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Posted


 

 

Looks like ol’ Donny is happy to take credit for the pumps, but when he consequences of his policy (if one can call it that) come knocking on the door, he panics and blames Biden. 
 

How sad! 
 

Also GDP has nothing to do with the stock market; if anything, it’s the other way around. 

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Posted

Steve Rattner this morning:

 

- Strip out the effects of Trump's tariffs (mostly increased beat-the-tariffs import activity) and GDP GREW by about 2 percent on an annualized basis in Q1.

- So Q1 was, indeed, the continuation of "the Biden Economy" - sustained growth, low unemployment, decreasing inflation.

 

Trump blew that up with anticipated tariffs, and then actual imposition of tariffs (which happened in early April, Q2).

 

His analysis is obviously correct.

 

 

Posted
On 5/1/2025 at 11:32 AM, The Frankish Reich said:

Steve Rattner this morning:

 

- Strip out the effects of Trump's tariffs (mostly increased beat-the-tariffs import activity) and GDP GREW by about 2 percent on an annualized basis in Q1.

- So Q1 was, indeed, the continuation of "the Biden Economy" - sustained growth, low unemployment, decreasing inflation.

 

Trump blew that up with anticipated tariffs, and then actual imposition of tariffs (which happened in early April, Q2).

 

His analysis is obviously correct.

 

 

It’s the current admin’s brilliance when things go well.


It’s the other guys fault when it doesn’t.

 

This is politics, man.  Same as it ever was…

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