Note: Biden left with a 3.9% growth rate. Trump turned that into a NEGATIVE 2.5% growth rate in just 6 weeks while he golfed 12 times and threw taxpayer funded parties at Mar-a-Lago.
The Atlanta Fed’s GDP tracker now indicates that the economy is headed for a 1.5% contraction in the first quarter, after showing 2.3% growth just days earlier. That also marks a sharp reversal from the fourth quarter, when GDP expanded by 2.3%. Several economic indicators have been raising alarms as consumers and businesses brace for Trump tariffs and federal job cuts.
Charles Payne of Fox knows what he is talking about.
Fox host on the stock market: "We're seeing dramatic declines, just freefalls… This is scary stuff" pic.twitter.com/xymFUMtNM8
— FactPost (@factpostnews) March 4, 2025