U.S. Economy Shrank in First Quarter 2025; Trump blames Biden

[Dutch Uncle]

Maybe YOU'D also like to swing by my prediction thread come July 31st when I am shown to be correct once AGAIN? Or did I already say the same thing to you before?

Your delusions are fascinating, Sybil.

 

[T. A. Gardner]

It shrank 0.3%. That's within the margin of error for calculations.

Also, a major contributor to that shrinkage was the massive reduction in government spending by 5.1% due to DOGE. However, economists et al., had been predicting far bigger drops that didn't even come close to happening...

US economy shrunk by 0.3 per cent in first quarter

The United States economy shrunk by 0.3 per cent in the first three months of 2025, after American companies raced to get ahead of Donald Trump’s sweeping tariffs by stockpiling imports. According to official government data, the US economy fell into contraction from growth of 2.4 per cent, with...

uk.finance.yahoo.com

MSN

 

[NiftyNiblick]

America voted for this repugnant shit show.
Why are we focusing on Trump instead of the mutant trumpanzees truly responsible?

One person can't fuck up America.
77 million + Americans can and did.

Yes, Trump is as disgusting an organism as has ever lived on this planet,
and no sane person would deny that.

But this dumpster fire is NOT his fault.
It's the fault of every single American who was eligible to vote
and did not vote for Kamala Harris, the only person in plausible position to stop him.

None of you are as good at hating as I am--you're amateurs at it, really--
but if you're going to try, at least know whom to hate.

 

[Dutch Uncle]

America voted for this repugnant shit show.
Why are we focusing on Trump instead of the mutant trumpanzees truly responsible?

One person can't fuck up America.
77 million + Americans can and did.

Yes, Trump is as disgusting an organism as has ever lived on this planet,
and no sane person would deny that.

But this dumpster fire is NOT his fault.
It's the fault of every single American who was eligible to vote
and did not vote for Kamala Harris, the only person in plausible position to stop him.

None of you are as good at hating as I am--you're amateurs at it, really--
but if you're going to try, at least know whom to hate.

Only 49.9% of them did and most are regretting it now. Most Americans voted for someone other than Pedo Don. That's the 60% who bothered to vote at all.

 

[Cypress]

It shrank 0.3%. That's within the margin of error for calculations.

Also, a major contributor to that shrinkage was the massive reduction in government spending by 5.1% due to DOGE. However, economists et al., had been predicting far bigger drops that didn't even come close to happening...

US economy shrunk by 0.3 per cent in first quarter

The United States economy shrunk by 0.3 per cent in the first three months of 2025, after American companies raced to get ahead of Donald Trump’s sweeping tariffs by stockpiling imports. According to official government data, the US economy fell into contraction from growth of 2.4 per cent, with...

uk.finance.yahoo.com

MSN

Your own link shows the economic contraction was larger than expected, and that next quarter the economy is expected to slow further.

The inflation-adjusted figures marked the first quarterly contraction from the US economy since 2022. They outstripped initial estimates by economists, many of whom had anticipated the US economy to slow, but not contract.

The trade war is expected to slow US economic activity further over the course of of the next quarter, leaving the largest economy in the world facing the real prospect of entering a technical recession this year.

 

[NiftyNiblick]

Only 49.9% of them did and most are regretting it now. Most Americans voted for someone other than Pedo Don. That's the 60% who bothered to vote at all.

Regretting it now redeems nobody.
Suicide is the only acceptable act of contrition for anybody who ever cast a vote for pigdhit Trump.

I know that you may not agree with that,
but I also know it to be an absolute, certain fact.
I think you know I'm sincere about this.

 

[Dutch Uncle]

Your own link shows the economic contraction was larger than expected, and that next quarter the economy is expected to slow further.

The inflation-adjusted figures marked the first quarterly contraction from the US economy since 2022. They outstripped initial estimates by economists, many of whom had anticipated the US economy to slow, but not contract.

The trade war is expected to slow US economic activity further over the course of of the next quarter, leaving the largest economy in the world facing the real prospect of entering a technical recession this year.

MAGAts have alternative facts.

 

[Cypress]

MAGAts have alternative facts.

The US economy was seeing really decent GDP growth up until Trump took office.

 

[Dutch Uncle]

The US economy was seeing really decent GDP growth up until Trump took office.

The MAGAts don't fault Trump for COVID or the pandemic but the fault Biden for the recovery. They don't fault Trump for tubing a recovering economy but fault Biden for Trump's actions.

 

[gfm7175]

It shrank 0.3%. That's within the margin of error for calculations.

Also, a major contributor to that shrinkage was the massive reduction in government spending by 5.1% due to DOGE. However, economists et al., had been predicting far bigger drops that didn't even come close to happening...

