It’s Wednesday…
President Shitshow’s public schedule for…
| Wednesday, April 30 2025 |
| 9:00 AM In-Town Pool Call Time In-Town Pool |
| 11:00 AM The President participates in a Cabinet Meeting Cabinet Room White House Press Pool |
| 2:00 PM The President participates in a Swearing-In Ceremony for the Ambassador to the United Kingdom Oval Office Closed Press |
| 4:00 PM The President delivers Investing in America remarks Cross Hall White House Press Pool |
| 8:00 PM The President participates in a News Nation Cuomo Townhall: The First 100 Days Oval Office Closed Press |
Yesterday, day 2 of the 100 day’s celebration week, President “I don’t know who is less educated me or my supporters” Shitshow sat for an interview with ABC News.
The YouTube for the interview is 40 minutes and 15 seconds long.
The transcript can be found here.
I will be using clips from twitter and the transcript as we cover Wednesday…
Economy…
This morning the BEA.gov as expected reported that GDP for the first quarter has contracted.
Gross Domestic Product, 1st Quarter 2025 (Advance Estimate)
Real gross domestic product (GDP) decreased at an annual rate of 0.3 percent in the first quarter of 2025 (January, February, and March), according to the advance estimate released by the U.S. Bureau of Economic Analysis. In the fourth quarter of 2024, real GDP increased 2.4 percent.
BEA.gov. 04/30/2025.
The decrease in real GDP in the first quarter primarily reflected an increase in imports, which are a subtraction in the calculation of GDP, and a decrease in government spending. These movements were partly offset by increases in investment, consumer spending, and exports. For more information, refer to the “Technical Notes” below.
BEA.gov. 04/30/2025.
Compared to the fourth quarter, the downturn in real GDP in the first quarter reflected an upturn in imports, a deceleration in consumer spending, and a downturn in government spending that were partly offset by upturns in investment and exports.
Real final sales to private domestic purchasers, the sum of consumer spending and gross private fixed investment, increased 3.0 percent in the first quarter, compared with an increase of 2.9 percent in the fourth quarter.
The price index for gross domestic purchases increased 3.4 percent in the first quarter, compared with an increase of 2.2 percent in the fourth quarter. The personal consumption expenditures (PCE) price index increased 3.6 percent, compared with an increase of 2.4 percent. Excluding food and energy prices, the PCE price index increased 3.5 percent, compared with an increase of 2.6 percent.
BEA.gov. 04/30/2025.
| Real GDP and Related Measures (Percent change from Q4 to Q1) | |
|---|---|
| Advance Estimate | |
| Real GDP | -0.3 |
| Current-dollar GDP | 3.5 |
| Real final sales to private domestic purchasers | 3.0 |
| Gross domestic purchases price index | 3.4 |
| PCE price index | 3.6 |
| PCE price index excluding food and energy | 3.5 |
I will be honest, I never knew that imports are subtracted from the GDP. I googled, I got mixed results. So, I asked my economic source if it was true. They said “yes”.
We both agreed the result in increased imports was to get ahead of the blanket tariffs.
Technical Notes
Sources of change for real GDP
Real GDP decreased at an annual rate of 0.3 percent (less than 0.1 percent at a quarterly rate1) in the first quarter, primarily reflecting an increase in imports and a decrease in government spending that were partly offset by increases in investment, consumer spending, and exports.
BEA.gov. 04/30/2025.
- Exports and imports primarily reflected Census-BEA U.S. International Trade in Goods and Services data as well as the Census Advance Economic Indicators Report for March.
- Within imports, the increase primarily reflected an increase in imported goods, led by consumer goods, except food and automotive (mainly medicinal, dental, and pharmaceutical preparations, including vitamins); and by capital goods, except automotive (mainly computers, peripherals, and parts).
- Within imports of industrial supplies and materials in the National Economic Accounts (NEAs), BEA identified and removed an increase in imports of silver bars as a form of investment in the first quarter. Similar to nonmonetary gold, silver can be used for two purposes: for industrial use (as an input into the production of goods and services) and for investment (as a store of wealth and a hedge against inflation). BEA’s NEAs do not treat transactions in valuables, such as nonmonetary gold and silver, as investments and therefore purchases of metals as a form of investment are not included in consumer spending, gross private domestic investment, or government spending. For more information, refer to “How are exports and imports of nonmonetary gold treated in BEA’s National Economic Accounts?“.
- The decrease in government spending reflected a decrease in federal government spending (led by defense consumption expenditures) that was partly offset by an increase in state and local government spending (led by compensation of employees).
- The largest contributor to the increase in investment was private inventory investment, led by an increase in wholesale trade (notably, drugs and sundries). The estimates of private inventory investment were based primarily on Census Bureau inventory book value data and a BEA adjustment in March to account for a notable increase in imports. For more information on the source data and BEA assumptions for inventories, refer to the key source data and assumptions table (available at 10 a.m.).
- The increase in consumer spending reflected increases in both services and goods. Within services, increases were widespread, led by spending on health care as well as housing and utilities. Within goods, an increase in nondurable goods was partly offset by a decrease in durable goods.
