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Started By
Message
re: U.S. economy shrank 0.3% in the first quarter of 2025
Posted on 4/30/25 at 11:10 am to RLDSC FAN
Posted on 4/30/25 at 11:10 am to RLDSC FAN
Passing Economics 2001/2002 must be a requirement for US Presidents.
From Biden’s stimulus during COVID supply chain, etc inflationary period (exact opposite of what should have been done) to Trump’s deeply questionable total cost / benefit from tariffs…
Just need a C in both. Will take C-
That’s it.
From Biden’s stimulus during COVID supply chain, etc inflationary period (exact opposite of what should have been done) to Trump’s deeply questionable total cost / benefit from tariffs…
Just need a C in both. Will take C-
That’s it.
Posted on 4/30/25 at 11:16 am to RLDSC FAN
Not that the Trump economic plan is without some risk, but this is to be expected when you hit the reset button on the global economic model. Which was broken, btw. The US and China will reach a trade deal eventually, but it will be more advantageous to the US. I trust that Scott Bessent knows exactly what needs to be done.
Posted on 4/30/25 at 11:22 am to RLDSC FAN
Down 0.03% !?!?! We’re all gonna die!!!! (Sarcasm)
Posted on 4/30/25 at 11:35 am to TigerMan327
quote:
Am I reading that we would have had ~5% growth if weren't for massive imports due to stocking up for trade war
Yes. This is a self imposed contraction
Posted on 4/30/25 at 12:08 pm to RLDSC FAN
I keep hearing how the economy is tanking but my wallet continues to disbelieve this. It's putting on weight rather well these days.
Posted on 4/30/25 at 12:22 pm to funnystuff
quote:
I’m a professional economist. Y’all don’t understand the variable you are talking about. This is the Dunning Kruger Effect in action. You don’t know enough about GDP to know what you don’t know.
See my other reply immediately prior to this one.
The article quotes BEA numbers, which you are surely familiar with if you are what you say you are. I provided the actual graph for you showing how the GDP calculation was made, directly from the BEA's website.
If you can address the graphs provided directly, then someone might start to believe you. Right now, you're avoiding the question, which makes you look more like an attorney than an economist, and no one wants that label.
Posted on 4/30/25 at 12:32 pm to TooFyeToFly
You can't tell these trumptards anything man.....they know everything. 
Posted on 4/30/25 at 12:34 pm to RLDSC FAN
Not good when Donnie has pivoted from saying he doesn't care about the stock market to blaming senile Joe
Posted on 4/30/25 at 12:47 pm to BigGreenTiger
Looking back, maybe have one old arse senial candidate and one old arse egomaniac candidate wasn’t good
There is zero endgame to what Trump is doing. He is doing angry old man shite
There is zero endgame to what Trump is doing. He is doing angry old man shite
This post was edited on 4/30/25 at 12:49 pm
Posted on 4/30/25 at 2:03 pm to lsupride87
quote:
It also doesn’t help when you have a fiscally liberal president for a 17th straight year
W not fiscally conservative
Posted on 4/30/25 at 2:10 pm to Roaad
quote:
Tariffs have consequences
Real GDP down.
Consumption down.
Prices up.

Posted on 4/30/25 at 2:28 pm to TigerHornII
I really hope you’re just a paid shill working to intentionally create division and anger…
That somehow feels like a preferable explanation over knowing that someone is genuinely this dense.
Go back and reread the post directly before the one you responded to. Read it very slowly. It explains, very clearly, what you are failing to understand
That somehow feels like a preferable explanation over knowing that someone is genuinely this dense.
Go back and reread the post directly before the one you responded to. Read it very slowly. It explains, very clearly, what you are failing to understand
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