Jack Lew Blames ‘Headwinds from a Weaker Global Economy’ for Slow U.S. Growth

‘We’ll see some months with good numbers and some months with disappointing numbers, but the direction over the last six, nine months has really been quite convincingly positive’

CUOMO: "So they may not bash each other, but the GOP candidates will certainly bash the current president tonight including what they say is a failing economy. Treasure Secretary Jack Lew says that is poppycock. He sat down for a while in one interview with chief business correspondent Christine Romans. What did he tell you?"
ROMANS: "He did not say 'poppycock.' He did talk about the American economy. And he sounded more bullish, Chris, than I've heard him in sometime. The U.S. relative to the rest of the world is doing well. Listen."
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LEW: "We've had confident consumers. We've had unemployment coming down, strong jobs growth." 
ROMANS: "Auto sales."
LEW: "Auto sales have been very strong. We'll see some months with good numbers and some months with disappointing numbers, but the direction over the last six, nine months has really been quite convincingly positive. We could still be doing better. If we didn't have headwinds from a weaker global economy than we would have hoped for, we'd be seeing stronger growth."
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