Summary
Commerce Secretary Howard Lutnick blamed Biden for weak economic data, citing February’s 77,000 job gain (vs. 186,000 in January), a 7-point drop in consumer confidence, and the Atlanta Fed’s Q1 GDP forecast falling from +2.3% to -2.8%.
He dismissed concerns over Trump’s tariffs on Canada and Mexico and proposed excluding government spending from GDP, a move criticized by economists.
The Dow fell 1,300 points in two days, signaling investor uncertainty.
The administration also disbanded economic advisory committees, raising concerns about data transparency and policy direction.
With these shit heals, it’s always the last guy’s fault in their first term, and it’s always the new guy’s fault after they get replaced. They are liars, cheats, and hypocrites who wouldn’t piss on you if you were on fire if they didn’t get paid, and even then, they are more likely to pocket the money and let you burn.