Morphine Prince 109,960 Posted April 30, 2025 Share Posted April 30, 2025 The U.S. economy shrank at a 0.3% annual pace from January through March, the first drop in three years, as President Donald Trump’s trade wars disrupted business. First-quarter growth was slowed by a surge in imports as companies in the United States tried to bring in foreign goods before Trump imposed massive tariffs. The January-March drop in gross domestic product — the nation’s output of goods and services — reversed a 2.4% gain in the last three months of 2024. Imports grew at a 41% pace, fastest since 2020, and shaved 5 percentage points off first-quarter growth. Consumer spending also slowed sharply — to 1.8% growth from 4% in October-December last year. Federal government spending plunged 5.1% in the first quarter. Read more: https://apnews.com/article/economy-trump-gdp-tariffs-inflation-trade-28a0da24c803c4796eb32704cd0244cc Link to post Share on other sites More sharing options...
27monster27 16,040 Posted April 30, 2025 Share Posted April 30, 2025 OprahShrug.gif he/him/his Link to post Share on other sites More sharing options...
FfFfFfFF 58,737 Posted April 30, 2025 Share Posted April 30, 2025 Trump about to enter his Witness era.. look at these first quarter sales. Link to post Share on other sites More sharing options...
Flareon Voyager 379 Posted April 30, 2025 Share Posted April 30, 2025 Yasssssss Link to post Share on other sites More sharing options...
Ladle Ghoulash 55,288 Posted April 30, 2025 Share Posted April 30, 2025 bUt hE’s bEtTeR fOr tHe eCoNoMy!!! We have forgotten our public MANNERS Link to post Share on other sites More sharing options...
Lord Mayhem 3,595 Posted April 30, 2025 Share Posted April 30, 2025 Yes Trump and his cult loyalists always somehow spin the worst data, polling, numbers, & effects as the best thing to happen since America's founding Link to post Share on other sites More sharing options...
Morphine Prince 109,960 Posted April 30, 2025 Author Share Posted April 30, 2025 2 minutes ago, Ladle Ghoulash said: bUt hE’s bEtTeR fOr tHe eCoNoMy!!! All my relatives who voted for Trump because of the economy are SILENT Link to post Share on other sites More sharing options...
lastpopicon 37,339 Posted April 30, 2025 Share Posted April 30, 2025 isn't this a recession? The melody that you choose can rescue you Link to post Share on other sites More sharing options...
lastpopicon 37,339 Posted April 30, 2025 Share Posted April 30, 2025 Who knew the guy that bankrupted like 6 casinos couldn't run the biggest economy in the world, nobody could have anticipated that. The melody that you choose can rescue you Link to post Share on other sites More sharing options...
iAstroLeo 14,459 Posted April 30, 2025 Share Posted April 30, 2025 ITS BIDENS FAULT!! Fake news! The economy has never been better! Link to post Share on other sites More sharing options...
Chromatislaps 34,854 Posted April 30, 2025 Share Posted April 30, 2025 and this all started with "But her emails" Link to post Share on other sites More sharing options...
thefamebitch 834 Posted April 30, 2025 Share Posted April 30, 2025 Suddenly all the people whining about the economy over the last year or two are awfully quiet. Why aren’t they screeching like they did before? Oh yeah cause a democrat isn’t in office. Truly pathetic. Can’t wait to see what’s in store for them!!! Link to post Share on other sites More sharing options...
Nagini 4,299 Posted April 30, 2025 Share Posted April 30, 2025 45 minutes ago, lastpopicon said: isn't this a recession? Banks released POVs a few weeks about economic lookout in second half of the year-- a recession is technically 2 quarters of negative GDP growth, which we will absolutely see Q2. Link to post Share on other sites More sharing options...
Nagini 4,299 Posted April 30, 2025 Share Posted April 30, 2025 23 minutes ago, Chromatislaps said: and this all started with "But her emails" Literally. She legit lost the election at the very last second because she used a personal email address to chat with colleagues. Read that again... are you serious.... Link to post Share on other sites More sharing options...
Morphine Prince 109,960 Posted April 30, 2025 Author Share Posted April 30, 2025 19 minutes ago, Nagini said: Banks released POVs a few weeks about economic lookout in second half of the year-- a recession is technically 2 quarters of negative GDP growth, which we will absolutely see Q2. Get ready for the moaning when they declare a recession in July. He’s already blaming Biden for Q2 Link to post Share on other sites More sharing options...
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