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Trump Says He Deserves a ‘Pass’ as Data Shows GDP Contracted

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Manage episode 479957174 series 2549623
Content provided by Bloomberg. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bloomberg or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.
President Donald Trump blamed former President Joe Biden for weak economic data that sent stocks tumbling, arguing government data showing increased domestic investment signaled his tariffs are working.
“I have to start off by saying, that’s Biden. That’s not Trump,” Trump said Wednesday during a Cabinet meeting.
Inflation-adjusted gross domestic product decreased an annualized 0.3% in the first quarter, well below average growth of about 3%, according to initial government data published Wednesday.
“Let’s give us a pass on the first month, we were sort of getting a little bit used to things,” Trump added.
Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with:

  • Bloomberg's Michael McKee.
  • American Action Forum President Douglas Holtz-Eakin.
  • Bloomberg's Daniel Flatley.
  • University of Michigan Professor of Public Policy and Economics Betsey Stevenson.

See omnystudio.com/listener for privacy information.

  continue reading

1670 episodes

Artwork
iconShare
 
Manage episode 479957174 series 2549623
Content provided by Bloomberg. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Bloomberg or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

Watch Joe and Kailey LIVE every day on YouTube: http://bit.ly/3vTiACF.
President Donald Trump blamed former President Joe Biden for weak economic data that sent stocks tumbling, arguing government data showing increased domestic investment signaled his tariffs are working.
“I have to start off by saying, that’s Biden. That’s not Trump,” Trump said Wednesday during a Cabinet meeting.
Inflation-adjusted gross domestic product decreased an annualized 0.3% in the first quarter, well below average growth of about 3%, according to initial government data published Wednesday.
“Let’s give us a pass on the first month, we were sort of getting a little bit used to things,” Trump added.
Bloomberg Washington Correspondents Joe Mathieu and Kailey Leinz deliver insight and analysis on the latest headlines from the White House and Capitol Hill, including conversations with influential lawmakers and key figures in politics and policy. On this edition, Joe and Kailey speak with:

  • Bloomberg's Michael McKee.
  • American Action Forum President Douglas Holtz-Eakin.
  • Bloomberg's Daniel Flatley.
  • University of Michigan Professor of Public Policy and Economics Betsey Stevenson.

See omnystudio.com/listener for privacy information.

  continue reading

1670 episodes

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