Biden is still living rent-free inside Trump's head as Trump panics about recession

[short-Timer]

The only reason Trump is trying to blame Biden for the economy again is because the country was completely shocked today when the Q1 GDP growth figures were released.

US GDP fell by 0.3% in Q1 2025 and this is before the tariffs came in to play in April and began tanking the economy. The US Economy could already be in a recession if Q2 also posts at least the same level of negative GDP growth for the quarter. It's all but guaranteed to happen. 

 

[blaze master]

Rent free. Hahahahaha you just can't make this shhhhh up. 

[jerrymahoney]

NBC headline now:

 

Trump administration live updates: Trump says Biden is responsible if the economy shrinks in the second quarter

[spidermike007]

Trump has caused this devastation, and destruction of the economy with his very reckless and herky jerky tariff policies. There should be no surprise that we're heading toward a recession and the economy is going to see huge damage. The man is a one man wrecking crew. A numskull. A circus clown. Hopefully his supporters will see what a fool he is, sometime soon. 

[RSD1]

Trump's recession will be officially announced on July 31. More winning than ever before!

[hotsun]

3 minutes ago, RSD1 said:

Trump's recession will be officially announced on July 31. More winning than ever before!

Lefty predictions worth less than used toilet paper

[RSD1]

5 minutes ago, hotsun said:

Lefty predictions worth less than used toilet paper

I've been using Trump's right hand with used toilet paper for years already. Works almost as good at removing dingle berries as one of Trump's bibles made in China. Try it and you can thank me later.

[jerrymahoney]

[dinsdale]

I wonder how things would be looking if Harris won? One thing's for sure there would still be thousands crossing the southern borders every day and no proof of US citizenship ID would be needed to vote in elections.

[RSD1]

Bloomberg Evening Briefing - 30/July/2025

 

The US famously bounced back from a pandemic recession that struck like a hammer blow in 2020. Fueled by a massive government rescue effort that pumped tremendous amounts of money into the economy, the nation was soon outpacing rivals in a return to growth. The country that saw more than a million people killed by Covid-19 not only avoided a depression, but eventually reached a level of employment so high it matched a half century-old record from when Richard Nixon was president.

 

But that was then. For Donald Trump, it’s not Nixon but Gerald Ford that comes to mind this week. The president closes out his first 100 days in office able to claim almost-singlehanded responsibility for sending the S&P 500 Index down about 8%. It’s the worst first 100 days for markets since 1974, when Ford took over for his disgraced predecessor.

 

And it gets worse. Unlike the churning US economy of the last half of the Biden administration, Trump now presides over the first US economic contraction since 2022. Inflation-adjusted gross domestic product decreased an annualized 0.3% in the first quarter, well below average growth of about 3% in the prior two years.

 

The uncertainty over Trump’s chaotic tariff strategy, his radical push to deport undocumented workers, legal immigrants and foreign students, his mass firings of federal employees and a sometimes overt disdain for the US Constitution have all unnerved investors who a few short months ago were singing his praises. It’s all combined to send the S&P 500 diving into its seventh-fastest correction since 1929.

 

There was however some good news for Trump in today’s hard data, with consumer spending advancing more than economists had predicted. But that comes amid a parade of consumer sentiment surveys—including one yesterday—showing optimism nowhere to be found. Low-income Americans are already facing the hardship of high prices while wealthier individuals have been set back by this year’s drop in stock prices. And a closely watched measure of underlying inflation accelerated to a 3.5% pace in the first quarter—the most in a year. —David E. Rovella - Bloomberg News

[RSD1]

 

[NoDisplayName]

1 hour ago, short-Timer said:

Our country will boom,

 

Give it time, another couple weeks at least!

 

 

 

[RSD1]

8 minutes ago, dinsdale said:

I wonder how things would be looking if Harris won?

I wonder how things would be looking if you were capable of posting anything on topic?

[dinsdale]

8 minutes ago, RSD1 said:

The president closes out his first 100 days in office able to claim almost-singlehanded responsibility for sending the S&P 500 Index down about 8%. It’s the worst first 100 days for markets since 1974, when Ford took over for his disgraced predecessor.

S&D 500 over the last year.
https://www.moneycontrol.com/us-markets/

[hotsun]

13 minutes ago, dinsdale said:

I wonder how things would be looking if Harris won? One thing's for sure there would still be thousands crossing the southern borders every day and no proof of US citizenship ID would be needed to vote in elections.

Actual world war three. No doubt about it

[Tug]

10 minutes ago, dinsdale said:

I wonder how things would be looking if Harris won? One thing's for sure there would still be thousands crossing the southern borders every day and no proof of US citizenship ID would be needed to vote in elections.

