The GDP last year was positive all around under Biden. I wonder what could possibly have changed in US this year to cause this stark reversal.
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Thanks Obama!
Normally, I do give the benefit of a doubt for the first year or so of economic news under a new President no matter which party. Policies do not usually have time to have that kind of effect so quickly. It's great when you can point to a President you don't like and say "see, the economy went down", but it usually doesn't work that way.
Not this time. Trump moved so fast to break so much that he gets to own the whole thing. Doubly so when the Fed's predictions had been pointing downward when they had been pointing upward before Trump took office.
It's important to note why he did the tariffs.
It wasn't because there was an economic trade imbalance.
It wasn't because he thought they were unfair.
It was because it is essentially the only non-military weapon he has and he wanted to look powerful.
It was because he wanted to alienate our allies under the direction of Putin.
It was because he wanted to feel like a big man. He wanted to show the world he was a dictator.
It was a selfish, dick-measuring move.
I disagree.
He did the tariff BS in order to tank the US economy, so that the elite wealthy can buy/consolidate/privatize at rock bottom prices.
His regime was all by design. And all is going according to plan.
huh, I'm getting to the point where i can recognize genai instantly from just the thumbnail, neat
It's a particularly bland style
Even after eliminating all those government programs and laying off/firing all those federal employees, Biden still somehow controls the economy!!! If only we could elect a new POTUS to right the ship!!!
Even after eliminating all those government programs and laying off/firing all those federal employees,
the federal government still managed to spend over $200 billion more in BLOTUS' first 100 days than same time frame last year.
0.01% of that on his golf games
So Q2 will also be Biden? How about Q3? Biden? Q4?
For being sleepy joe. He sure is awake causing problems for Trump. Mastermind Joe.
The Bidens will continue until the economy improves.
Honestly surprised he hasn't started blaming Obama.
the good economy was lost in hillary's emails.
Yes, but somehow Q4 2024 was all Trump.
Remember, folks, anything bad is the fault of the most recent president in the opposing party, and anything good is the fault of the most recent president in your party
It actually is kinda Biden’s fault. See, under Biden, the economy actually grew last year, which is why this makes Trump look so bad.
Also, that he ran for 2024, which is at least part of what allowed the current situation...
Also, and perhaps most importantly, that he appointed a do-nothing conservative attorney general who slow-walked prosecuting Trump for the coup attempt (among other things) instead of actually upholding the rule of law.
Trump shouldn't have been able to run in 2024 in the first place because he should've been hanged for treason in 2021.
"Biden is to blame for the economy. If he didn't drop out and then he won the election, none of this would be happening right now, and I wouldn't be blamed." -tRumpo
There it is. The one thing he wasn't lying about, there was a bump in stocks after the election.
As much as he lies there were LOTS of things he wasn't lying about. Mostly incredibly bad and crazy shit that he said he was going to do and is as we speak trying to do!
And only because he said it and some idiots bought it.
Why are you bringing facts to a bath salt sniffing party?
"""
That didn't happen.
And if it did, it wasn't that bad.
And if it was, that's not a big deal.
And if it is, that's not my fault. <-- here
And if it was, I didn't mean it.
And if I did, you deserved it.
"""
I hope all the republicans realize what horrible people they are before they die.
With the tariffs being randomly lifted it seems like we're at 'i didn't mean it'
I mean we all knew he was going to say this. Why do we even bother asking anymore?
I don't think anyone asked, he threw some burgers at the wall and somebody read it like tea leaves
When the Trumpers crawl through the rubble Trump has turned their country into, they'll still think "how could Biden ever do this to us?"
That's what they'll be told to think and they'll believe it. It was the Biden Deep Dish State.
He's right. When the bulk of tariffs' impact hits, it's going to be much, much worse than it is now.
He's not right.
Yes, comrades, Emmanuel Goldstein has struck again. Obviously this is all his doing.
You know, I made the exact same comment and made the exact same prediction yesterday, while watching their dumbass "first 100 days" press breifing. I would normally say that great minds think alike, however the damn book was not supposed to be an instruction manual.
I know it won't change Trump supporter minds, but I wish they would ask what quarter will it get better by? That way there was at least something to track.
LOL, DUMBASS.
He was handed an economy that was the envy of the world, and now look at it.
What a freaking business GENIUS.
"Nothing to do with tariffs". You have to be a special kind of idiot - donvict-tier level idiot - to buy that. He's fucked this country and fucked it so hard. And we haven't even begun to see the real long-term consequences yet.
I'm sure that if we even still have free and fair elections, that if the Democrats get in power, they'll have to work to pull us out of the ditch, all the while the Fifth Column media will blame the Democrats for not doing it fast enough. Just like the last fucking times. I wish the Democrats would start doing real smashmouth politics if they ever even get one iota of power back. No more of this trying to uphold "norms" by "reaching across the aisle" to the "gentlemen" from such and such state. FUCK THAT NOISE. Obama did that most of his two terms, and kept pulling back a stump when he'd offer them an olive branch. And that's what happened to a right-leaning centrist like Obama.
FFS.
He completely transparent to us, but the vast majority of Republicans eat this up. A mob of 77 million eager wpuld-be nazis is lending him a lot of momentum, it seems.
Sounds to me like someone is getting a little bit yippie?
I would normally agree with the general sentiment that the POTUS gets both too much value and too much credit for the economy, and that particularly early in a term we are usually still seeing the results of older policy.
Except that in Trump's case he has spent the first 100 days in office implementing policies with nearly universal agreement that there will be an immediate negative impact. Drastic, nonsensical EO's like mandating commerical truck drivers speak English. The tarrif nonsense. Threatening global war with the talk of annexing Greenland, Canada, and Mexico. Etc.
Lmfao this is great. Bet he tries to blame Clinton and Obama and AOC and George Soros next, in no particular order
Completely predictable. Empty shelves will be Biden too. Massive inflation? Also Biden. Unemployment, interest rates, everything Biden. He has no other play except to blame someone else so that is what he'll do.
Giving him the headlines for saying shit like this is, exactly what he desires. Because it works.