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Saturday, August 2, 2025
Trump Pounds Chest Over BETTER-THAN-EXPECTED Economic Numbers! (Jimmy Dore)
The U.S. economy saw a surprising 3% GDP growth in the second quarter of 2025, rebounding from a 0.5% decline in the first quarter. Despite widespread concerns that Trump's tariffs would trigger inflation and recession, the economy showed resilience, with strong consumer spending and a dramatic 30% drop in imports playing key roles.
As Jimmy and Americans’ Comedian Kurt Metzger discuss, some economists argue this growth is artificially boosted by trade distortions, but others point out that the same logic wasn’t applied when imports surged and GDP fell in Q1—suggesting critics are cherry-picking. Trump’s aggressive trade strategy, especially the recent tariff deal with the European Union, is being framed by his supporters as a successful move to revive American manufacturing and shift global investment back to the U.S.
The cost of living is still too high for many Americans. Jobs are slowly coming back along with outsourced industry, and future lower energy costs will help.
[Posted at the SpookyWeather2 blog, August 2, 2025.]
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