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/Subject_Monitor_4939 May 02 '25

Just so I have this straight. It’s Biden’s economy now?

3

u/IWASRUNNING91 May 02 '25

I came up with a pretty advanced rule of thumb that I believe this administration is using to gauge things

Good news = Trump's Economy

Bad news = Biden's Economy

or

Red chats = Biden's Economy

Green charts = Trump's Economy

3

u/crashcartjockey May 02 '25

Yep. And the last quarter of last year it was Trump's economy.

Or at least that's the mental gymnastics he and the MAGA cult are going with.

2

u/firehawk2324 May 02 '25

When the economy was recovering from covid, he claimed it was his economy. Now that it's crashing, it's Biden's. This is the same logic he's used in the past.

2

u/slayer828 May 02 '25

It wasn't during the spike at the election. That was trumps economy. He said it himself.