The facts say otherwise. https://www.foxnews.com/politics/trump-naysayers-who-predicted-economic-doom-again-proven-wrong-after-latest-jobs-report
Predictions of President Donald Trump bringing economic doom to the U.S. fell flat once again with the release of the latest jobs report Thursday.
The Labor Department reported that employers added 147,000 jobs in June, a figure above the estimate of economists polled by LSEG, who projected 110,000 jobs would be added. The strong and growing economy comes after months of Democrats painting a gloomy picture of America's economic future under Trump.
"The Trump recession is on its way," Sen. Jeff Merkley, D-Ore., declared in March.
"Donald Trump is ruining the economy on purpose," complained Sen. Brian Schatz, D-Hawaii, in April.
Meanwhile, the Trump administration wasted no time in gloating over June's jobs report on Thursday.
"For the FOURTH month in a row, jobs numbers have beat market expectations with nearly 150,000 good jobs created in June. American-born workers have accounted for ALL of the job gains since President Trump took office and wages continue to rise," White House press secretary Karoline Leavitt said in a statement.
"The economy is booming again and it will only get better when the One, Big, Beautiful Bill is passed and implemented," she added.
[media=https://youtu.be/bxnFiGCesYQ]
https://www.whitehouse.gov/articles/2025/07/absolute-blockbuster-new-gdp-report-shows-explosive-growth-in-trumps-economy/ With U.S. economic growth surging in the second quarter, President Donald J. Trump has proven the so-called “experts” wrong once again as he presides over tame inflation, blue-collar wage growth, explosive job creation, and a “Made in America” boom.
Here’s what they’re saying about today’s GDP report:
Economist E.J. Antoni: “This GDP report, I mean, really, is an absolute blockbuster. It completely defies expectation. It is not only a good headline number, it has good internals, as well.”
Economist Steve Moore: “This is an amazing number … We’re seeing lots of jobs. We’re seeing tame inflation. It is really a beautiful picture … It’s hard to see anything to complain about. I’m sure Democrats will find something they don’t like.”
Bullseye Brief author Adam Johnson: “The GDP Price Index was only 2% and the expectation was 2.2%. In other words, we have an economy growing at 3%; we have inflation at 2%. That’s the best of both words, so I’m very positive on that report.”
Job Creators Network CEO Alfredo Ortiz: “The U.S. economy grew by an annualized 3% in the second quarter of the year—yet another data point that supports an interest rate cut by the Fed. Trump’s three-legged stool is working: balancing trade, cutting taxes, and slashing regulations are creating an economic boom.”
Navy Federal Credit Union Chief Economist Heather Long: “The word of the summer for the economy is ‘resilient.’”
CNN’s Wolf Blitzer: “Welcome news for the U.S. economy.”
CNN’s Matt Egan: “GDP, the broadest measure of the U.S. economy, it did rebound in the second quarter. Three percent — that is a solid number and it also beat expectations.”
Benzinga’s Piero Cingari: “The U.S. economy roared back robustly in the second quarter, with gross domestic product rebounding well above expectations—offering President Donald Trump a timely economic victory to celebrate.”
CNBC’s Joe Kernen: “This three percent, with the market at new highs and, really, we haven’t seen inflation go up … none of these ‘horrible things’ have happened.”
CNBC’s Rick Santelli: “There’s no doubt that this is some success. We’re seeing more horsepower. We’re seeing better equities. Inflation? Inflation really hasn’t changed much in the last year or so.”
Politico: “The surge in growth is a win for an administration that’s been battling widespread perceptions that Trump’s economic agenda is causing more harm than good … But for now, the GDP — the total value of all goods and services produced in the U.S. — is expanding at a healthy clip.”
USA TODAY columnist Nicole Russell: “Thanks to President Donald Trump’s bold policies, it appears that the United States will avoid a recession this year − one that so many liberals were predicting only months ago. Will Democrats put politics aside and applaud as the American economy shows a strength and resilience that so many of them doubted? Probably not.”
CBS News: “The number represents a surprising turnaround from the first three months of 2025 … The new data also shows consumers increased spending since the last quarter, with a growth of 1.4%, up from 0.5% from January to March.”
ABC News: “The U.S. economy expanded more than expected as President Donald Trump’s tariffs took hold over recent months, federal government data on Wednesday showed … The reading amounted to sturdy economic growth, suggesting the economy has continued to avert a significant tariff-induced cooldown. A boost in consumer spending helped propel the economic surge.”
CNBC: “The U.S. economy grew at a much stronger-than-expected pace in the second quarter, powered by a turnaround in the trade balance and renewed consumer strength.”
Bloomberg: US Economy Rebounds With 3% GDP Growth
The Wall Street Journal: “The U.S. economy grew at a 3.0% annual rate in the second quarter, exceeding expectations … Trump’s priorities, including tariffs and deportations, haven’t had a major [negative] economic impact thus far.”
