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In town note #5 - POTUS on the econom

From
Eli Stokols
Sent
Friday, March 7, 2025, 12:09 PM

Pool entered the Oval at 11:53. POTUS was seated behind the desk chatting with Kevin Hassett. Two poster boards were set on easels behind him showing gains in manufacturing jobs and reductions in federal government jobs.

Please check all quotes against audio/video/transcript.

As POTUS began, he read from a piece of paper and cited some economic data.

He said the 10K gain in manufacturing jobs came largely in the auto industry. “So we created 9000 new jobs already in the auto production, auto parts manufacturing.”

“We're trying to shrink government and grow the private sector. That's what we've been doing — under the final two years of Biden, one in every four jobs created in America was a government job.”

“For the first time in 15 months, the job gains for native born Americans, for American people, people born in America, exceeded job gains for migrant and foreign born workers.”

POTUS asked Hassett to speak around 12:01. He said the numbers provided “a glimpse of the golden age to come.”

Trump began speaking again two minutes later and mentioned action to remove protections for forests because of the US dependence on Canadian lumber.

“We're freeing it up on an emergency basis, because Canada has been ripping us off for years on tariffs for lumber and for dairy products.”

“These numbers really reflect a lot of things that have happened since Nov. 5.”

POTUS wraps remarks at 12:08 and is now taking questions. More TK.

Eli Stokols

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