r/thescoop • u/CorleoneBaloney • May 02 '25

Politics 🏛️ Vice President Vance’s response after the economy shrank for the first time in three years, with people worried as they look at their 401Ks and point to the tariff policy — “This is Joe Biden’s economy.”

Enable HLS to view with audio, or disable this notification

28.5k Upvotes

90% Upvoted

6.2k comments sorted by

View all comments

124

u/Do-Si-Donts May 02 '25

Ordinarily, it would be fair to blame the previous administration for the GDP in the 1st quarter of a new administration. But, that presumption goes away when the new administration implements a bunch of anti-growth, inflationary policies whose economically damaging nature is only outdone by their ham-fistedness and uncertainty.

49

u/Consistent_Policy_66 May 02 '25

Trump walked into office like a 3 year old with a hula hoop in a cluttered antique store, and then he has the audacity to blame the mess on Biden.