Anonymous wrote:Peter Navarro on CNBC reacts to the shrinking GDP number by insisting it's actually good news because if you strip out the effect of tariffs "you have 3 percent growth. So we really like where we're at now."

https://bsky.app/profile/atrupar.com/post/3lnzwqewxju2r

So GDP goes from 4% to 1.8% and this is Navarro's response? What a load of crap.

+1 “But for my signature economic issue that I’m pushing through unilaterally despite all advice and reason, the economy would be fine!” is not a great argument.

Anonymous wrote:The January 20th Tweet where Trump takes ownership of the stock market that he claimed was up because he won the election.

https://bsky.app/profile/parkerbutler.bsky.social/post/3lnzwweam5k2u

Contrast that with the one posted above in this thread.

He was taking ownership of the stock market during his campaign. He said Wall Street was pricing in his win.

His post comes across as exceedingly weak and desperate.

The January 20th Tweet where Trump takes ownership of the stock market that he claimed was up because he won the election.

https://bsky.app/profile/parkerbutler.bsky.social/post/3lnzwweam5k2u

Contrast that with the one posted above in this thread.

Anonymous wrote:

Anonymous wrote:Just imagine the numbers for Q2 and Q3, with no foreign tourists, 250K federal workers laid off, and agriculture exports at a standstill.

“BE PATIENT!!!” 🤪

Too bad, Donald.

You own this.

Peter Navarro on CNBC reacts to the shrinking GDP number by insisting it's actually good news because if you strip out the effect of tariffs "you have 3 percent growth. So we really like where we're at now."

https://bsky.app/profile/atrupar.com/post/3lnzwqewxju2r

So GDP goes from 4% to 1.8% and this is Navarro's response? What a load of crap.

The administration is (falsely) claiming that January, when Biden was still president, has an outsized impact on the numbers (completely ignoring the sustained growth in the previous 8 quarters under Biden)

Anonymous wrote:

Anonymous wrote:Just imagine the numbers for Q2 and Q3, with no foreign tourists, 250K federal workers laid off, and agriculture exports at a standstill.

“BE PATIENT!!!” 🤪

The economy version of 'Vladimir, STOP!'.

Trump and Republican response will be to question the economic numbers. Are they really true? Look at all the winning!

Waiting for Trump and the Republicans to DOGE the economists.

Adding insult to injury, the finance sector in ny were pretty excited to feast on all of trump’s deregulation in Trump 2.0. They thought there would be so many deals being made - mergers, ipo’s, acquisitions, etc. But due to trump’s anti-Midas touch, investment banking has been quiet. The traders have been busy, but at the cost of a lot of ulcers. Bonus announcement time is going to be a grinch-y time.

The numbers released today are as of March 31st.

So it took Trump 10 weeks to take an economy that was the envy of the world to a recession.

Bravo!

Anonymous wrote:Just imagine the numbers for Q2 and Q3, with no foreign tourists, 250K federal workers laid off, and agriculture exports at a standstill.

“BE PATIENT!!!” 🤪

LOL, on cue, Trump blames Biden.

Anonymous wrote:Commerce Department: US GDP fell at a seasonally and inflation adjusted 0.3% annual rate in the first quarter.
https://www.wsj.com/economy/us-gdp-q1-2025-1f82f689?mod=mhp

Wow, trump is a total disaster. And the second quarter is going to be much more affected by tariffs and funding cuts than the first. It’s getting bad really fast.

Just imagine the numbers for Q2 and Q3, with no foreign tourists, 250K federal workers laid off, and agriculture exports at a standstill.