Naa the bipartisan border bill would be law (or close to it)the economy would be in better shape Ukraine would be supported and the money spent would benefit us here in America we would be congratulating ourselves on dodging the coming recession (hopefully not a depression) we would be strengthening our alliances in the face of Russian aggression we would be governed by rule of law within our constitution…….and the felon would be trying to dodge the penitentiary.

[Tug]

39 minutes ago, jerrymahoney said:

Another good one Jerry thanks!!

[Walker88]

56 minutes ago, hotsun said:

Lefty predictions worth less than used toilet paper

More like a bum gun. VERY useful and cleansing.

 

Back after the election, those opposed to POTUS, myself included, predicted the guy would tank the market, tank the dollar and tank the economy, all while not lowering inflation.

 

Check, check, check and check.

 

It really isn’t any sort of prescience or a Nostradamus impersonation; it’s just knowing how incompetent POTUS is. His fans here chortled at our lack of belief in POTUS’s omniscience, but we were right. 100% right.

 

POTUS took the booming Biden economy and sent it into negative territory in his first 100 days. That’s uncannily bad. He also will keep the Republican record alive of not a single R POTUS NOT presiding over the start of a Recession or worse, going all the way back to the 1860s. So bad is this POTUS, that it will only take him his first 2 quarters to achieve that ignominious record, as the definition of Recession is two straight quarters of negative growth. As his “policies” take hold, Q2 is a guarantee of negative.

 

Also, prices rose more than even economists predicted, which means the other thing anti-MAGAs predicted: Stagflation.

 

So weak is he, the Blame Biden is not at all unexpected. Let’s see….+2.8% growth in Q4 2024, and -.3% decline in Q1 2025…..a person has to be not just dumb, but MAGAdumb to believe it’s Biden’s fault. I suspect POTUS will branch out, spread the blame, and add Fed Chief Powell, maybe Obama, and maybe even Hillary. Of course, if GDP had been up, he’d be taking full credit.

 

To deflect attention from his self-inflicted disaster, look for him to start a war. Maybe he chooses an easy win, as Reagan did with Grenada. That would put Panama in the crosshairs. I think he might choose to attack Iran, figuring it might galvanize the country behind him. It won’t. It will only make things worse, as Iran will be aided by China, and also sink ships in the Strait of Hormuz, sending the price of oil to $100 a barrel or higher and over $5/gallon at the pump. Iran using Chinese weapons will sink US carriers. Of course, he'll blame Biden for that mayhem, too.

 

Elsewhere, I have said the stock market will not see a new high for 25 years. Some MAGAs don’t seem to understand what that means, as they think it means a 25 year bear market. No, it just means no new highs for 25 years. The bear market might end in a decade or less, especially if Dems retake both houses of Congress in 2026 and the White House in 2028. Dems always have to clean up Republican messes. Clinton did, Obama did and Biden did, as each inherited a Recession.

 

To add some historical perspective, Japan peaked at 38,915.87 on 28 December 1989. It’s bear market lasted until around 2009, hitting a low of 7000 basis Nikkei. It began a recovery at that point, but did not set a new high for another 16 years, or 35 years from its 1989 peak.

 

[hotsun]

8 minutes ago, Walker88 said:

More like a bum gun. VERY useful and cleansing.

 

Back after the election, those opposed to POTUS, myself included, predicted the guy would tank the market, tank the dollar and tank the economy, all while not lowering inflation.

 

Check, check, check and check.

 

It really isn’t any sort of prescience or a Nostradamus impersonation; it’s just knowing how incompetent POTUS is. His fans here chortled at our lack of belief in POTUS’s omniscience, but we were right. 100% right.

 

POTUS took the booming Biden economy and sent it into negative territory in his first 100 days. That’s uncannily bad. He also will keep the Republican record alive of not a single R POTUS NOT presiding over the start of a Recession or worse, going all the way back to the 1860s. So bad is this POTUS, that it will only take him his first 2 quarters to achieve that ignominious record, as the definition of Recession is two straight quarters of negative growth. As his “policies” take hold, Q2 is a guarantee of negative.

 

Also, prices rose more than even economists predicted, which means the other thing anti-MAGAs predicted: Stagflation.

 

So weak is he, the Blame Biden is not at all unexpected. Let’s see….+2.8% growth in Q4 2024, and -.3% decline in Q1 2025…..a person has to be not just dumb, but MAGAdumb to believe it’s Biden’s fault. I suspect POTUS will branch out, spread the blame, and add Fed Chief Powell, maybe Obama, and maybe even Hillary. Of course, if GDP had been up, he’d be taking full credit.

 

To deflect attention from his self-inflicted disaster, look for him to start a war. Maybe he chooses an easy win, as Reagan did with Grenada. That would put Panama in the crosshairs. I think he might choose to attack Iran, figuring it might galvanize the country behind him. It won’t. It will only make things worse, as Iran will be aided by China, and also sink ships in the Strait of Hormuz, sending the price of oil to $100 a barrel or higher and over $5/gallon at the pump. Iran using Chinese weapons will sink US carriers. Of course, he'll blame Biden for that mayhem, too.

