Trump & Vance Talk Q1, Waltz Out then In, House Dems Bad Choices | May 2, 2025

The Daily Signal Podcast

The Daily Signal

News, Government, Politics, Daily News

4.6 • 1.2K Ratings

🗓️ 2 May 2025

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

On today’s Top News in 10, we cover: President Trump & Vice President Vance answer tough questions about the rough economy in Q1. National Security Advisor Mike Waltz is OUT… then he’s back in… U.N. House Democrats take advantage of the situation by making several poor choices. Subscribe to The Tony Kinnett Cast: ⁠⁠⁠⁠https://podcasts.apple.com/us/podcast/the-tony-kinnett-cast/id1714879044⁠⁠⁠⁠ Keep Up With The Daily Signal Sign up for our email newsletters:⁠⁠⁠⁠ https://www.dailysignal.com/email⁠⁠⁠⁠ Subscribe to our other shows: Problematic Women:⁠⁠⁠⁠ https://www.dailysignal.com/problematic-women⁠⁠⁠⁠ The Signal Sitdown:⁠⁠⁠⁠ https://www.dailysignal.com/the-signal-sitdown⁠⁠⁠⁠ Follow The Daily Signal: X:⁠⁠⁠⁠ https://x.com/DailySignal⁠⁠⁠⁠ Instagram:⁠⁠⁠⁠ https://www.instagram.com/thedailysignal/⁠⁠⁠⁠ Facebook:⁠⁠⁠⁠ https://www.facebook.com/TheDailySignalNews/⁠⁠⁠⁠ Truth Social:⁠⁠⁠⁠ https://truthsocial.com/@DailySignal⁠⁠⁠⁠ YouTube:⁠⁠⁠⁠ https://www.youtube.com/user/DailySignal⁠⁠⁠⁠ Rumble:⁠⁠⁠⁠ https://rumble.com/c/TheDailySignal⁠⁠⁠⁠ Thanks for making The Daily Signal Podcast your trusted source for the day’s top news. Subscribe on your favorite podcast platform and never miss an episode. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	President Trump and Vice President Vance answer tough questions about the rough economy in Q1.
0:06.0	National Security Advisor Mike Walts is out. Then he's back in. UN.
0:11.0	And House Democrats take advantage of the situation by making several poor choices.
0:16.0	I'm Tony Kenned at the Daily Signals Tony Kennedcast, syndicated nationally at 7 p.m. Eastern.
0:21.7	It is Friday, May 2nd, 2025. This is the Daily Signal's top news in 10.
0:31.4	While inflation disappeared rapidly in March, the quarter one real gross domestic product fell at an annual rate of 0.3%.
0:40.9	A fall two quarters in a row is the classical definition for a recession. Now, trade subtracted about
0:48.6	4.8 percentage points, so if you exclude trade, the economy didn't contract, which is a creative way to suggest
0:56.8	that the numbers are perfectly fine. Real consumption added 1.2%. Fixed investment added 1.3%.
1:03.7	An economic stagnation appears to be the word of the day. This led to a couple of questions to President Trump and Vice President
1:13.1	Vance about the stock market, about the economy. Here's President Trump.
1:16.8	If I get the transition, sir, you frequently took credit for the stock market highs.
1:22.6	You said it was a reflection of how well you were doing in the polls. And then after you were elected,
1:29.4	you said the stock market highs were a reflection of how well you were doing in the polls. And then after you were elected, you said the stock market highs were a reflection of how well the transition is going
1:31.9	and the American people's confidence in your incoming
1:35.1	administration.
1:36.1	Now, stock market's not doing so well.
1:38.8	And you're saying that's the Biden stock market,
1:41.0	yet you are the president.
1:42.6	Can you explain that?
1:43.7	Yeah, I'm not taking credit or discredit for the stock market yet you are the president can you explain that i'm not taking credit or discredit for the
1:47.3	stock market i'm just saying that we inherited a mess both at the borders you could look at every
	...

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