Trump's Commerce Secretary Claims 'All' Americans 'Are Going To Earn 4.3% More Money' Because the Economy Grew by 4.3%

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Source: MEDIAite

Dec 23rd, 2025, 9:48 pm


Secretary of Commerce Howard Lutnick offered an odd interpretation of some positive economic data that his department released on Tuesday. The Commerce Department released a report showing that the U.S. economy grew by 4.3% in the third quarter, beating the consensus expectation of 3.2%. Government spending and rising exports helped boost much of the growth.

Lutnick appeared on Tuesday’s edition of Hannity on Fox News, where he alleged that the rise in the nation’s gross domestic product means a corresponding increase in the amount of money every single American is making. “How does that affect our bottom line, our pocketbook issues?” guest host Kellyanne Conway asked the secretary.

Lutnick replied:

So just think, the whole world out there in the third quarter, the United Kingdom grew .1. The European Union group, .4, and Japan fell .6%, fell .6%. Donald Trump’s economy grew, the United States of America, the biggest economy in the world, 4.3%.

What that means is that Americans overall – all of us – are going to earn 4.3% more money. We’re making a raise. It’s a simple way to do it. We’ve got more jobs, lower energy costs, and lower interest rates coming. This is the golden age coming. Four point three percent this quarter means Americans on average are making more money, more money in their pocketbooks. That makes for a great Christmas.

Read more: https://www.mediaite.com/media/tv/trumps-commerce-secretary-claims-all-americans-are-going-to-earn-4-3-more-money-because-the-economy-grew-by-4-3/

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