8h ago

Trump takes credit for 'good parts' of economy, blames 'bad parts' on Biden

www.cnbc.com

Conservative @lemm.ee

SatansMaggotyCumFart @lemmy.world

7h ago

Trump takes credit for 'good parts' of economy, blames 'bad parts' on Biden

www.cnbc.com /2025/05/04/trump-economy-biden-recession-tariffs-china.html

53 comments

We always knew this was his 'thought' process. It's been interesting seeing how his now apparently unfettered power has him just saying all of the abhorrent shit he really thinks out loud more than ever, though.

"A good leader must be willing to take the credit when things go good and the blame when they go bad"- Grandma Longneck, The Land Before Time 7 (yes there are more than 7 Land Before Time movies)
- Aren't there like 12 of those things?

"Take all credit. Deny all responsibility"
- Privatize the good news. Socialize the bad news.
  ~ Carl Markets, 1984

“I’m just saying [children] don’t need to have 30 dolls, they can have three, they don’t need to have 250 pencils, they can have five,” Trump said.
Before it was 2 dolls instead of 30, or a 93% reduction.
Now it's 5 pencils instead of 250, or a 98% reduction.
But more broadly, if I were Trump, I don't think that I'd be focusing public attention on standard-of-living reductions among American children.
- A man that literally shits on a golden toilet lecturing people about austerity is peak irony, though.

Trump inherited a very healthy economy from Biden. The giant shitstorm that he has created is to blame for everything negative.
It's so extremely moronic that people voted for Trump because they thought he would fix inflation. 🙄
- Trump inherited a very healthy economy from Biden
  :-/ He inherited a big stock number from Biden.
  But the US economy has been losing steam since the turn of the century. First Enron/Worldcomm, then the Great Recession, then COVID... critical components of the industrial and service sector in the US have been falling apart for decades. Energy, housing, health care, manufacturing, education, agriculture, technology, news media... we've been watching them consolidate ownership and corrode in quality well before Trump or Biden.
  It’s so extremely moronic that people voted for Trump
  They've been brain blasted with stupid by mass media that's screamed fascist ideology every year of their lives. Trump is a symptom of a public that's been told to venerate wealth and celebrity. Democrats nominating an invalid who dropped out after the first debate certainly didn't help, either.
  It's extremely moronic that the election system has been fully captured by crooks and frauds. But the only response ever seems to be "You should have voted for the other guy."
  
  Goddammit I'm tired of people equating the stock market, or even gdp with 'the economy'.
- People act based on emotions, specifically feeling like they're part of the in-group. You know the old saying "Would you jump off a bridge if your friends all were jumping, too?" Well, the answer is clearly yes. Most people are stupid like that.
  I mean, we all are sometimes. It's impossible to know and verify everything so we trust our friends. But for some people it's reached a toxic level of "vaccines are bad" and "banning books is good"
- Everything was going awesome under Biden. The economy was so great. Executives were making more than ever!
  
  It is not incorrect to say the economy was doing well, nor is it wrong to say individual purchasing power was not following. “The economy” is not, nor has it ever been, tied to wages. This is a problem, Trump is the opposite of a solution. It’s the equivalent of seeing a bank robbery and nuking the bank.
  
  That's a completely different matter, the economy was doing fine, but there was inflation in the aftermath of Covid, which was steadily improving.
  Choosing a moron narcissist like Trump will only make it worse for average people, so what exactly is your point?
  That you are better off with Trump. 🤣🤣🤣
  
  The economy was indeed going great by most measures. And donvict monkeywrenched almost on day one.
  I know it's fashionable among a certain set of people to proclaim everything is awful no matter who is running the country but....it is just not factual.
- True, if very healthy means that the rate of decline for working class Americans was going down. Until that gets aggressively reversed, get ready for more and worse fascists every other election cycle. (For as long as free elections exist.)
  
  You are confusing the issue by bringing another issue into it.
  That working class is doing worse is another matter, and something that clearly already is getting worse under Trump.
  Harris would have been better for working class in every way. And would have been a better platform for promoting more left wing politicians than letting Republicans win.
  You are arguing a very strange point, to a degree it's basically nonsensical.

I’m just saying children] don’t need to have 30 dolls, they can have three, they don’t need to have 250 pencils, they can have five,” he added
This guy is so out of touch
- Which colours are my children allowed to have sir?
  GOP sycophants
- So much for "capitalism better because material wealth communism one toothbrush" etc etc..
  Funny how things turned out
- The only people I can think of that buy 250 pencils at once are teachers.
  
  Illustrators.

Wait, there's a good part to the economy? 🤔
- Well, if you bought the dip when he literally tweeted it, you'd be rolling in money by now! Its so simple, why aren't you on board???
  /s...
  
  Well, I moved my money into stocks and bonds outside the U.S., so there's that
- I bet the golden bidet business is booming

This whole blame your predecessor for everything is just a privilege of the office. The problem is that you can't keep it up for long and the real pain from his policies are weeks and months away.
- "Prepare three envelopes..."