CNBC NewsBy Kevin BreuningerApril 30, 2025Key Points
- President Donald Trump blamed former President Joe Biden after new data showed U.S. gross domestic product contracting in the first quarter of 2025.
- He suggested he will blame Biden for the second quarter, too.
- His claim that the negative GDP and subsequent market declines were a result of Biden’s policies is inaccurate.
President Donald Trump on Wednesday blamed former President Joe Biden for the U.S. economy contracting in the first quarter of 2025 — and suggested he will blame Biden again for the second quarter’s results.“This is Biden,” Trump said after the Commerce Department reported gross domestic product declined in the first three months of this year.“And you could even say the next quarter is sort of Biden because it doesn’t just happen on a daily or an hourly basis,” he said during a Cabinet meeting at the White House.Trump noted that he did not take office until late January.“The stock market in this case is, it says how bad the situation we inherited,” he said. “This is a quarter that we looked at today, and I, we took, all of us, together, we came in on January 20th.”
I asked Perplexity AL
## Has Trump Ever Taken Credit When Things Go Poorly?**Summary:**Donald Trump has consistently avoided taking personal responsibility for negative economic developments during his presidencies. Instead, he has repeatedly shifted blame to his predecessor, Joe Biden, or external factors, while taking credit for positive outcomes.**Recent Examples (2025):**- In response to the U.S. economy contracting in the first quarter of 2025 and a sharp decline in the stock market, Trump explicitly blamed Joe Biden, stating, "This is Biden's stock market, not Trump's," and argued that the poor figures were due to what he called the "Biden overhang"-the lingering effects of Biden's policies[2][5][10].- When pressed by reporters about why he was blaming Biden for the downturn after having previously taken credit for stock market highs, Trump deflected, saying, "I'm not taking credit or discredit for the stock market," and reiterated that his administration "inherited a disaster"[6][8][10].- Trump has also argued that his own policies, particularly tariffs, would eventually lead to a boom, but insisted current negative results were not his fault and would take time to reverse[2][3][5].**Pattern of Response:**- Trump has a long-established pattern of claiming credit for economic gains-such as stock market highs or job growth-while attributing downturns to his predecessors or outside forces[6][8][10].- Even when negative outcomes are directly linked to his own policies (such as tariffs), Trump has insisted these are either not the cause or will pay off in the future, urging Americans to "be patient"[2][5][3].**No Evidence of Taking Blame:**- There is no evidence in the provided search results that Trump has ever directly taken credit or responsibility for negative economic events during his time in office. Instead, he either distances himself ("I'm not taking credit or discredit") or blames others, primarily Joe Biden[2][6][8][10].**Conclusion:**Trump has not taken credit or responsibility when things go poorly with the economy. He consistently blames others-especially Joe Biden-for negative developments, while reserving credit for himself when the news is good[2][5][6][10].Citations:[1] https://www.nbcnews.com/politics/trump-administration/live-blog/trump-administration-100-days-harris-tariffs-immigration-live-updates-rcna203236[2] https://www.reuters.com/world/us/trump-deflects-blame-economy-contraction-says-be-patient-2025-04-30/[3] https://www.youtube.com/watch?v=cn5LyYpH6EE[4] https://www.usatoday.com/story/money/2025/04/30/gdp-report-economy-tariffs-impact-q1-2025/83333454007/[5] https://www.cnbc.com/2025/04/30/trump-gdp-tariffs-biden-overhang.html[6] https://www.yahoo.com/news/trump-fumbles-asked-why-blamed-181834669.html[7] https://www.youtube.com/watch?v=A21Bi3DvEQo[8] https://newrepublic.com/post/194631/donald-trump-fumbles-asked-joe-biden-economy[9] https://www.nbcbayarea.com/news/politics/president-trump/trump-administration-china-tariffs-turbulent-economy-april-30-2025-live-updates/3856593/[10] https://www.yahoo.com/news/trump-pins-stock-market-struggles-163545045.html
We always knew Trump is weasel but the more he blames other the more people are seeing through his bravo.
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