Breaking: Terrible GDP report just dropped… halfway to recession

[task0778]

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.

I see, you learned to attack the messenger rather than the message from your dad. C'mon man, I'm not stupid. "Those who don't listen" is not directed at the message, it's directed at me. Do you not have the integrity to see that?

 

[citygator]

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

Gaslighting.

 

[C_Clayton_Jones]

Only .3 percent? Much lower then what was expected, that’s great news, trump getting us out of the four years of the demafasict economic chaos is going smoother then expected

Trump was supposed to 'fix' an economy in no need of fixing; a strong, growing economy under President Biden being run into the ground by Trump.

 

[Winco]

And the left cheers.

Cheering What?

We all want the economy and the market to do well.
We just like ridiculing trump and trump supporters for all the stupid shit he does and says.

Trump, today, is claiming this is Bidens Stock Market.
One good day and trump will flip.

Leftists are scared. Nothing new.

Scared of what?
A trump inducing failed economy and coming recession.....Damn Right.

Stock market is up and will be over 43,000 in a couple of months.

Market is up??????
Sports analogy: So your team was down by 40 points, now you're only down 34 points........... Yea, you're still losing and getting your ass kicked.

DOW was at 44,025 on Jan 20th.

 

[Lesh]

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 tariffs haven’t even kicked in yet

 

[jbrownson0831]

Trump was supposed to 'fix' an economy in no need of fixing; a strong, growing economy under President Biden being run into the ground by Trump.

He gets at least 6 months to turn around Poopeypant's wreck, facediaper. Better leave mommy's basement and get a job now so you won't miss anything when the stock market exceeds 43,000.

 

[C_Clayton_Jones]

You elect a Convicted Felon...what do you expect?

Convicted felon and con man infamous for bankruptcy.

 

[Rawley]

Cheering What?

A negative turn in GDP

We all want the economy and the market to do well.

Bullshit. Your cult cheers at every negative report about the country.

 

[jbrownson0831]

Convicted felon and con man infamous for bankruptcy.

An astute businessman who knows more about finances than any politician, especially grifter dimtard ones.

 

[WEATHER53]

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

A win win for USA is terribly, emotionally debilitating for Libbies

 

[Lesh]

An astute businessman who knows more about finances than any politician, especially grifter dimtard ones.

Astute businessmen understand that huge Tarriffs are bad for the economy

 

[Winco]

A negative turn in GDP

Bullshit. Your cult cheers at every negative report about the country.

Not true at all.

I'm pissed that trump is directly hurting the market.
I'm pissed that the GDP was -0.3 in trumps first quarter, when the previous quarter under biden was 2.4

 

[WEATHER53]

And the left cheers.

This is the dope who was all giggles when telling us refrigerator morgue trucks were lined up outside his hospital for Covid

 

[WEATHER53]

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.

It will be up 400 by days end.

 

[Rawley]

Not true at all.

100% true, have you not read any of the 34,567,693 posts by your fellow cultists here? They cheer every bit of bad news in the country.

 

[Lesh]

No one is cheering this ya friggin assholes

Just pointing out what a failure Trump has been ALREADY

 

[JimH52]

Astute businessmen understand that huge Tarriffs are bad for the economy

But remember, trump has surrounded himself with "YES" people. He only hears how smart he is and how his decisions are brilliant.

 

[task0778]

The decline was driven by a large surge in imports, which are a subtraction in the calculation of GDP. Imports surged at an annualized rate of 41.3% in the first quarter as companies front-loaded orders ahead of anticipated tariffs from the Trump administration. The surge in imports was good for a -5% contribution to the GDP calculation in the first quarter.

https://www.yahoo.com/finance/news/us-economy-contracts-at-03-rate-in-q1-first-gdp-pullback-in-3-years-123544859.html

IOW, this is a temporary thing, a one-off. The next qtr probably won't be negative, so no recession. But the economic growth as measured by GDP might not be that robust either, cuz nobody knows what Trump will do next and businesses and consumers don't like uncertainty.

 

[JimH52]

No one is cheering this ya friggin assholes

Just pointing out what a failure Trump had been ALREADY

He set a new record for screwing up the economy in 100 days. How many times has he gone bankrupt? The US dollar may not be the standard in international trade by the end of his term, if not before.

https://money.usnews.com/investing/articles/de-dollarization-what-happens-if-the-dollar-loses-reserve-status

 

[1srelluc]

I see, you learned to attack the messenger rather than the message from your dad. C'mon man, I'm not stupid. "Those who don't listen" is not directed at the message, it's directed at me. Do you not have the integrity to see that?

Jeez....Thin-skinned much, or do you whine like that when anyone has the unmitigated gall to disagree with you?

LOL....If I "attack" you then you will know about it in no uncertain terms.