Trump blames Biden ‘overhang’ after GDP shrinks in first quarter, says growth will ‘take a while’

After Trump’s first 100 days, the best is yet to come on taxes, trade and immigration as President promises Biden ‘overhang’ will pass

“I didn’t take over until January 20th. Tariffs will soon start kicking in, and companies are starting to move into the USA in record numbers.

‘Crooked Joe or Sleepy Joe?’: Trump fixates on Biden while deflecting blame during rocky first 100 days of presidency

WASHINGTON, May 2 — Six months after defeating Joe Biden, President Donald Trump is back in power but remains obsessed with his White House predecessor, taking every opportunity to blame the man who remains his greatest political bugbear. The country’s GDP fell in the first quarter because of the “overhang” from the Democrat’s presidency, Trump insisted Wednesday on his Truth Social network. Hours later during a cabinet meeting, he denied any li…

Trump Called Out Using His Own Past Tweet After He Tried To Blame The Economy On Biden

After President Donald Trump declared that former President Joe Biden is to blame for for current stock market performance—saying "this is Biden's stock market, not Trump's" in a rant on Truth Social—people quickly fact-checked him for previously taking credit for the stock market when Biden was in office.A preliminary estimate shows the U.S. economy contracted by 0.3% in the first quarter of Trump’s second term, a sharp contrast to the 2.4% GDP…

Hinson blames Biden, not Trump's tariffs, for 1st quarter's downturn - Radio Iowa

A new report from the U.S. Department of Commerce shows the nation’s economy just had its weakest quarter in three years, which Iowa Congresswoman Ashley Hinson blames on the policies of the previous administration. Hinson, a Republican from Marion, says the recent downturns in consumer confidence, the stock market, and the gross domestic product are […]

The U.S. economy is going through a complicated moment, and the reactions didn’t wait. After revealing that the economy contracted for the first time in three years, former President Donald Trump didn’t waste time blaming Joe Biden. According to the original report, with a very distinctive tone on his social networks, Trump accused the Biden administration of having created a “negative surplus” in the market, although he himself has been in powe…

Can Trumpian Volatility Be Mitigated? | by Qiyuan Xu - Project Syndicate

The US economy’s current travails can be traced directly to the president, who has emerged as the economy’s most destabilizing factor. In such circumstances, traditional policy instruments, honed over decades of economic management, are not fit for purpose.