President Donald J. Trump: “2Q GDP JUST OUT: 3%, WAY BETTER THAN EXPECTED! ‘Too Late’ MUST NOW LOWER THE RATE. No Inflation! Let people buy, and refinance, their homes!”
Vice President JD Vance: “Trump economy keeps defying the experts. Strong growth!”
Secretary of the Treasury Scott Bessent: “Real GDP grew 3% in Q2, surpassing expectations. Consumer spending is up, and inflation is cooling. This is what an America First economy looks like, and the best is yet to come.”
Secretary of Commerce Howard Lutnick: “GDP just surged to 3% and the Trump Economy has officially arrived. Biden’s first quarter is behind us, and growth is already accelerating. President Trump’s tariff policies have drawn historic investments and opened up global markets for U.S. businesses. Congratulations America: 3 percent today, and we’re just getting started.”
Secretary of Labor Lori Chavez-DeRemer: “Thanks to @POTUS, working families are thriving and our economy is booming”
National Economic Council Director Kevin Hassett: “There’s really strong growth, really strong income growth, we’ve got a huge reduction in government spending … Every single thing about this GDP release has shown strength.”
Press Secretary Karoline Leavitt: “Today, GDP growth came in above market expectations, and yesterday, consumer confidence rose. Americans trust in President Trump’s America First economic agenda that continues to prove the so-called ‘experts’ wrong. President Trump has reduced America’s reliance on foreign products, boosted investment in the US, and created thousands of jobs — delivering on his promise to Make America Wealthy Again. The data is clear and there are no more excuses, now is the time for ‘too late’ Powell to cut the rates!”
Counselor to the Secretary of the Treasury Joseph Lavorgna: “Q2 real #GDP expands 3.0%, above consensus expectations! Passage of the #OBBB and the CapEx comeback which is already underway will power a second half boom and beyond.”
@Reason10 Thank you for your "alternative facts". Germany created full employment by starting WW2. Americans are about to have the matter pressed home that printing money doesnt equal creating wealth..Heres a clue for you. Jerome Powell is right..😷
[Foreign nationals are increasingly exiting the Trump economy.
Citing Bureau of Labor Statistics data accessed through the Federal Reserve Economic Data system, Snopes indicated that under former President Joe Biden, native-born Americans' share of job gains from January 2024 to June 2024 was 51.7%. While native-born Americans picked up roughly 1.09 million jobs, foreign-born individuals grabbed 1.02 million jobs. Under President Donald Trump a year later, native-born Americans accounted for 100% of non-seasonally adjusted job gains from January to June.
The U.S. Department of Labor revealed on Friday that this trend continued into last month, stating, "Wages are up, investments are pouring into our nation, and native-born workers have accounted for ALL job gains since January! 'That's a result of our strong immigration policy.' According to the latest jobs numbers from the BLS, the employment of American-born workers was up roughly 383,000 last month. Meanwhile, foreign-born worker numbers plunged by 467,000.]
[America’s economic growth shattered expectations for the second quarter of the year, with gross domestic product (GDP) increasing by 3% from April to June, according to a new report from the Department of Commerce. That result is significantly higher than the 2.3% growth that economists had originally predicted. Inflation was also significantly down in the report. In the first quarter of 2025, the inflation rate was 3.7%. In the second quarter, that figure dropped to 2.1%, just slightly above the Fed’s target of 2.0%. The first quarter saw the Biden administration’s transition to the Trump administration, with the second quarter being the first where President Donald Trump was serving in office for the full three months. Trump celebrated the news and called for the Federal Reserve to lower interest rates in a post on Truth Social. “2Q GDP JUST OUT: 3%, WAY BETTER THAN EXPECTED!” the president posted. “[Fed Chair Jerome Powell] MUST NOW LOWER THE RATE. No Inflation! Let people buy, and refinance, their homes!”]
It is the result of over 40 years of leftist fairytales instituted by globalist presidents and politicians. You add in the trillions wasted by climate cultism, open borders, massive deficit spending and medical tyranny and you arrive at financial Armageddon. Trump has very little to do with what the economy currently looks like.
The economy is doing great because it's pure fiction. It's got a "valuable" weaoons industry, it's valued because of the US wars. There's the FIRE sector - finance, insurance and real estate. Valuable through the lack of modern public infrastructure. And then there's the medicine. Valuable because you are locked out of it!
@Reason10 privatized housing, medical care and education definitely should not be funded! And since you don't have socialism, by the way, you can't have medical care, housing or education for the population. Gahead! It's fatal, actually killing off the fascism. One Murkan at a time
Clearly Americans are fine with this.. Its not as if Trumps economic credentials were not written large in his multiple bankruptcies and fraud convictions before he was elected..😷
