Trump downplays recession fears, saying the U.S. would be ‘OK’ in the long term

President Donald Trump on Friday downplayed concerns about potential economic trouble, saying everything would be “OK” in the long term, even if the U.S economy experienced a recession in the short term.

Asked twice by “Meet the Press” moderator Kristen Welker whether it would be OK in the long run if there were a recession in the short term, the president said, “Look, yeah, it’s — everything’s OK. What we are — I said, this is a transition period. I think we’re going to do fantastically.”