Breaking: Terrible GDP report just dropped… halfway to recession

[task0778]

We live in a glut of "stuff", everything is geared to make you buy more "stuff".

True. I am not confident that will change anytime soon.

I see this whole adjustment period as an opportunity to save, not spend.

We ain't savers, we're spenders. I am not confident that will change anytime soon either.

 

[JimH52]

So, there was still growth?

Better than FJB's two quarters of negative growth where the MSM refused to call it a recession.

Sorry, you can't take eyes off the performance of your Dear Leader. He was given a great economy with unemployment down, inflation under 3%, and a solid GDP...in 100 days he has screwed all that up. Felons will be Felons...

 

[1srelluc]

Looks like Wall Street is going "meh" over the news.....Down 600+ on the news but it's regained 2/3rds of it.

 

[1srelluc]

True. I am not confident that will change anytime soon.





We ain't savers, we're spenders. I am not confident that will change anytime soon either.

Those who don't listen must feel comes to mind.

 

[WEATHER53]

An old and busted tool dragged out of the fear shed because it’s convenient

 

[Nuthin' Fancy]

I wouldnt believe a word of Bloomberg.

Of course not,but you believe EVERY word from Trump and his blog.

 

[WEATHER53]

Looks like Wall Street is going "meh" over the news.....Down 600+ on the news but it's regained 2/3rds of it.

Advancing market irritates hate America lib loons

 

[rightwinger]

The revised numbers showed Biden was lying. Especially when 800,000 jobs they lied about.

Link

 

[WEATHER53]

Link

Link to dispute the statement?

 

[Blisterfinger]

Sorry, you can't take eyes off the performance of your Dear Leader. He was given a great economy with unemployment down, inflation under 3%, and a solid GDP...in 100 days he has screwed all that up. Felons will be Felons...

You forgot 30% higher prices Left To Us by Biden and the Biden energy crisis. Biden also taught us how to weaponize the justice department against political enemies, useful stuff. Biden established a "dishonesty as a way of life" mantra By lying about employment and crime also blanket pardoning his family for their crimes. Of course you lapped that up like an empty head fool, just like the lie about Biden's health. Traitors will be traitors.

 

[Meister]

Like Apple and their manufacturing move from China to India?

Did maga support or oppose President Biden's Chips Law?

Apple investing in the US.
Apple to Spend More Than $500 Billion in the US Over the Next Four Years - SimplyMac

India pulling out of China with the Iphones is a good thing. Especially when
those phones are coming to the US. Win for USA, and a loss for China. win-win

 

[Rawley]

Back to back bad news with job creation plummeting and GDP SHRINKING 0.3% vs a rise of 0.4% expected. Trump is wrecking America.

U.S. economy shrunk 0.3% in the first quarter as Trump policy uncertainty weighed on businesses

Terrible news for people who love America and want it to succeed. 62000 new jobs down from 147000 last month,
Private payroll growth slowed to 62,000 in April, well below expectations

The U.S. economy shrank in Q1 as tariff-related import surge trimmed gains: GDP report

The US economy contracted 0.3% in the first quarter as imports surged ahead of Trump's tariffs

www.usatoday.com

And the left cheers.

 

[LAUGHatLEFTISTS]

Business is scared

Hard to expand during chaos

Leftists are scared. Nothing new.

 

[Independent thinker]

Back to back bad news with job creation plummeting and GDP SHRINKING 0.3% vs a rise of 0.4% expected. Trump is wrecking America.

U.S. economy shrunk 0.3% in the first quarter as Trump policy uncertainty weighed on businesses

Terrible news for people who love America and want it to succeed. 62000 new jobs down from 147000 last month,
Private payroll growth slowed to 62,000 in April, well below expectations

The U.S. economy shrank in Q1 as tariff-related import surge trimmed gains: GDP report

The US economy contracted 0.3% in the first quarter as imports surged ahead of Trump's tariffs

www.usatoday.com

You don't even read your own article. Imports made this report look bad due to businesses importing a bunch before the tariffs kicked in and that imports go against how the report is calculated. One of the points of tariffs is to decrease imports. But you knew that already.

 

[task0778]

Those who don't listen must feel comes to mind.

Those who don't listen and don't feel either comes to mind. Was it necessary to attack the messenger?

 

[LAUGHatLEFTISTS]

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.

Not anymore. The dems redefined what a recession is to cover for *Joes destructive policies.

 

[1srelluc]

Those who don't listen and don't feel either comes to mind. Was it necessary to attack the messenger?

What attack?

LOL....My dad used to tell be that when I'd not listen and suffered the consequences of not doing so.

In other words, keep your powder dry in uncertain times.

 

[jbrownson0831]

Sorry, you can't take eyes off the performance of your Dear Leader. He was given a great economy with unemployment down, inflation under 3%, and a solid GDP...in 100 days he has screwed all that up. Felons will be Felons...

Just the opposite jimboliar. Stock market is up and will be over 43,000 in a couple of months. Now is the time to get off your porch, throw away the empty 40 ouncer, and get a job.

 

[jbrownson0831]

Looks like Wall Street is going "meh" over the news.....Down 600+ on the news but it's regained 2/3rds of it.

There's a surprise....nervous nellies go meh over any news.....

 

[1srelluc]

There's a surprise....nervous nellies go meh over any news.....

Only down 200 now....Hell, we might be in the green by end of trading.

Looks like they just flushed out the chumps early-on.