Breaking: Terrible GDP report just dropped… halfway to recession

[Winco]

No pain no gain. US is like a football team in transition, rebuilding. Not expected to be productive in the short run, but MUCH better in the near future.

Such a Fine New talking point.

Dear Lord.

 

[Tommy Tainant]

Trump has been criticzed as an outsourcer to China (even by Hillary Clinton in the 2016 election).
Turned out the Trump labels on Chinese ties she showed in her TV ads, were not outsourcing, They were brand licensing.

He even prints his bible in china.

 

[citygator]

Stock drops 700 points after the terrible news.

https://www.cnbc.com/2025/04/29/stock-market-today-live-updates.html

 

[1srelluc]

Good, maybe folks are starting to pay down those credit cards they had to max-out during the FJB years to stay afloat and buying less Chi-Com rubber dog puke.

 

[JimH52]

Stock drops 700 points after the terrible news.

https://www.cnbc.com/2025/04/29/stock-market-today-live-updates.html

He and MAGA will blame Biden for his stupidity.

 

[g5000]

LOL stfu you boomerfied hackazoid.

I have explained more than once to you tards what factors are taken into consideration when declaring a recession.

You morons are constantly told by your propagandists that two quarters of negative growth are all it takes to be called a recession.

I bet these hypocrites screech to a halt if and when we have two quarters of negative growth under Trump.

Two quarters of negative growth are only a part of a recession.

Since that has been explained to you in the past, you are now going full retard and saying, 'Duuuuhhhhhh we don't go by that stuff anymore derp-derp-derp."

This is what makes you seriously dense.

So, once more, here is how the NBER determines a recession:

Recession | U.S. Bureau of Economic Analysis (BEA)​

In general usage, the word recession connotes a marked slippage in economic activity. While gross domestic product (GDP) is the broadest measure of economic activity, the often-cited identification of a recession with two consecutive quarters of negative GDP growth is not an official designation.
www.bea.gov

In general usage, the word recession connotes a marked slippage in economic activity. While gross domestic product (GDP) is the broadest measure of economic activity, the often-cited identification of a recession with two consecutive quarters of negative GDP growth is not an official designation. The designation of a recession is the province of a committee of experts at the National Bureau of Economic Research (NBER), a private non-profit research organization that focuses on understanding the U.S. economy. The NBER recession is a monthly concept that takes account of a number of monthly indicators—such as employment, personal income, and industrial production—as well as quarterly GDP growth. Therefore, while negative GDP growth and recessions closely track each other, the consideration by the NBER of the monthly indicators, especially employment, means that the identification of a recession with two consecutive quarters of negative GDP growth does not always hold.

 

[rightwinger]

View attachment 1106167

Perfect example of…….If it ain’t broke, don’t fix it

 

[22lcidw]

The US economy was stronger than China under Biden

China grew faster in real terms. And still is. I would suggest you find a way to neuter China. Since tariffs is not going to do it, then eventually they will become number one in the world. Rising nations with a manufacturing base and a resolve. And the Chinese have resolve. Their technology is catching up and has surpassed us in some ways. They steal a lot, and we have plenty of people that will sell it to them as well as their moles and spies that we let into our nation. Our military alone is going to have to grow at high inflation percentages each year if this keeps up. We give them our technology and then we must create new technology, and we have a fair percentage of our military corrupted with the military industrial complex. And that tis just that part of our budget.

 

[JLW]

I expect the response will be the usual MAGA stupidity that Trump has a plan and this is part of his plan.

His whole economic view is based on tariffs on everything and upending the world economy that has made the US fabulously rich.

Trump has no endgame.

When will these MAGA morons realize Trump has no plan but to bring it all down.

To that end, he is succeeding.

Bringing down the economy, bringing down the markets, bringing down the US.

 

[otto105]

As compared to what? Covid affect? You lying scum bags. The Chinese became a lot richer under Joe and the Progs also. Getting closer to becoming the top nation in the world. I know you are proud of that.

WTF are you posting about.

All of fuckup maga merch is from Ghina.

BTW if Ghina is challenging us for top nation status, why would it be good for us to slash funding to our research universities and education? Start a trade war that imposes cost on our citizens and companies? Push legacy energy sources such as coal.

 

[g5000]

It's okay. Trump will run the biggest deficit in US history to compensate. This will artificially juice our GDP.

 

[Paradoxical#1]

That is the idea generally. Cut off the flow of cheap wage suppressing labor.

What does anyone here think will happen when most of the illegal aliens are gone and no longer come here? Where do you think a factory, trade, or congress will get the people they hire from?

If you said "United States citizens" you win the booby prize. Logic 101.

 

[Nuthin' Fancy]

Its a cult. Economy is bad they are happy. Economy is good under Biden, they are sad and call it fake. That fat orange man has people believing up is down and down is up.

Well, I had to post this then............

I am in awe at Trump's persuasiveness over the ignorant. It is the strongest hold on human beings since maybe Hitler.

 

[otto105]

It's okay. Trump will run the biggest deficit in US history to compensate. This will artificially juice our GDP.

The shitler! administration just requested a 514 BILLION DOLLAR increase in the debt ceiling.

 

[Blisterfinger]

The Q2 drop will be in the -3% range and much worse as Q1 only had a few weeks of impact. Recession occurs with 2 negative quarters. We are in recession nothing will pull an increase in Q2 except maybe a full on reversal of Trumponomics today.

You said they didn't measure recession like that anymore. Which is it?

 

[citygator]

It's okay. Trump will run the biggest deficit in US history to compensate. This will artificially juice our GDP.

Good news is at least Tax revenue will start to fall and the deficit will explode even more. I am not sure how that will be good news but MAGA will tell me soon.

 

[Mr Natural]

What does anyone here think will happen when most of the illegal aliens are gone and no longer come here? Where do you think a factory, trade, or congress will get the people they hire from?

If you said "United States citizens" you win the booby prize. Logic 101.

Yeah, Americans will be more than willing to pick lettuce for five bucks an hour.

 

[citygator]

You said they didn't measure recession like that anymore. Which is it?

Ive never typed that sentence in my life.

 

[JimH52]

Perfect example of…….If it ain’t broke, don’t fix it

trump says he is "running the country"...even the world. He left out the "into the ground" part.

 

[task0778]

Good, maybe folks are starting to pay down those credit cards they had to max-out during the FJB years to stay afloat and buying less Chi-Com rubber dog puke.

A lot of people bought the Chi-Com rubber dog puke cuz they couldn't afford the domestic-made puke. For sure a lot of that imported puke is crap but some of it is serviceable. Sooo, if they couldn't afford the domestic puke before how can they afford it after the tariffs raise the price of the imported puke? And if they have to buy the domestic puke out of necessity then that is inflationary cuz now they're paying more for the puke wherever it came from. On top of that, will domestic puke producers raise their prices now that the imported puke is more expensive? Less competition isn't good for prices.