
Social Media Isn’t Buying Trump’s Excuse For Bad Economy Stats
HuffPost
One person noted that if the president is blaming the current situation on Joe Biden, then, “is he actually admitting that things are very bad?”
Donald Trump tried to play the blame game regarding the bad economic news announced on Wednesday, but few people on social media are buying his latest excuse.
A preliminary estimate shows the U.S. economy shrank by .3% during the first three months of Trump’s second term, compared to the 2.4% increase of gross domestic product during Joe Biden’s last quarter in office.
Experts say the numbers could be a warning sign of a pending recession, especially since Trump seems to be going full steam ahead on applying tariffs that could raise prices, crush growth and spike unemployment.
But while the shrinkage happened on Trump’s watch, he refused to concede one tiny, itsy-bitsy level of accountability in a post he made on his Truth Social platform before the stock markets opened.
“This is Biden’s Stock Market, not Trump’s,” Trump insisted. “I didn’t take over until January 20th.”













