RUSH EXCERPT
GEORGE STEPHANOPOULOS, ABC NEWS CHIEF ANCHOR: President Obama continued this in his second commencement address last night, suggesting that things are screwed up because people in charge are taking the easy way out.
Your response?
PETER NAVARRO: Well, I’m glad Mr. Obama has a new job as Joe Biden’s press secretary.
I note for the record that, in his speech that I read, there was no mention of manufacturing, no mention of China. As far as I’m concerned, his administration was a kumbaya incompetence, in which we saw millions of manufacturing jobs go off to China.
His new normal was a flat line in terms of wage growth. And I’m happy to report that this president, Donald J. Trump, in three-and-a-half years, built the most beautiful economy in modern history. And the Chinese did take that down in about 30 days.