On Monday, Donald Trump made two bold, completely erroneous claims that underscored several worrying themes about his presidency. The first came via his preferred method of communication, Twitter, when he wrote that there is “No WH chaos!.” Hours later, as if on cue, news broke that his newly sworn-in chief of staff John Kelly had fired his 10 day-old communications director, Anthony Scaramucci. The other claim, while slightly less salacious, was no less terrifying, and it had to do with economic growth.

During a morning meeting with his Cabinet, Trump told the assembled group that despite little coverage by the lame-stream media, the economy is doing gangbusters. “We have a G.D.P., [that] on Friday—it got very little mention, although I guess in the business areas it did,” Trump said. “But it got, I think, very little mention. Two-point-six is a number that nobody thought they’d see for a long period of time. Remember, I was saying we will hit three at some point in the not-too-distant future, and everybody smiled and they laughed and they thought we’d be at one. And 2.6 is an unbelievable number, announced on Friday.”

Only, as many were quick to point out, 2.6 percent growth is actually not unbelievable at all. In fact, as Mic notes, the economy grew at faster rates during 14 quarters of Barack Obama’s tenure, with eight of them exceeding 3 percent growth. Trump is correct that his administration has been roundly mocked for claiming it will achieve annual growth of over 3 percent, but that’s because, alarmingly, the president of the United States does not appear to understand that there is a difference between a single quarter of higher growth and an annual increase.

“No—there’s not a Trump bump,” the Center on Budget and Policy Priorities’ Chad Stone told Mic. “The president is confusing a short-run fluctuation in gross domestic product in one quarter with longer-term trends leading up to this quarter and realistic longer-term projections going forward.” His colleague, Jared Bernstein,was slightly more unambiguous: “Trump’s comment is nonsense,” he told reporter Emily C. Singer.

There’s also the matter of Trump having not passed any meaningful economic legislation during his six-plus months in office, meaning that, as, MSBNC’s Steve Benen notes, “Every time he celebrates the economic news from the first half of his first year in office, he’s really just touting the economy he inherited from his predecessor.” Apparently like the “phony” jobs numbers that couldn’t be trusted during the Obama era, only things that came after January 20, 2017, can be trusted or cheered.

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Anthony Scaramucci still has the sale of SkyBridge to keep him warm at night

Despite being unceremoniously shown the door after a week and a half on a job he worked overtime to win, erstwhile comms director Anthony Scaramucci still has one thing going for him: the sale of his company SkyBridge Capital to Chinese conglomerate HNA Group. In a statement to Axios, an outside spokesperson for HNA confirmed that despite the events of the past several hours, “The transaction remains on track and is expected to close by the end of the summer.” Previous reports have estimated that Scaramucci stands to personally make somewhere in the range of $80 million on the deal, although it is unclear if his 10 days on the job qualify him to defer capital-gains taxes on the sale, which would cap off his time stumping for Trump on a particularly sad note.