President Trump has responded to news of the first contraction of the US economy since 2022 in an entirely predictable manner: blaming former President Biden.
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!!!
While I do admit it's impossible for one administration to improve/fix a nation's economy in one year... But It doesn't take much effort to run a already crumbling economy into the ground. Edit: I'm agreeing with yall. Just like Republicans expected Biden to "fix" the economy in is first 100 days, it's literally impossible. But dumb ass Trump can sure as hell drive a already broken economy right off the cliff in 100 days.
He's obviously in a bunker somewhere with a clone of Hunter's laptop! This is why that Ukrainian company gave Hunter all that money ($3 million ) back when Joe was still VP, they knew in 2013 that in 2025 the people would be stupid enough to re-elect Trump and he would be doing the same thing as the first go just cranked to 11! Joe has been a manchurian candidate this whole time waiting to sabotage Trump to help Ukraine against Trump's handlers. /s
"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
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.
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.
I'm pretty sure it's because he has a hard-on for the gilded age when McKinley was president and virtually all federal income was from tariffs rather than income tax. Trump wants to get rid of income tax altogether, for what I trust are obvious reasons, and replace that revenue with taxation on those who buy products, meaning tariffs. Rich people and corporations will pay essentially no taxes at all, but if you want to buy a car, an appliance, a home, or even food, the price will be jacked up to cover the tariffs he's implementing.
It was the Gilded Age, a time of rapid population growth and transformation from an agricultural economy toward a sprawling industrial system, when poverty was widespread while barons of phenomenal wealth, like John D. Rockefeller and J.P. Morgan, held tremendous sway over politicians who often helped boost their financial empires.
“We were at our richest from 1870 to 1913. That’s when we were a tariff country. And then they went to an income tax concept,” Trump said days after taking office. “It’s fine. It’s OK. But it would have been very much better.”
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!
Privately, not publicly. And I think that chart is mostly about what step they are willing to say out loud so far. Since they need outside approval, when they fuck up, which is often, this is the tried and true path to get the least flack from the people they want to be praising them as soon as possible again.
The regular narcissists in your life follow it too, it's practically instinct.
He mishandled covid leading to lots of extra death and when they wouldn't elect him again he organized a lynch mob to storm the capitol and we all watched both crisis play out live on TV. None the less 94% of those who consider themselves Republicans voted for Trump in 2024. They are absolutely incapable of learning.
If we literally become the nazis and round up and murder millions before Trump offs himself in a bunker they will find a way to blame it on the Democrats and make Trump the victim then vote for someone who venerates him. We literally can't fix them nor expect them to be fixed. We can only work on the folks in the middle the famous persuadable voter eg those too stupid to have a clear position.
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.
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
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.
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.
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.
Thanks Sir Patrick. :) Unfortunately, I had to lock it and have me as the only one posting. It was really hard to get people to understand what that meant.
Yeah, and a lot of his toothless base thought the same thing, that he "really" won and that Biden was just a puppet there who would step aside for "The Storm" to take all the Big Bad Ebil Liberals/Pedophiles (but in this stupid Qnut narrative, the Venn diagram of pedophiles and prominent Democrats is one circle) off to Gitmo and let donvict reign supreme like the orange god-emperor he was meant to be.
I wish this was from The Onion. They are very, very fucking stupid and they found their perfect match in donvict. If anyone needs to understand just how fucking stupid the base is, one only need to study something like "pizzagate".
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.
Yep, part of the reason Biden lost is that he didn't make any major changes to economic policy (aside from stuff like COVID-19 relief spending and the Inflation Reduction Act). By not reversing Trump-era polices (let alone making policy in the other direction, to rein in corporate power and reduce wealth inequality), Biden failed to materially improve the economic prospects of the working class and thus left them vulnerable to Trump's demagoguery.
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.
It's pretty simple folks. If something bad happens, it's someone else's fault. If something good happens, Trump did that.
See how liberating it is not having to worry about who is right and wrong? Life is just so much simpler knowing that all good things come from Trump. Ahhhhhhh, zen.