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Trump Downplays Recession Fears
President Donald Trump on Friday downplayed concerns about potential economic trouble, saying everything would be "OK" in the long term, even if the U.S economy experienced a recession in the short term.
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LampLighter
Joined 2013/04/13Visited 2025/05/04
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More from the article..
... Following up, Welker asked Trump if he was worried about a recession, to which he responded, "No." Asked whether he thinks one could happen, Trump replied, "Anything can happen, but I think we're going to have the greatest economy in the history of our country." The remarks come as analysts on Wall Street are increasingly worried that the country could face a recession due to Trump's changing tariff policy. "Well, you know, you say, Some people on Wall Street say' " well, I tell you something else. Some people on Wall Street say that we're going to have the greatest economy in history. Why don't you talk about them?" Trump said during the interview at his Mar-a-Lago resort in Florida. "There are many people on Wall Street say this is going to be the greatest windfall ever happen," the president added. According to initial measurements released by the Commerce Department on Wednesday, the U.S. economy shrank by 0.3% in the first quarter of 2025, a reduction largely driven by a fall in exports and a boost in imports ahead of Trump's expected tariffs. ...
The remarks come as analysts on Wall Street are increasingly worried that the country could face a recession due to Trump's changing tariff policy.
"Well, you know, you say, Some people on Wall Street say' " well, I tell you something else. Some people on Wall Street say that we're going to have the greatest economy in history. Why don't you talk about them?" Trump said during the interview at his Mar-a-Lago resort in Florida.
"There are many people on Wall Street say this is going to be the greatest windfall ever happen," the president added.
According to initial measurements released by the Commerce Department on Wednesday, the U.S. economy shrank by 0.3% in the first quarter of 2025, a reduction largely driven by a fall in exports and a boost in imports ahead of Trump's expected tariffs. ...
#1 | Posted by LampLighter at 2025-05-03 05:54 PM | Reply
@#1 ... Some people on Wall Street say that we're going to have the greatest economy in history ...
Has anyone seen such statements from some people on Wall STreet? If so, got links?
I did find this in my searches ...
The Next President Inherits a Remarkable Economy (October 2024) www.wsj.com
... Whoever wins the White House next week will take office with no shortage of challenges, but at least one huge asset: an economy that is putting its peers to shame. With another solid performance in the third quarter, the U.S. has grown 2.7% over the past year. It is outrunning every other major developed economy, not to mention its own historical growth rate. ...
With another solid performance in the third quarter, the U.S. has grown 2.7% over the past year. It is outrunning every other major developed economy, not to mention its own historical growth rate. ...
#2 | Posted by LampLighter at 2025-05-03 06:00 PM | Reply | Newsworthy 2
So... from "a remarkable Economy" to a "transition period" (a.k.a. recession) ...
What are Pres Trump's plans to rebuild the "remarkable economy" he apparently has turned into a short recession?
#3 | Posted by LampLighter at 2025-05-03 06:03 PM | Reply
Not this "some people many people" ---- again. He's a ------- lying idiot.
#4 | Posted by LegallyYourDead at 2025-05-03 07:32 PM | Reply
@#4 ... Not this "some people many people" ---- again. He's a ------- lying idiot. ...
I do not disagree.
But I repeat the question I asked in #4
... What are Pres Trump's plans to rebuild the "remarkable economy" he apparently has turned into a short recession? ...
#5 | Posted by LampLighter at 2025-05-03 11:43 PM | Reply
HE'S A ------- IDIOT.
#6 | Posted by LegallyYourDead at 2025-05-04 01:11 AM | Reply
Recessions are like School Shootings.
Thoughts and Prayers. Nothing Can Be Done.
#7 | Posted by snoofy at 2025-05-04 04:44 PM | Reply
Trumpcession ...
And he caused it intentionally to personally profit from his market manipulation.
#8 | Posted by censored at 2025-05-04 07:15 PM | Reply
Trump's economy will be fine. Everybody else can eat cake.
#9 | Posted by northguy3 at 2025-05-04 08:13 PM | Reply
"I think the good parts are the Trump economy and the bad parts are the Biden economy."
President Donald J. TRUMP May 4, 2025
#10 | Posted by snoofy at 2025-05-04 08:15 PM | Reply
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