency, our office does not normally dignify the constant nonsense and misinformation flowing out of this White House with a response,' Patrick Rodenbush, a spokesman for Mr. Obama, said in a statement in response to Mr. Trump's claims. 'But these claims are outrageous enough to merit one.'
Mr. Rodenbush continued: 'These bizarre allegations are ridiculous and a weak attempt at distraction. Nothing in the document issued last week undercuts the widely accepted conclusion that Russia worked to influence the 2016 presidential election but did not successfully manipulate any votes.'
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CNN
3 minutes ago
- CNN
The jobs report that enraged Trump was flashing a recession warning sign
Job market Donald TrumpFacebookTweetLink Follow The bad news in last Friday's jobs report may have been overshadowed when President Donald Trump fired the commissioner in charge of producing it. But economists haven't forgotten about America's job market – and they're growing concerned. Some of the jobs report data has economists using a word they haven't uttered in several months: recession. Hiring over the past three months slowed dramatically, creating problems for the economists and statisticians at the Bureau of Labor Statistics whose job is to make sense of the payroll data they get from thousands of businesses across the country. As new data came in about May and June's employment, the BLS was forced to sharply lower those months' job totals from their preliminary estimates. The BLS revised May and June's jobs totals lower by a combined 258,000 jobs. That massive revision gave economists some serious agita. Larger revisions have happened before, but every time changes that large have taken place over the course of at least two months, the US economy has been in a recession – at least since records began in 1968. 'The job market is terrible,' said Douglas Holtz-Eakin, former director of the Congressional Budget Office during the George W. Bush administration. 'Outside of education and health, the economy has lost private sector jobs in the past three months. That's terrible.' The US economy has added an average of just 85,000 jobs per month this year, which is well below the 177,000 jobs that the economy added on average each month before the pandemic. Poor jobs data doesn't mean the US economy is in or going into a recession. Several recent economic indicators are pointing in the wrong direction – weakness in second-quarter gross domestic product and slower-than-expected growth in both the manufacturing and services sectors, for example. But, importantly, the National Bureau of Economic Research, which is responsible for declaring recessions, tracks four big indicators of economic activity – consumer spending, personal income, factory production and employment. None have been pointing to a recession or even that the US economy is on the precipice of a recession. That is, until Friday's jobs report. Yet even the recession alarms it sounded come with some caveats. Recent moribund job growth was likely distorted by business uncertainty surrounding Trump's tariffs, and it's too early to tell whether it will rebound or continue to remain at this low level, noted Keith Lerner, co-chief investment officer at Truist. 'The US economy is in a muddle-through environment,' said Lerner, who said the Federal Reserve probably needs to take action to lower interest rates soon because the jobs report suggests it might be behind the curve. The Fed has known about the slowing hiring for quite some time. But the sharp pullback over the past few months – data the Fed didn't have when it made its decision last week to hold interest rates steady – probably means the economy is considerably weaker than economists had expected. 'Friday's jobs report was terrible with recessionary level numbers, but slowing hiring is not new,' said Robert Ruggirello, chief investment officer, Brave Eagle Wealth Management. 'While Friday's report does not mean we are entering a recession, it shows that companies are freezing hiring and firing until there is more policy certainty and business confidence.' Ironically, the leading culprit for slowing jobs growth may be the thing that has been holding the Fed back from cutting rates: Trump's tariffs. The Fed had been in wait-in-see mode in case tariffs pushed prices higher. The flip side is that the US economy appeared strong enough to handle higher interest rates. But it seems businesses are no longer waiting. 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But the 'silver lining' is that a considerable amount of the revisions had to do with seasonal adjustments – basically algorithms that needed adjusting as new data came in. The BLS considers its initial jobs numbers to be preliminary when they're first published, because some respondents fail to report their payroll data by the BLS' deadline. Low survey responses can make the report more challenging to estimate. But the BLS continues to collect the payroll data as it's reported, and it revises the data accordingly. To extrapolate the data for the entire country, BLS economists add in some educated guesswork, based on seasonal hiring trends. The BLS also smooths out the data with calculations known as seasonal adjustments to avoid huge spikes and dips in data each month. The data are also revised because of those seasonal adjustments. If the more complete data comes in well above or below the preliminary data, revisions can be exacerbated by the BLS' seasonal adjustments, which sometimes need to be recalculated. Now that the BLS has a better sense of the job market – one with a much slower pace of hiring – revisions in future months may be far less dramatic than over the past several. CNN's Matt Egan contributed to this report.


CNN
3 minutes ago
- CNN
NASA wants US to be the first nation to put nuclear reactor on the moon
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Epoch Times
3 minutes ago
- Epoch Times
Trump Says Some Deported Farm Workers Allowed to Return Legally
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