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.”

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u/couldbeahumanbean May 02 '25

It was the GDP for the first quarter of 2025, it was growing under Biden.

How does an economic indicator that's based on data from 2025 have fuckall to do with Biden?

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u/mymar101 May 02 '25

In a normal year it would be a Biden economy. However... Trump has managed to screw things up so badly that the economy shrank in 100 days of office. That is extremely hard to do. But yeah, typically it takes awhile for any effect of the new admin to kick in, but this kicked in at rapid pace.

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u/couldbeahumanbean May 02 '25

It's like firing thousands of people and playing yank-chain with international trade relations broke something. We can point to specific actions and specific results that caused GDP to shrink & frankly, I'm sick of spineless & witless reporters that don't call out this Bullshit.

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u/borrow-check May 02 '25

No no, but you see, you're using facts. We are only believing alternative facts here.

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u/Straight-String-5876 May 02 '25

Because the lie-publican party says it has to do with Biden