{"id":137935,"date":"2025-11-16T13:39:20","date_gmt":"2025-11-16T13:39:20","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/137935\/"},"modified":"2025-11-16T13:39:20","modified_gmt":"2025-11-16T13:39:20","slug":"trump-raised-eyebrows-after-asking-americas-top-ceos-for-tips-on-affordability-crisis-hes-surrounded-by-a-lot-of-yes-men","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/137935\/","title":{"rendered":"Trump raised eyebrows after asking America\u2019s top CEOs for tips on affordability crisis: \u2018He\u2019s surrounded by a lot of \u2018yes men\u2019\u2019"},"content":{"rendered":"

Donald Trump<\/a> raised eyebrows at a recent dinner with top U.S. business leaders<\/a> after asking for advice on affordability issues and giving an ambitious <\/a>prediction about the growth<\/a> of the economy<\/a>.<\/p>\n

The president made the remarks during a private event at the White House on Wednesday, which included CEOs<\/a> from the likes of JPMorgan Chase, BlackRock, Goldman Sachs and Nasdaq.<\/p>\n

\u201cHe spoke a lot about affordability and what we can do from a market perspective <\/a>to address it,\u201d one of the attendees told The New York Post.<\/a><\/p>\n

While the president did not refer to the current state of the economy as an affordability \u201ccrisis,\u201d as many Democrats have alleged, he did appear to acknowledge some issues with prices and asked the CEOs if they had any solutions.<\/p>\n

Trump then also boasted that his economic policies, including sweeping tariffs, could make the U.S. economy grow \u201cbetween five and six percent,\u201d higher than even the most optimistic of estimates from other sources.<\/p>\n

\"Donald<\/p>\n

Donald Trump raised eyebrows at a recent dinner with top U.S. business leaders after asking advice on affordability issues and making a more than optimistic prediction about the growth of the economy (EPA)<\/p>\n

A report by Goldman last month forecast U.S. potential GDP growth at an average of about 2.1 percent in 2025-2029, before accelerating in the early part of the next decade in part due to the impact of AI.<\/p>\n

\u201cI sure hope the president is right about 6 percent growth,\u201d another CEO who was present at Wednesday\u2019s dinner told The Post. \u201cBut I don\u2019t see how we get there. His people are worried as well particularly about affordability but they won\u2019t tell him. He\u2019s surrounded by a lot of \u2018yes men.’\u201d<\/p>\n

Trump \u201chas been focused on reversing the economic crisis he inherited from Joe Biden since day one,\u201d a White House official told The Independent.<\/p>\n

\u201cThe president is always working with business leaders to implement his aggressive, pro-growth agenda to decrease prices, increase wages, drive job growth, and fuel the economy. This dinner was no exception to his constant partnership with leaders in the private sector.\u201d<\/p>\n

\"The<\/p>\n

The president made the remarks during a private event at the White House Wednesday, which included CEOs from the likes of JP Morgan Chase, Blackrock, Goldman Sachs and Nasdaq (AP)<\/p>\n

The spokesperson added that the president made time to speak with many of his guests at the dinner one-on-one.<\/p>\n

It comes after experts also predicted that the recently ended federal government shutdown, the longest in U.S. history, would also leave a mark on the already struggling economy.<\/p>\n

\u201cShort-lived shutdowns are usually invisible in the data, but this one will leave a lasting mark,” Gregory Daco, chief economist at accounting giant EY said, “both because of its record length and the growing disruptions to welfare programs and travel.\u201d<\/p>\n

The Congressional Budget Office estimated that a six-week shutdown would reduce growth in this year’s fourth quarter by about 1.5 percentage points, cutting growth by half from the third quarter.<\/p>\n

The government reopening should boost first-quarter growth next year by 2.2 percentage points, the CBO projected, but about $11 billion in economic activity will be permanently lost.<\/p>\n","protected":false},"excerpt":{"rendered":"Donald Trump raised eyebrows at a recent dinner with top U.S. business leaders after asking for advice on…\n","protected":false},"author":2,"featured_media":137936,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[6433,138,19280,65,8260,219,11088,17304,111,139,69,69220,5189],"class_list":["post-137935","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-affordability","tag-business","tag-business-leaders","tag-donald-trump","tag-economic-policies","tag-economy","tag-goldman-sachs","tag-jpmorgan-chase","tag-new-zealand","tag-newzealand","tag-nz","tag-the-new-york-post","tag-white-house"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/137935","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=137935"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/137935\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/137936"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=137935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=137935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=137935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}