This is an IHeart podcast.

Put it into perspective.

Is the president right when he says a recession is not on the way?

He is not right, but a recession is okay.

A recession is a normal part of economic activity.

President Trump and his economic team are trying to temp down talk of a possible recession

after a volatile

week on Wall Street.

Presidents get the credit when the economy's good, they get the blame when the economy's bad.

And right now, with some signs of economic weakness and the market's growing anxious, President

Trump is playing defense.

Questions about the economy that haven't been asked in more than a decade, warning signs that haven't been flashing this bright in more than a decade.

And clouds that some analysts say haven't been this dark in a decade.

President Trump is attempting to downplay growing concerns that the U.S. economy could be headed for a recession.

Even in the face of some economic warning signs, the president and his top aides are now brushing off fears of a recession down the road.

Brent of mine pointed out this morning that it wasn't until Nixon's recession,

that the Watergate stuff drove.

So if a recession hits...

You think that's where he bottom falls out?

I think so.

This morning, recession and reelection. President Trump insisting he has no concerns about the economy after that 800-point plunge. Josh, isn't the Fed cutting rates now just going to make the next economic downturn worse? What's your prediction? I've been hoping for a recession. People hate me for it,

but it would get rid of Trump, so you shouldn't hate me for it. I mean, recessions are really bad.

...