Seth Meyers takes a closer look at Trump’s potential recession

NORTH HOLLYWOOD, CA - MAY 31: Actor Seth Meyers speaks onstage during the FYC event for IFC's "Brockmire" and "Documentary Now!" at Saban Media Center on May 31, 2017 in North Hollywood, California. (Photo by Matt Winkelmeyer/Getty Images)
NORTH HOLLYWOOD, CA - MAY 31: Actor Seth Meyers speaks onstage during the FYC event for IFC's "Brockmire" and "Documentary Now!" at Saban Media Center on May 31, 2017 in North Hollywood, California. (Photo by Matt Winkelmeyer/Getty Images) /
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Late Night with Seth Meyers’s “A Closer Look” examined President Donald Trump’s misleading and false statements as well as the warning signs of a recession.

President Donald Trump proved a long time ago that he is willing to say just about anything on camera. The problem, as Seth Meyers highlighted in “A Closer Look,” is that people then fact check those statements. And between that and stock market conditions, the facts are not looking good for President Trump.

Meyers built Thursday night’s “A Closer Look” segment around Washington Post story that calculated Trump averages a false or misleading claim once every three hours since taking office. That President Trump doesn’t always tell the truth isn’t a big revelation. But as Meyers points out, breaking it down to once every three hours provides some perspective on the magnitude of the falsehoods.

Meyers and his fellow late night hosts have always paid attention to Trump’s speeches. Lies or misleading comments on topics like windmillstariffs, or crowd sizes have all been covered in monologues. Those 12,000+ false claims translate into a lot of late night comedy material.

So for Thursday night’s “A Closer Look,” Seth Meyers discussed how Trump’s alternate reality has an actual impact on the economy. All this trouble with the truth could be leading the country towards a recession.

It is always a little strange to hear a lie being pointed out yet watching the crowds around President Trump cheer. Obviously these crowds are packed with his supporters and most people want to believe that their president is telling them the truth. Yet Meyers reveals that this is hardly ever the case. He gives the example of Trump taking credit for a plant that was agreed upon during President Barack Obama’s presidency.

It has been well-documented that Trump has also sought credit for the economic growth established by Obama’s administration. Trump was effectively playing with house money but Meyers explains how that is changing. If Trump went bankrupt after getting a sizable loan from his father, is anyone surprised that he potentially squandered the foundation created by his predecessor?

Related Story. Seth Meyers on Trump's broken promises to truckers. light

President Donald Trump is only going to holding more rallies and making more speeches as he ramps up his 2020 reelection campaign. That means a lot of hours in front of a microphone touting his accomplishments in office. It also means a lot more material for Late Night with Seth Meyers.