Connect with us

News

‘Please Chill This Is Going Great’: Trump Mocked for Blaming Biden Amid Poor Economic Data

Published

on

President Donald Trump, the Trump White House, and top administration officials are insisting Wednesday’s first quarter negative GDP numbers — showing a contracting economy for the first time in almost three years, since COVID — are actually good news but also the fault of President Joe Biden.

The New York Times characterized President Trump’s first quarter results as “a stunning reversal from the strong growth at the end of last year.”

Speaking at a televised Cabinet meeting on Wednesday, President Trump, reading from notes on the GDP results, said, “you know, you probably saw some numbers today. And I have to start off by saying, that’s Biden. That’s not Trump, because we came in on January just the quarterly numbers, and we came in and I was very against everything that Biden was doing in terms of the economy destroying our country.”

Later, at that same meeting, Trump continued.

The stock market, Trump insisted “in this case is it says how bad a situation we inherited.”

READ MORE: ‘Prices Go Up’: Economist Mocks Treasury Secretary’s ‘Empty Shelves’ Position

Leading economists say President Biden handed President Trump a robust economy — which is now in crisis, much like when President Barack Obama handed Trump a robust economy, which Trump reportedly handed over to Biden in “shambles.”

“I took place, this is a quarter that we looked at today. And I took place, we took, all of us together, we came in on January 20th,” said, Trump, appearing to stumble over his words. “So this is Biden, and you can even say the next quarter is sort of Biden, because it doesn’t just happen on a daily or even hourly basis.”

The Independent’s Andrew Feinberg challenged Trump on those points.

“You frequently took credit for the stock market highs. You said it was a reflection of how well you were doing in the polls, and then after you were elected, you said the stock market highs were a reflection of how well the transition’s going and the American people’s confidence in your incoming administration,” Feinberg declared. “Now, the stock market’s not doing so well, and you’re saying that’s the Biden stock market, yet you are the president. Can you explain that?”

“No,” Trump replied. “I’m not taking credit or discredit for the stock market.”

The negative GDP numbers are for the full months of January, February, and March, so about 20 days short of the full three months took place on President Trump’s watch.

RELATED: As US Economy Shrinks Trump Appears Unaware of Crisis: ‘This Is Biden’s Stock Market’

But even Trump claimed credit for strong stock market numbers before he was sworn in to office — nearly one full year before he was sworn in to office, as political scientist Ian Bremmer noted:

Trump earlier on Wednesday had posted to his Truth Social account, “This is Biden’s Stock Market, not Trump’s. I didn’t take over until January 20th. Tariffs will soon start kicking in, and companies are starting to move into the USA in record numbers. Our Country will boom, but we have to get rid of the Biden ‘Overhang.’ This will take a while, has NOTHING TO DO WITH TARIFFS, only that he left us with bad numbers, but when the boom begins, it will be like no other. BE PATIENT!!!”

As the Times noted, Peter Navarro, Senior Counselor to the President for Trade and Manufacturing, and a convicted felon who served in the first Trump administration, claimed that the G.D.P. figures “really should be very positive news for America.”

The Times remarked, “Few economists agree.”

It is not just President Trump and his trade architect Peter Navarro, attempting to “spin” the negative numbers.

“Well, look,” Trump White House Deputy Press Secretary Anna Kelly told C-SPAN on Wednesday, “if you break it down, there is an outsized influence of January in that [GDP] report. Remember, this president wasn’t elected until January 20th. The GDP is a backward looking indicator, but all the other indicators that what we do have from that report and others show that there is a really positive trend for this president’s new golden age that he is unleashing.”

At President Trump’s Cabinet meeting, Treasury Secretary Scott Bessent praised the president’s “momentous” first 100 days and asserted that “American families are finding their financial footing again”—a claim at odds with recent consumer confidence reports, which have fallen to their lowest levels since the early days of the COVID-19 pandemic.

Bessent also stated that “energy costs are down, mortgage rates have plummeted, and food costs are moving lower.” However, each of those claims is subject to challenge, with data and examples that suggest the opposite in many cases.

In a statement, White House Press Secretary Karoline Leavitt claimed “New Data Reveals Strong Economic Momentum.”

