4.8 • 965 Ratings
🗓️ 1 May 2025
⏱️ 5 minutes
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Let's talk about Trump, stagflation, GDP, inflation, and what it all means....
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0:00.0 | Well, howdy there, Internet people, it's Bell again. So today, we're going to talk about |
0:07.5 | Trump, stagflation, GDP, inflation, and what all of this means. Okay, so the GDP numbers and |
0:16.5 | some other economic reports came out. They are all bad. We'll go through them and explain what they |
0:22.9 | mean in the big picture. But if you want an idea of how bad the economic reports are, Trump took |
0:29.0 | to social media to blame Biden. I'm not joking. He said, quote, this is Biden's stock market, |
0:36.4 | not Trump's. I didn't take over until January 20th. |
0:40.7 | Tariffs will soon start kicking in, and companies are starting to move into the USA in record |
0:46.5 | numbers. Our country will boom, but we have to get rid of the Biden overhang. This will take a while. Has nothing to do with tariffs, |
0:57.2 | only that he left us with bad numbers. But when the boom begins, it will be like no other. |
1:03.9 | Be patient. Yeah, it's that bad. |
1:15.0 | If only, somebody had thought to put all of the economic numbers Biden was handing Trump into one handy-dandy video, |
1:19.0 | that would be really useful right now. |
1:22.1 | It'll be linked down below. |
1:24.3 | Before we get into the reports, let's talk about his post. |
1:28.6 | It's Biden's stock market. |
1:30.7 | Okay. |
1:31.9 | He didn't take over until the 20th. |
1:34.9 | For the record, the stock market numbers I've been giving you on the channel have been from the day after he took office. |
1:42.2 | Since Trump took office, the Dow is down 9.02%. SMP 500 is down 9.46%. Nasdaq is down 13.3%. |
1:54.5 | The negative GDP absolutely has to do with the tariffs. You see, imports are subtracted from the GDP. If you announce |
2:05.2 | tariffs are coming and companies import a bunch of stuff to beat the tariffs, that's going to |
2:11.1 | decrease the GDP. So, obviously, the numbers are bad. These are the numbers he's upset about. |
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