What is the real unemployment number?
Donald Trump sounds off
- Duration 7:43
- Date Oct 8, 2012
Donald Trump sounds off
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This transcript is automatically generated
On the heels of that -- policy discussion to -- -- -- trumpet morning.
So what do you think that Mitt Romney has to do -- according to his scheduler is it's going to be seven points Iran Libya Egypt Syria Afghanistan Israel and free trade.
Well look Gretchen are -- policies -- total.
Disgrace I -- you'd have to say it's a joke -- it's it's so bad.
It's so out of controlled nobody's ever seen anything like it everything that we've touched has turned to garbage.
You look at Egypt you look at the Libya you look at Iraq where Iran is like airplanes -- You know two US supplied Syria joined right over the middle of -- probably using their airports.
I mean what we've done we've spent trillions of -- and thousands -- And we're being discussed dead and left out although there we have no -- policy which has been the worst foreign policy president that the history of the country without question.
-- what you know what a Donald if it does appear to some that this president has really been an innovator because now we are.
Leading from behind.
Well yes it's called that a division and it looked everything is it is it we shouldn't have guided only backed it wouldn't we backed rebels who by the way killed our ambassador and other great Americans.
What we backed rebels who were we back it.
And what did we get medical get -- we can get oil we showed -- we -- -- in the oil.
But we didn't get -- what did we get -- of -- -- who did get the -- after -- spent all of the money except -- that.
Guess -- China because China gets their oil from Libya we don't get the oil from Libya what are we doing our foreign policy is a total disaster.
He would talk about this for a few years Donald -- look.
I write a bit about of people repeatedly telling how lighter note that I just tell you this Steven -- -- -- -- has represented meet legally in the past.
School -- here that's okay -- -- great lawyer I have to tell you that Peter.
The application -- -- -- what he brought it out of nowhere -- he's still so I can't have to say that it's only good for his ego buster yeah.
How can you -- -- the door open and honest you -- put it -- Payback what about Iran where in the dump Granada -- and we had these economic sanctions the eagle on and on and on what do they mean what should Mitt Romney to be saying about Iran -- in the United States be doing.
Well Iran does not respect us and -- I can't I find it hard to believe because we are so powerful potentially it's.
We rebuild our military it's set to check -- we can do it quickly.
That we have all the cards I can't believe we can't do something with the red without -- -- having to use the military you have to use it you have to use it.
But we should be able to get a -- you know when you make a deal.
You start off with a 5066.
We should get a 100% of everything we want.
I can't believe these people are going to be able to negotiate -- they think if you want another -- now.
It'll be very interesting I have been predicting for a long time I've read a lot of accurate predictions Steven Gretchen did you know that when I've been predicting that.
In order to maybe get his poll numbers up this guy would actually go in to a -- And just -- in my opinion that's the only way to go to win the election then OK and I had been saying that -- time and now he's doing badly.
That entity cannot tell you it's an original I don't know about -- in October surprise.
I'm telling you he was badly exposed in that debate lot of bad things happen damn people are saying who was that up there and and I've been saying for a long time he may do that and it's not the right thing to do at this moment.
Well on the flip side of that he did get some good news at least if you just looked at the number on Friday which was the unemployment rate dropped from eight point 1% to seven point 8%.
But some people are asking what the real unemployment number is so the latest unemployment seven point eight but the real unemployment numbers -- break -- the 23 point two.
-- twelve million people unemployed 2.5 million stop looking eight point eight million working part time.
Which adds up to 23 point two million Americans do you -- believe that number as some other CEOs have gone out publicly and said they don't believe the number where do you stand.
I don't believe the number need to do any of the other people that have intelligence because that number came out of nowhere everyone was expecting -- point -- now the airport just got a real -- -- The real numbers between sixteen and 21%.
If you're looking for a job and you give up.
You're no longer -- that number they take you out so about -- just a big success for our country right right that number is sixteen to 21% to real numbers and.
An unemployed or underemployed people -- the given up.
Did not sure.
They give up and they say oh they're no longer unemployed.
This is so crazy now even.
Everybody everybody was saying the economists everybody that is going to be a -- to eight point three.
What this number came down that you saw a lot of different things happening -- they didn't want to let go to federal workers say they want to do lots of different things.
Because they're just a final number before the election like they wanted this number to be as good as possible.
Yeah what's going to happen is gonna be readjusted you know -- -- just these numbers all the time.
Now the good businesses -- be readjusted the bad news is it's gonna be readjusted after the election.
And it's going to be a horrible number waiting -- see what -- -- -- and they do it all the time wait you see how bad the readjustment numbers but by that time it's too late.
If this particular president gets -- -- well.
Other number we used four -- point seven comes to us from Bureau of Labor Statistics.
Greg mentioned some CEO -- that's where ours comes from that the underemployment number -- there.
Jack Welch took a look at these numbers -- remember there is a surge.
In employment like we haven't seen in thirty years spectacularly.
That we it was announced on Friday Jack -- says.
Unbelievable jobs numbers these Chicago guys will do anything can't debate so changed numbers do you think they change the number I.
I do and I think that they did a lot of -- a lot of monkey business and I'm telling you end up -- -- from now.
They will do -- readjustment like has been happening for the last year and a -- They will do readjustment and that number will be eight point two or more but against the eight point two it's not a real number because people that are out of work aren't considered.
Unemployment we get -- -- if you're if you're making the allegation that this administration is monkeying with the numbers to make them look good.
-- is very -- Well everyone knows that he didn't wanna lay off certain workers -- certain categories and that's been well documented it well reported that he didn't want -- lay -- certain workers in certain categories.
Until after the election.
We've got hit with a number -- edit everywhere and my concern is that the numbers were greater if there was greater job growth the month before.
And -- this month and then the number drops.
How can never be working that -- final question at -- Donald is.
People watch the apprentice including me in a family.
They know that you hate sore losers is the president is sore loser of this debate and we have excuses can we hear.
Well I think it was a very embarrassing moment got -- I'm not blaming him one way or the other I think just people are getting very nasty about it now they're starting to say all sorts of things as to why it took place but.
It's hard to lose and it's hard to look that bad and he really looked at that what's it like to debate where you that you could have a question because that's seen many many debates.
Usually it's that -- like just what what what you know there's really debate.
This was a case where he's it is -- supporters at what happened and that was -- rocked.
I hadn't frankly.
I think he's having a very hard time and out just look at it you poll numbers -- you just put up.
And the poll numbers are looking awfully good from the -- I think they probably won't make a great president -- have.
See what happens the VP debate Thursday night and then the next presidential one.
Early next week Donald have a great week OK Dana thank you they still coming up and -- and.