“It’s no surprise the leftovers of Biden’s economic disaster have been a drag on economic growth, but the underlying numbers tell the real story of the strong momentum President Trump is delivering. Robust core GDP, the highest gross domestic investment in four years, job growth, and trillions of dollars in new investments secured by President Trump are fueling an economic boom and setting the stage for unprecedented growth as President Trump ushers in the new Golden Age.”

Aaron Fritschner, Deputy Chief of Staff for U.S. Rep. Don Beyer (D-VA), observed, “The White House statement on the GDP report simultaneously takes the positions that the economy contracting in the first quarter is both a good thing and Biden’s fault.”

Meanwhile, critics are blasting Trump and his administration.

“If you’re keeping track, Candidate Trump claimed credit for a booming stock market a year before he would ultimately take office, but here President Trump blames his predecessor after 100 days of his stewardship of the economy,” wrote NBC News senior White House correspondent Garrett Haake.

And in an all-caps post, U.S. Senator Brian Schatz (D-HI), the Democrats’ Chief Deputy Whip, appeared to mock Trump: “Last year when the stock market was booming that was because of me but now that I am president the problems are Bidens fault please chill this is going great I’m making deals be patient shortages are fine aaaaahhhhhh.”

Watch the videos above or at this link.

READ MORE: ‘Great Jobs of the Future’ Are Generations of Family Factory Work Says Commerce Secretary

 

Image via Reuters
There's a reason 10,000 people subscribe to NCRM. You can get the news before it breaks just by subscribing, plus you can learn something new every day.
Continue Reading
Click to comment
 
 

Enjoy this piece?

… then let us make a small request. The New Civil Rights Movement depends on readers like you to meet our ongoing expenses and continue producing quality progressive journalism. Three Silicon Valley giants consume 70 percent of all online advertising dollars, so we need your help to continue doing what we do.

NCRM is independent. You won’t find mainstream media bias here. From unflinching coverage of religious extremism, to spotlighting efforts to roll back our rights, NCRM continues to speak truth to power. America needs independent voices like NCRM to be sure no one is forgotten.

Every reader contribution, whatever the amount, makes a tremendous difference. Help ensure NCRM remains independent long into the future. Support progressive journalism with a one-time contribution to NCRM, or click here to become a subscriber. Thank you. Click here to donate by check.

News

Platner Scorched Over ‘Taking Time’ Video After New Accusation

Published

on

Maine Democratic U.S. Senate nominee Graham Platner is under fire after releasing a video declaring that new allegations against him are false, yet he is “taking time to reflect” on a path forward.

Politico on Monday afternoon reported that a woman who dated Platner, Jenny Racicot, “says he forced her to have sex with him nearly five years ago despite her repeated objections, an allegation Platner denies.”

“Racicot said she had an on-and-off relationship with Platner,” Politico reported, “for more than two years before he entered her rural Maine home uninvited one night in late 2021, deeply intoxicated, and forced himself on her while she repeatedly told him to stop. She said she cut off contact with him after telling him the encounter was not consensual.”

In a video posted to social media eleven minutes after the Politico story dropped, Platner says, “I wanted to directly address the troubling, serious, and false allegations against me. Any accusation of nonconsensual behavior is categorically false.”

He said he and his supporters “were united in a love of Maine, a belief that our politics must change, in a focus on defeating Susan Collins.”

“So, regardless of the inaccuracy of the reporting, but mindful the political reality will inflict, we are taking the time to reflect on the best path forward for the state that I love, the people that I love, the movement I belong to, and the goal of defeating Susan Collins.”

“Those were the goals when we launched this campaign. And they remain my goals today.”

“Throughout it all, you never turned your back on me. And I will not turn my back on you now. Every one of you deserves to see that vision come to fruition and see Susan Collins defeated. And we will use every tool at our disposal to do so.”

The Bulwark’s Tim Miller, a political commentator who served as the communications director for the Jeb Bush 2016 presidential campaign, blasted Platner.

“I’m sorry but ‘we are taking time to reflect on the best path forward’ is not an option on the table,” Miller wrote. “Either it’s false and you campaign with vigor or it’s true and you get out / apologize to everyone you let down.”

Journalist Ryan Grim, commenting on Platner’s video, noted that Platner “strongly suggests he is considering dropping out. Already Troy Jackson and Chellie Pingree, both gubernatorial candidates, are being kicked around in Maine circles as potential replacements.”

Several others, including Puck News’ Peter Hamby, predicted Platner will be dropping out.

