trump's policy and the damage done.

[berg80]

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

https://www.cnbc.com/2025/04/30/gdp-q1-2025-.html

The U.S. economy contracted in the first three months of 2025, fueling recession fears at the start of President Donald Trump’s second term in office as he wages a potentially costly trade war.

Gross domestic product, a sum of all the goods and services produced from January through March, fell at a 0.3% annualized pace, according to a Commerce Department report Wednesday adjusted for seasonal factors and inflation.

Economists surveyed by Dow Jones had been looking for a gain of 0.4% after GDP rose by 2.4% in the fourth quarter of 2024. However, over the past day or so some Wall Street economists changed their outlook to negative growth, largely due to an unexpected rise in imports as companies and consumers sought to get ahead of the Trump tariffs implemented in early April.

It didn't take long for trump to put his stamp on what was a growing economy.

 

[mudwhistle]

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

https://www.cnbc.com/2025/04/30/gdp-q1-2025-.html

The U.S. economy contracted in the first three months of 2025, fueling recession fears at the start of President Donald Trump’s second term in office as he wages a potentially costly trade war.

Gross domestic product, a sum of all the goods and services produced from January through March, fell at a 0.3% annualized pace, according to a Commerce Department report Wednesday adjusted for seasonal factors and inflation.

Economists surveyed by Dow Jones had been looking for a gain of 0.4% after GDP rose by 2.4% in the fourth quarter of 2024. However, over the past day or so some Wall Street economists changed their outlook to negative growth, largely due to an unexpected rise in imports as companies and consumers sought to get ahead of the Trump tariffs implemented in early April.

It didn't take long for trump to put his stamp on what was a growing economy.

They're publishing fake projections in advance. These are estimates that they're publishing at least a month early to push the false impression that Trump is destroying the economy.

 

[struth]

So very little damage…geez we spent four years of Dem policies that made a record, majority of American worse off


And you are whining about .3? Not even a half percentage?

You people have no credibility and put party over country

 

[FireFly]

Trump's Depression has already started.

 

[Mac1958]

How can they say this when the first quarter isn't even done?

Easy......they're publishing fake projections in advance. These are estimates that they're publishing at least a month early to push the false impression that Trump is destroying the economy.

It ended March 31.

 

[mudwhistle]

Look, I read the link. It says these numbers are a forecast, not actual numbers.

 

[dudmuck]

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

https://www.cnbc.com/2025/04/30/gdp-q1-2025-.html

The U.S. economy contracted in the first three months of 2025, fueling recession fears at the start of President Donald Trump’s second term in office as he wages a potentially costly trade war.

Gross domestic product, a sum of all the goods and services produced from January through March, fell at a 0.3% annualized pace, according to a Commerce Department report Wednesday adjusted for seasonal factors and inflation.

Economists surveyed by Dow Jones had been looking for a gain of 0.4% after GDP rose by 2.4% in the fourth quarter of 2024. However, over the past day or so some Wall Street economists changed their outlook to negative growth, largely due to an unexpected rise in imports as companies and consumers sought to get ahead of the Trump tariffs implemented in early April.

It didn't take long for trump to put his stamp on what was a growing economy.

 

[mudwhistle]

Trump's Depression has already started.

 

[Mac1958]

This is on one (1) person.

It may turn around, I have no idea.

But either way, this is on one (1) person.

 

[mudwhistle]

 

[FireFly]

ADP Payroll only +62k vs. expected +120k

 

[mudwhistle]

This is on one (1) person.

It may turn around, I have no idea.

But either way, this is on one (1) person.

 

[FireFly]

Consumer Expectation dropped the most in HISTORY!

 

[Mac1958]

View attachment 1106147

Speaking of that, have you figured out that the first quarter ended on March 31?

 

[mudwhistle]

So very little damage…geez we spent four years of Dem policies that made a record, majority of American worse off


And you are whining about .3? Not even a half percentage?

You people have no credibility and put party over country

Biden made Jimmy Carter's economy look great in comparison.

 

[mudwhistle]

Consumer Expectation dropped the most in HISTORY!

The worst economy evah!!!

 

[mudwhistle]

Jan 6th was the worst day in US history.

 

[JohnDB]

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

https://www.cnbc.com/2025/04/30/gdp-q1-2025-.html

The U.S. economy contracted in the first three months of 2025, fueling recession fears at the start of President Donald Trump’s second term in office as he wages a potentially costly trade war.

Gross domestic product, a sum of all the goods and services produced from January through March, fell at a 0.3% annualized pace, according to a Commerce Department report Wednesday adjusted for seasonal factors and inflation.

Economists surveyed by Dow Jones had been looking for a gain of 0.4% after GDP rose by 2.4% in the fourth quarter of 2024. However, over the past day or so some Wall Street economists changed their outlook to negative growth, largely due to an unexpected rise in imports as companies and consumers sought to get ahead of the Trump tariffs implemented in early April.

It didn't take long for trump to put his stamp on what was a growing economy.

The ONLY part of the economy that was growing was Government spending. The rest of the economy was shrinking and had been for four years post-pandemic as well as rampant double digit inflation induced by Government spending and borrowing. So even what we had as GDP was in fact shrinking as the candle burned from both sides.

Try again like the cayote....



Finally

 

[mudwhistle]

The ONLY part of the economy that was growing was Government spending. The rest of the economy was shrinking and had been for four years post-pandemic as well as rampant double digit inflation induced by Government spending and borrowing. So even what we had as GDP was in fact shrinking as the candle burned from both sides.

Try again like the cayote....



Finally

Nevermind the simple fact that people tend to cut back on spending after Christmas.

But this still is just a projection, or an estimate.

It's not actual numbers.

If there was any truth to it the fed would be announcing interest rate reductions.

 

[KissMy]

Trump Deficits are Exploding!