ON DEMOCRATS’ CLAIM THAT TRUMP ‘CRASHED’ THE ECONOMY. The government’s Bureau of Economic Analysis reports its advance estimate of gross domestic product decreased at an annual rate of 0.3% in the first quarter of 2025 after increasing 2.4% in the last quarter of 2024. It was the first decrease in GDP in three years.
You will not be shocked that Democrats jumped on the news to declare that President Donald Trump has crashed the economy in just 100 days. (The GDP report included the last few weeks of the Biden administration.) “A crashing economy heading toward a RECESSION,” House Democrats tweeted. “Crashing the economy,” House Minority Leader Hakeem Jeffries (D-NY) said. “Crashing the economy,” Trump impeacher Rep. Jamie Raskin (D-MD) said.
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