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."
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."
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.
-
Tea with Judi Dench: ‘touching’ show is must-watch Christmas TVThe Week Recommends The national treasure sits down with Kenneth Branagh at her country home for a heartwarming ‘natter’
-
Codeword: December 24, 2025The daily codeword puzzle from The Week
-
Sudoku medium: December 24, 2025The daily medium sudoku puzzle from The Week
-
CBS pulls ‘60 Minutes’ report on Trump deporteesSpeed Read An investigation into the deportations of Venezuelan migrants to El Salvador’s notorious prison was scrapped
-
Trump administration posts sliver of Epstein filesSpeed Read Many of the Justice Department documents were heavily redacted, though new photos of both Donald Trump and Bill Clinton emerged
-
Trump HHS moves to end care for trans youthSpeed Read The administration is making sweeping proposals that would eliminate gender-affirming care for Americans under age 18
-
Jack Smith tells House of ‘proof’ of Trump’s crimesSpeed Read President Donald Trump ‘engaged in a criminal scheme to overturn the results of the 2020 presidential election,’ hoarded classified documents and ‘repeatedly tried to obstruct justice’
-
House GOP revolt forces vote on ACA subsidiesSpeed Read The new health care bill would lower some costs but not extend expiring Affordable Care Act subsidies
-
Hegseth rejects release of full boat strike footageSpeed Read There are calls to release video of the military killing two survivors of a Sept. 2 missile strike on an alleged drug trafficking boat
-
Trump vows naval blockade of most Venezuelan oilSpeed Read The announcement further escalates pressure on President Nicolás Maduro
-
Kushner drops Trump hotel project in SerbiaSpeed Read Affinity Partners pulled out of a deal to finance a Trump-branded development in Belgrade