US economy shrunk by 0.3 per cent in first quarter

The United States economy shrunk by 0.3 per cent in the first three months of 2025, after American companies raced to get ahead of Donald Trump’s sweeping tariffs by stockpiling imports. According to official government data, the US economy fell into contraction from growth of 2.4 per cent, with...

uk.finance.yahoo.com

MSN

Yup, and like I mentioned earlier, take a close look at the investment and import numbers on that report. Both of them are WAY up, especially imports, and that massive spike in imports is what is causing the top-line GDP number to be much lower than it would otherwise be.

In this case, it's very clear that businesses are re-tooling to manufacture their products here in the USA (due to Trump's tariffs). Q2's GDP figure, with a massive decrease in imports, will be much higher. Therefore, this -0.3% GDP top-line number is not a cause for concern; the "pro-Main Street" MAGA agenda is moving forward according to plan.

Libtards can't see two feet ahead of their own pecker, and will be dead silent about the to-be-high top-line GDP figure (come July 31st). Instead, they will have been programmed to divert their attention away from the top-line GDP figure and towards the upcoming massive decrease in imports, which they will consider to be "the negative effects of Trump's tariffs", and you will also be hearing about "empty shelves" (whether true or not, whether caused by leftist shenanigans or not).

The Trump Admin would be wise to proactively divert the shipping of most/all "vital" imports away from the West Coast (the ILWA) and towards the East & South Coast instead.

 

[Into the Night]

U.S. Economy Shrank in First Quarter, in Reading Clouded by Messy Trade Data​

The chaotic start to President Trump’s second term roiled the economy at the beginning of the year, as consumers and businesses scrambled to react to a constant stream of tariff announcements and policy shifts.

The policies, and the uncertainty they created, were enough to push economic growth into reverse in the first quarter. U.S. gross domestic product, adjusted for inflation, declined at an 0.3 percent annual rate in the first three months of the year, the Commerce Department said Wednesday, a stunning reversal from the strong growth at the end of last year.

Trump Blames Biden After U.S. Economy Shrinks Amid Tariff War

Underlying economic growth remained solid in early 2025, but tariffs and uncertainty are expected to cause a further slowdown.

www.nytimes.com

GDP is not the economy, Sybil.

 

[Into the Night]

Trump will never admit he screwed everything up,

Why should he? He didn't screw anything up.

So he has to blame somebody. Biden left him a good economy and Trump screwed it up like he does everything.

Economic depression is not a good economy, Tball. You can't blame Democrat problems on Trump!

 

[Into the Night]

That's standard practice in the Republican Party. Many GOP representatives have bragged about bringing infrastructure projects to their districts, that are funded by Biden's infrastructure bill which they voted against.

Biden has no infrastructure bill, Sybil.

 

[Into the Night]

Blaming Biden is truly a farce.

I can't recall a time when a President so fully owned the economy.

He doesn't.

Everything that is happening now is happening because of Trump's decades-long obsession w/ tariffs and paranoid fantasy that we're getting "ripped off."

The economy is improving, but some of the effects of the economic depression by Democrats still lingers.

 

[Into the Night]

Really, it seems like the only time Trump takes accountability for anything is if it's something good that he didn't do.

...such as...?

You better go back to being a loser serving drinks to other losers.

 

[Into the Night]

That's standard practice in the Republican Party. Many GOP representatives have bragged about bringing infrastructure projects to their districts, that are funded by Biden's infrastructure bill which they voted against.

Biden had no infrastructure bill.

 

[Into the Night]

So, no MAGA's want to comment on how Trump turned a growing economy into a quickly shrinking economy in just 3 months?

MAGA isn't a person, Barfly. The economy isn't shrinking.

 

[Into the Night]

Oh, Sybil!

He is not you, Sybil.

 

[Into the Night]

The MAGAts don't fault Trump for COVID or the pandemic but the fault Biden for the recovery. They don't fault Trump for tubing a recovering economy but fault Biden for Trump's actions.

MAGA isn't a person, Sybil.
Democrats started the current economic depression. You can't blame Trump for Democrats, Sybil.

 

[Into the Night]

Yup, and like I mentioned earlier, take a close look at the investment and import numbers on that report. Both of them are WAY up, especially imports, and that massive spike in imports is what is causing the top-line GDP number to be much lower than it would otherwise be.

In this case, it's very clear that businesses are re-tooling to manufacture their products here in the USA (due to Trump's tariffs). Q2's GDP figure, with a massive decrease in imports, will be much higher. Therefore, this -0.3% GDP top-line number is not a cause for concern; the "pro-Main Street" MAGA agenda is moving forward according to plan.

Libtards can't see two feet ahead of their own pecker, and will be dead silent about the to-be-high top-line GDP figure (come July 31st). Instead, they will have been programmed to divert their attention away from the top-line GDP figure and towards the upcoming massive decrease in imports, which they will consider to be "the negative effects of Trump's tariffs", and you will also be hearing about "empty shelves" (whether true or not, whether caused by leftist shenanigans or not).

The Trump Admin would be wise to proactively divert the shipping of most/all "vital" imports away from the West Coast (the ILWA) and towards the East & South Coast instead.

The economy IS improving, but the effects of the economic depression started by Democrats still linger.