 

Elsewhere, I have said the stock market will not see a new high for 25 years. Some MAGAs don’t seem to understand what that means, as they think it means a 25 year bear market. No, it just means no new highs for 25 years. The bear market might end in a decade or less, especially if Dems retake both houses of Congress in 2026 and the White House in 2028. Dems always have to clean up Republican messes. Clinton did, Obama did and Biden did, as each inherited a Recession.

 

To add some historical perspective, Japan peaked at 38,915.87 on 28 December 1989. It’s bear market lasted until around 2009, hitting a low of 7000 basis Nikkei. It began a recovery at that point, but did not set a new high for another 16 years, or 35 years from its 1989 peak.

 

My one liner prompted an essay. Not reading that

[sharot724]

Throwing blame on Biden is an indicator that some real bad <deleted> is about to happen again.... pretty much as expected

[Mike_Hunt]

3 hours ago, short-Timer said:

The only reason Trump is trying to blame Biden for the economy again is because the country was completely shocked today when the Q1 GDP growth figures were released.

US GDP fell by 0.3% in Q1 2025 and this is before the tariffs came in to play in April and began tanking the economy. The US Economy could already be in a recession if Q2 also posts at least the same level of negative GDP growth for the quarter. It's all but guaranteed to happen. 

 

Trump is living rent free in your head. 

[bamnutsak]

"NOTHING TO DO WITH THE TARIFFS."

 

 

trump tries his hand at the Jedi Mind Trick.

 

Epic fail.

[Thailand J]

1 hour ago, dinsdale said:

S&D 500 over the last year.
https://www.moneycontrol.com/us-markets/

1/8   of my money is in BRK/B.

up 18% ytd, 34% in a yr.

 

 

[Walker88]

1 hour ago, dinsdale said:

I wonder how things would be looking if Harris won? One thing's for sure there would still be thousands crossing the southern borders every day and no proof of US citizenship ID would be needed to vote in elections.

Those single Mom's dragging two kids 800 miles on foot from Central America do represent a threat greater than Freddy Kreuger or the Texas Chainsaw Massacre guy, maybe as great as Kellyanne's Bowling Green Massacre.

 

The current economic decline is totally self inflicted. POTUS always shoots himself in the foot, while his foot's in his mouth, and his head is up his arse. Nobody can fail like him. Many people are saying he's the best failure ever.

 

The economy might have had, at worst, a soft landing if Harris had won. The Lankford Border Bill (Yes, the one drawn up by that conservative Republican) would likely have been approved, and the border just fine, so easily scared MAGAs could sleep at night. 401Ks would still be plump, the US would be respected, unemployment would have held steady, and Consumer Confidence would still be strong.

[JAG]

1 hour ago, dinsdale said:

I wonder how things would be looking if Harris won? One thing's for sure there would still be thousands crossing the southern borders every day and no proof of US citizenship ID would be needed to vote in elections.

Desperation kicking in?

 

Go for the ultimate MAGA panacea, the explanation for all their woes.

 

Blame it on Hunter Bidens laptop!

[Walker88]

35 minutes ago, Mike_Hunt said:

Trump is living rent free in your head. 

Odd that when someone posts those things called "facts", the only response some people can produce is the old "rent free" epithet.

 

I think it's lack of imagination, as well as the three monkey meme...no see, no hear, no speak.

[Mike_Hunt]

7 minutes ago, Walker88 said:

Odd that when someone posts those things called "facts", the only response some people can produce is the old "rent free" epithet.

 

I think it's lack of imagination, as well as the three monkey meme...no see, no hear, no speak.

Look, Nazi Walker is back. 

[dinsdale]

5 minutes ago, Walker88 said:

Those single Mom's dragging two kids 800 miles on foot from Central America do represent a threat greater than Freddy Kreuger or the Texas Chainsaw Massacre guy, maybe as great as Kellyanne's Bowling Green Massacre.

 

Estimates range from 10-20 million over the 4 years. Many women raped by cartel. Women and children being trafficked. Fentanyl flooding into the US.  Criminals getting a free pass. Illegals immigrants getting massive tax payer support. I guess though your asinine comment represents reality much better. 

[Mike_Hunt]

10 minutes ago, Walker88 said:

Odd that when someone posts those things called "facts", the only response some people can produce is the old "rent free" epithet.

 

I think it's lack of imagination, as well as the three monkey meme...no see, no hear, no speak.

April 30 must have been a dark day for you.  

[Walker88]

1 hour ago, hotsun said:

Actual world war three. No doubt about it

Really? Would we be fighting the Martians or Klingons?