Trump economic adviser claims reporters covering recession fears 'want people to lose jobs'


Amid growing fears of a possible recession, President Trump's team is continuing to throw the media under the bus.
When not busy escalating the U.S.-China trade war and attacking the chair of the Federal Reserve, Trump is now claiming that the media actually wants a recession, as proved, apparently, by their reporting on it. The assertion was repeated by Tomas Philipson, chair of the White House Council of Economic Advisers, to The New York Times; Philipson claimed in a Thursday interview that reporters actually seem "to want people to lose jobs" and "become not economically self-sufficient."
Philipson went on to complain that the "way the media reports on our economy weighs on consumer sentiment." Megan Greene, a Harvard Kennedy School senior fellow, similarly told the Times that consumers could "lose confidence and stop spending" should "headlines about trade wars and currency wars dominate the media and the airwaves."
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Still, the Times notes that many economists say Trump's "trade policies and the uncertainty they are stoking" would be the "likely culprit" of any potential recession, with the media simply reporting on that fact.
Nevertheless, Trump has repeatedly alleged that the press is trying to talk America into a recession to ensure he loses in 2020. But he could be projecting just a bit, as The Washington Post recently reported that Trump is trying to pull the opposite move in talking the U.S. out of a recession, with the president recently telling aides "that he thinks he can convince Americans that the economy is vibrant and unrattled through a public messaging campaign."
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Brendan worked as a culture writer at The Week from 2018 to 2023, covering the entertainment industry, including film reviews, television recaps, awards season, the box office, major movie franchises and Hollywood gossip. He has written about film and television for outlets including Bloody Disgusting, Showbiz Cheat Sheet, Heavy and The Celebrity Cafe.
-
Twitter: Breaking the Bird – a 'riveting' documentary
The Week Recommends BBC2's 'fascinating' film charts the social media platform's fall from grace
By Irenie Forshaw, The Week UK Published
-
Detentions and hostile treatment: is it safe to visit the US?
The Explainer Spate of interrogations and deportations at US border sparking decline in overseas visitors
By The Week UK Published
-
The financial changes to expect in 'Awful April'
The Explainer As the new financial year begins, it brings changes for bills, wages and tax
By Marc Shoffman, The Week UK Published
-
WHCA rejects White House press seating grab
Speed Read The White House Correspondents' Association objected to the Trump administration's bid to control where journalists sit during press briefings
By Rafi Schwartz, The Week US Published
-
Trump sends more migrants to El Salvador jail
Speed Read Another 17 Venezuelan alleged gang members have been deported to a notorious prison
By Peter Weber, The Week US Published
-
Trump 'not joking' about unconstitutional 3rd term
Speed Read The president seems to be serious about seeking a third term in 2028
By Peter Weber, The Week US Published
-
The JFK files: the truth at last?
In The Spotlight More than 64,000 previously classified documents relating the 1963 assassination of John F. Kennedy have been released by the Trump administration
By The Week Staff Published
-
Supreme Court upholds 'ghost gun' restrictions
Speed Read Ghost guns can be regulated like other firearms
By Rafi Schwartz, The Week US Published
-
Trump sets 25% tariffs on auto imports
Speed Read The White House says the move will increase domestic manufacturing. But the steep import taxes could also harm the US auto industry.
By Peter Weber, The Week US Published
-
Trump allies urge White House to admit chat blunder
Speed Read Even pro-Trump figures are criticizing The White House's handling of the Signal scandal
By Peter Weber, The Week US Published
-
Waltz takes blame for texts amid calls for Hegseth ouster
Speed Read Democrats are calling for Defense Secretary Pete Hegseth and national security adviser Michael Waltz to step down
By Peter Weber, The Week US Published