General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsUS Economic Growth for Q4 of 2025 revised down to 0.7%
https://finance.yahoo.com/news/us-economy-expanded-sluggish-0-124253941.htmlAnother disaster economic indicator. GDP growth is a lagging indicator, so the better numbers earlier in 2025 were the remnants of the Biden economy.
Trump should resign over his imploding the US economy alone. Virtually no jobs created for a whole year and now losing jobs. Stock market performance well below average. And now growth falling off a cliff. We're heading for an economic disaster and there's no stopping it now. Trump's policies have been a disaster for the US economy and now the US working class is about to pay a severe price for years to come.
During Trump's first term, the economy did fine, wasn't great, wasn't bad. I was one of the people in here telling people things were OK and the markets were still rising. But those tariffs were just bad policy, I could not believe the GOP went along with them. We're going to be facing a deep and long recession based on those tariffs alone.
underpants
(196,145 posts)no not that corner ..keeeep going .nope not that one .
Historic NY
(39,955 posts)Norbert
(7,724 posts)gab13by13
(32,035 posts)Krasnov wants more money for the military;
We are projected to spend 1,065.2 billion dollars on the military in 2026.
The interest on our debt is 970 billion dollars, spending on our military is more than the interest on our debt, our GDP doesn't cover the interest on our debt.
Krasnov wants more money for the military, so when you hear these "fiscally conservative" Congressional Magats demanding more money from one side of their mouths, they will also complain about the interest on our debt out of the other side which means more cuts for poor people.
617Blue
(2,383 posts)Grins
(9,420 posts)That Republicans will blame on Democrats.
Yeah, sure the few week shutdown has almost no role in this. Not even enough to mention.
Johnny2X2X
(24,104 posts)The tariffs caused firms to cut costs, they did so by forgoing hiring and expansion. They delayed buying new equipment or training employees. All the things that create jobs and drive growth got shelved so they could continue to import goods without having to raise their prices too much.
That's exactly how you get a whole year of virtually zero new jobs. 125,000 jobs for all of 2025. And the corporate media still largely ignores it. I remember one month where Biden was crushing it with job growth so much that 188,000 jobs added was viewed as a crisis since 300,000+ were expected. 188,000 jobs in a month got ten times the negative coverage that 125,000 jobs in a whole year is getting.
Biden handed over a booming economy that was producing millions of jobs and delivering the biggest and longest period of real wage growth for working people in generations. Trump willfully blew it to pieces and there is no way out of it now. Working people are going to suffer for years.
gab13by13
(32,035 posts)The Big Ugly Death Bill is law of the land so come Dec1st the poor and middle class are going to get gashed again with more cuts to the social safety net. December 1st, right after the election, if we have an election.
Johnny2X2X
(24,104 posts)This is the inflation reading the Fed cares about most.
Stagflation is coming. And you're right, they have destroyed the social safety net. People losing their jobs will be losing everything soon.
WSHazel
(741 posts)The economy is this terrible despite massive deficits. Slashing taxes for the super rich does not boost economic activity with very narrow exceptions.
Subsidies for big business also does not boost economic activity. Basically the two key pillars of Trumps State Capitalism are utter nonsense.
Johnny2X2X
(24,104 posts)The deficit is insane now and growing. They're going to try austerity when the recession hits and it will make it much much worse.
And even the worst Trumpers are starting to question how this administration went from telling them how awesome the economy was for months and months to now blaming it all on Biden.
LetMyPeopleVote
(178,815 posts)In the first year of Trumps second term, economic growth fell to a nine-year low, and job growth fell to a 16-year low. The White House hasnt said why.
Economic growth in the first year of Trumpâs second term was already disappointing, but new data paints an even uglier picture.
— Steve Benen (@stevebenen.com) 2026-03-13T15:07:31.478Z
Remember when Scott Bessent insisted that economy is âreally going to pick up in the fourth quarterâ of 2025? Yeah, about that...
www.ms.now/rachel-maddo...
https://www.ms.now/rachel-maddow-show/maddowblog/new-gdp-data-paints-an-even-uglier-picture-on-the-faltering-trump-era-economy
It did not pick up in the fourth quarter of 2025. CNBC reported:
Economic growth was much slower than expected in the final three months of 2025 while core inflation rose to start 2026, the Commerce Department reported Friday.
Gross domestic product, a measure of all the goods and services produced across the sprawling U.S. economy, rose at a seasonally and inflation-adjusted annual rate of just 0.7% in the fourth quarter, according to the departments Bureau of Economic Analysis.
The original expectations for the fourth quarter, spanning October through December, was 2.5% growth. This led to disappointment a month ago when a preliminary tally showed 1.4% growth.
This newly revised figure showed the economy grew at just half of that earlier, disappointing data.....
In other words, despite endless Republican hype, economic growth and job growth were significantly stronger during Joe Bidens final year in office compared with the first year of Donald Trumps second term.
Johnny2X2X
(24,104 posts)The Forster we get away from the Biden economic policies the worse the economy is getting.