White House hopes positive GDP report will placate recession ‘panicans’

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President Donald Trump is hoping highly anticipated economic data, particularly Wednesday’s second quarter economic growth report, will placate recession “panicans” after the president upended the economy with his tariff and trade policies.

In part, Trump won last year’s election because of the perception that he would be better for the economy after a 40-year-high inflation, at least in comparison to then-Vice President Kamala Harris following four years of former President Joe Biden.

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