PolitiQuote

Discover video-sourced quotes by politicians

Steve Bannon: “Obama's Secretary treasury is saying the new normal was…”

Featuring: Steve Bannon, Former White House Chief Strategist | National

Watch on YouTube

Steve Bannon | Full Address and Q&A | Oxford Union

Published | Video Starts at 1:07:09

Right. And I fought to have more progressive rates to higher incomes, but I think that's what Trump's done. And Obama's Secretary treasury is saying the new normal was going to be under 2% growth, that's 3.5% growth. That does not appear. It's both the tax cut and the spending. Now, I disagree. I would love to have the spending cut because we have a trillion dollar deficits going forward, but we are on a sugar high of kind of Keynesian economics. (1:07:09–1:07:16)

CLAIM

Asserts that the economy grew at 3.5% contrary to predictions of under 2% growth.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


Steve Bannon

Discover more from

Steve Bannon

Report A Transcription Error

Please report any error in the automated transcription.

About PolitiQuote

PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

PolitiQuote is a service of Gigafact Foundation, a nonpartisan nonprofit advancing facts and information transparency, community by community.

Visit gigafact.org to learn more.