Platner had postponed several campaign events before the Politico story was published.

Continue Reading

News

Trump Sparks Fury Online After Posting Unblurred Video of Muslim Kindergartners in Hijabs

Published

on

President Donald Trump is facing backlash after posting a video of children — including showing their unblurred faces — graduating from kindergarten, with some of the girls purportedly wearing hijabs.

“President Trump posted a captionless video of graduating kindergarteners on Truth Social on Monday, goading his supporters into verbally attacking little children simply for being Muslim,” The New Republic reported. “The clip is from Gateway STEM Academy, a majority-Black K-8 public charter school in St. Paul, Minnesota. It shows about 21 children in caps and gowns on stage singing a song together. Most of the girls are wearing hijabs.”

The original post of the video which Trump reposted reads: “Public school in St. Paul, Minnesota. Every girl is in a hijab … in kindergarten.”

Trump did not add any comments. TNR called the post “Islamophobic, weird, and creepy,” while noting that the comments section of Trump’s post was filled with calls “by racist, xenophobic MAGA supporters” to “deport the children and ban hijabs.”

TNR also noted that it “should come as no surprise that Trump isn’t above attacking children who just learned how to read, but this post is still particularly discomforting—and will certainly contribute to the already potent level of anti-Muslim sentiment in the U.S. and in Minnesota.”

Critics blasted Trump.

“There is something deeply unsettling about the president of the United States—the most powerful person in the world—going after kindergarten schoolchildren in Minnesota because they wore hijabs, as Trump has done this morning on his website,” The Bulwark’s Sam Stein wrote.

One social media commentator wrote, “Trump posted an unblurred video of more than a dozen Muslim kindergartners to Truth Social, exposing the children’s faces while targeting them for their religion.”

Another added, “Trump is a bigot. The president took to Truth Social to attack kindergarteners in hijabs. These are little kids. The president isn’t just a bigot, he’s also a coward.”

The original video was posted to the X social media platform in June.

U.S. Rep. Nancy Mace (R-SC) at the time commented, “If you are in a public school in America, you should be speaking english.”

 

Image via Reuters 

 

Continue Reading

News

One Legal Maneuver Threatens to Undo Everything E. Jean Carroll Won

Published

on

President Donald Trump’s apparent efforts to delay releasing the $5.8 million civil judgment to E. Jean Carroll are being met with a warning by the journalist’s legal team, who suggest there could be a legal maneuver for Trump to employ to forgo paying the judgment in either of the two cases he lost.

According to The Guardian, on July 4, U.S. District Judge Lewis Kaplan ordered Trump to release the $5.8 million judgment, which is in escrow, to Carroll by this coming Tuesday — or explain why he would not do so.

Carroll’s attorneys think Trump may be trying to buy time to mount another legal strategy, telling the judge that Trump’s request for an extension “appears to be little more than yet another play for time.”

“The case is separate from Trump’s appeal of a Manhattan civil jury’s 2024 award of $83.3m to Carroll for defamation,” The Guardian explains. “But her lawyers have suggested a legal scenario in which the president might seek to conjoin the cases and further delay payment of both.”

Carroll’s attorney Roberta Kaplan (no relation to the judge) wrote, “We can only assume that defendant is seeking … to buy time so he can try to concoct some new basis to put off paying plaintiff presumably in connection with his forthcoming petition and motion for a rehearing.”

Trump’s former attorney, Justin Smith, in one of his final acts, wrote to the Supreme Court suggesting that his client would be appealing the $83.3 million civil judgment.

Smith argued that the Supreme Court “may wish to consider the petitions together,” given they involve the same parties.

The larger judgment case involves possible questions of presidential immunity, and that has Carroll’s attorneys concerned.

“A conjoined case, Carroll’s lawyers fear, could result in both judgments being wiped out,” The Guardian reports.

The president has also made clear he is no fan of Judge Kaplan, after the jurist made several rulings that “angered” Trump.

“What else can you expect from a Trump Hating, Clinton appointed judge, who went out of his way to make sure that the result was as negative as it could possible be,” Trump wrote on Truth Social in 2023, “speaking to, and in control of, a jury from an anti-Trump area which is probably the worst place in the US for me to get a fair ‘trial’.”

 

Image via Reuters

 

Continue Reading

Trending

Copyright © 2026 AlterNet Media.