Kevin Hassett, chairperson of the White House Council of Economic Advisers, acknowledged the claim was wrong after media organisations including Bloomberg News published historical data showing the benchmark had been passed many times since 1948.
Eight weeks from today, the nation will go and vote, rendering the verdict on the first two years of Donald Trump's presidency and their relative judgments of the two parties as well.
Last month, White House Press Secretary Sarah Huckabee Sanders falsely claimed that Trump has created three times as many jobs for black workers as his predecessor Barack Obama did during his entire time in office.
But the Obama administration also celebrated economic gains, with a 5.1 percent GDP in the second quarter of 2014 and four quarters of growth above the 4.0 percentage rate. "I like high GDP growth and low unemployment".
The president claimed the GDP rate was the highest in 100 years.
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Last year when Bitcoin dominance was over 50%, conditions of the market were different compare to what is obtained this year. At the same time, 87 percent of the study's interviewees said they've had no interaction with Bitcoin.
"It was 100% my fault and I apologized immediately", Hassett said, hand over his heart. "And I can say that at least we numbers geeks here at the White House are grateful for - when the press finds mistakes that we make, we don't like making mistakes - but we're grateful when they're pointed out, because we want to correct them".
This wasn't the first time Hassett has weighed in on a presidential tweet.
"When people ask me, 'how's the economy doing?' I ask them, whose economy are you talking about?" The U.S.is now its 10th year of economic growth, and in its longest period of growth with 95 straight months of job creation.
Recessions bookended the start and end of George W. Bush's presidency and marked the end of George HW Bush's.
Wilson, who worked in the State Department under Dick Cheney and was a campaign strategist for Rudy Giuliani, spoke about his new book, ["Everything Trump Touches Dies: A Republican Strategist Gets Real About the Worst President Ever,"]( //www.amazon.com/dp/dp/1982103124/?tag=saloncom08-20) on "Salon Talks". Several economists and journalists were quick to make that point on Twitter.