2/24/25: One month in, one hundred disasters

The David Pakman Show

David Pakman

News, Politics

4.8 • 6.2K Ratings

🗓️ 24 February 2025

⏱️ 62 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

-- On the Show: -- Senator Adam Schiff (D-CA) joins David to discuss the aftermath of Trump's first month, the outlook for Democrats into 2026 and 2028, whether Schiff believes he will be personally targeted by the Trump Justice Department and much more -- A review of the economic indicators of Donald Trump's first month in office for his second term -- MAGA loyalists will not even admit that Russia under Vladimir Putin started the war with Ukraine by invading it -- A furious Donald Trump suffers a complete and total meltdown during his speech to CPAC -- During a meeting with Governors, Donald Trump threatens Maine Governor Janet Mills, and she does not back down -- Blue states are threatened with being removed from the map by Donald Trump during a dangerous and unhinged meeting -- Podcaster Dan Bongino is chosen to be Deputy Director of the FBI by Donald Trump -- Despite MSNBC ratings collapses and CNN continuing to decline, The David Pakman Show and other independent progressive media are rapidly growing -- On the Bonus Show: Elon emails every federal employee asking them to justify their jobs, Pope Francis in critical condition, Associated Press sues 3 Trump administration officials over freedom of speech, much more... 🥐 Wildgrain: Use code DAVID for $30 off & free baked goods at https://wildgrain.com/david ☕ Beam melatonin hot cocoa: Code PAKMAN for up to 40% OFF at https://shopbeam.com/pakman 👩‍❤️‍👨 Try the Paired App FREE for 7 days and get 25% OFF at https://paired.com/pakman 🥄 Use code PAKMAN for $5 off Magic Spoon at https://magicspoon.com/pakman 🛡️ Incogni lets you control your personal data! Get 60% off their annual plan: http://incogni.com/pakman -- Become a Member: https://davidpakman.com/membership -- Become a Patron: https://www.patreon.com/davidpakmanshow -- Get David's Books: https://davidpakman.com/echo -- TDPS Subreddit: http://www.reddit.com/r/thedavidpakmanshow -- David on Bluesky: https://davidpakman.com/bluesky -- David on Facebook: http://www.facebook.com/davidpakmanshow Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to the show, everybody.
0:09.0	Hope you had a good weekend.
0:10.7	We are now officially more than one month into the second presidency of Donald Trump.
0:16.0	And I'm going to do what I told you I would do.
0:18.7	We will track and compare economic metrics. We will not play
0:23.2	politics. I will simply tell you here's what the data says about the state of the economy under
0:30.4	Donald Trump. One of the things we did on the day after Joe Biden left the White House and
0:36.3	Donald Trump again became president was I told
0:38.9	you here is the unemployment rate that Joe Biden is handing to Donald Trump.
0:44.1	Here's the inflation rate that Joe Biden is handing to Trump.
0:47.9	Here's the stock market level that Biden is handing to Trump.
0:52.0	And we will track in black and white where this goes as the Trump presidency progresses.
0:58.5	Now, I don't know that I'm necessarily going to be doing this around the 20th of every month,
1:03.4	but I'm doing it this month just to show that you can do this and you will see that the data
1:08.0	is there for the having in black and white.
1:10.8	So real quick, the unemployment rate at the end of Joe Biden's presidency was 4.1%.
1:16.6	Trump's first month saw the unemployment rate tick down from 4.1 to 4%.
1:24.6	Great.
1:25.6	No significant change. No significant spike, certainly, and a small reduction in the
1:31.9	unemployment rate. The year over year inflation rate at the end of President Biden's presidency
1:37.8	was 2.9% year over year. After Trump's first month in office, we saw the inflation rate go up just a little bit from 2.9 to 3%.
1:49.8	Not a significant change. Certainly one metric improved. One metric arguably worsened depending on what you believe is the ideal amount of inflation, generally believed to be two to three percent.
	...

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