More information on the source data and BEA assumptions that underlie the first-quarter estimate is shown in the key source data and assumptions table (available at 10 a.m.).
BEA.gov. 04/30/2025.
Impact of California Wildfires on first-quarter 2025 estimates
In January 2025, a series of wildfires burned across Southern California, primarily impacting Los Angeles County. These disasters disrupted consumer and business activities and prompted emergency services and remediation activities. The responses to this disaster are included, but not separately identified, in the source data that BEA uses to prepare the estimates of GDP; consequently, it is not possible to estimate the overall impact of the California wildfires on first-quarter GDP. The destruction of fixed assets, such as residential and nonresidential structures, does not directly affect GDP or personal income. BEA estimates disaster losses in NIPA table 5.1, “Saving and Investment.” BEA’s preliminary estimates show that the California wildfires resulted in losses of $34.0 billion in privately owned fixed assets ($136.0 billion at an annual rate) and $11.0 billion in state and local government-owned fixed assets ($44.0 billion at an annual rate).
BEA.gov. 04/30/2025.
In response to the above report, President Shitshow posted the following “Lies social” post.
*Flashback*
Just incredible pic.twitter.com/m7NFYlmZcs
— Parker Butler (@parkerpbutler) April 30, 2025
President Gaslighter wants us to believe that back in January 2024 it was his stock market; but today while President it’s Biden’s stock market…
@11:05 AM D.C., time:
He told ABC News that “China will probably eat those tariffs”…
MORAN: 145% tariffs on China–
— Aaron Rupar (@atrupar) April 30, 2025
TRUMP: Yeah. That's good. They deserve it
MORAN: It'll raise prices on everything from electronics to clothing to building houses
TRUMP: China probably will eat those tariffs pic.twitter.com/mgubqxh7gs
TERRY MORAN: Your Treasury secretary said we basically have an embargo on China.
PRESIDENT DONALD TRUMP: Look, you’re trying to —
TERRY MORAN: And that —
PRESIDENT DONALD TRUMP: — say something’s gonna happen, Terry —
TERRY MORAN: No, no, no, no. Okay, well, do you —
PRESIDENT DONALD TRUMP: Nothing’s gonna happen
TERRY MORAN: You know business. I wanna ask you —
PRESIDENT DONALD TRUMP: Terry — Terry —
TERRY MORAN: I wanna ask you.
PRESIDENT DONALD TRUMP: I do know business. And —
TERRY MORAN: Yeah, so 145% tariffs on China. And — and that is —
PRESIDENT DONALD TRUMP: That’s good.
TERRY MORAN: — basically —
PRESIDENT DONALD TRUMP: That’s good.
TERRY MORAN: — an embargo
PRESIDENT DONALD TRUMP: They deserve it.
TERRY MORAN: It’ll raise prices on everything from–
PRESIDENT DONALD TRUMP: They deserve it.
TERRY MORAN: — electronics to clothing to building houses.
PRESIDENT DONALD TRUMP: You don’t know that. You don’t know whether or not China’s gonna eat it —
TERRY MORAN: That’s mathematics.
PRESIDENT DONALD TRUMP: China probably will eat those tariffs. But at 145, they basically can’t do much business with the United States. And they were making from us a trillion dollars a year. They were ripping us off like nobody’s ever ripped us off. And by the way, we have other countries that were just as bad. If you look at the European Union, it was terrible what they’ve done to us. Every country, almost every country in the world was ripping us off.
TERRY MORAN: But I —
PRESIDENT DONALD TRUMP: They’re not doing that anymore.
He said some other things on the economy, but we are moving on…
Photoshop isn’t photoshop…
I don’t really need to give the background on this next clip…
TRUMP: He had MS-13 on his knuckles, tattooed!
— Aaron Rupar (@atrupar) April 30, 2025
MORAN: That was photoshopped
TRUMP: Terry, they're giving you the big break of a lifetime. I picked you. But you're not being very nice. pic.twitter.com/NgCpEB8o1S
PRESIDENT DONALD TRUMP: — he said he’d — wasn’t a member of a gang. And then they looked, and —
TERRY MORAN: Alright.
PRESIDENT DONALD TRUMP: On his knuckles — he had MS-13 —
TERRY MORAN: Alright. There’s dis — there’s a dispute over that —
PRESIDENT DONALD TRUMP: Well, wait a minute. Wait a minute. He had MS-13 —
TERRY MORAN: Well —
PRESIDENT DONALD TRUMP: — on his knuckles tattooed.
TERRY MORAN: — he — he — he — it didn’t say– oh, he had some tattoos that are inper — interpreted that way. But let’s move on
PRESIDENT DONALD TRUMP: Wait a minute.
TERRY MORAN: I want —
PRESIDENT DONALD TRUMP: Hey, Terry. Terry. Terry.
TERRY MORAN: He — he did not have the letter —
PRESIDENT DONALD TRUMP: Don’t do that — M-S-1-3 — It says M-S-one-three.
TERRY MORAN: I — that was Photoshop. So let me just–
PRESIDENT DONALD TRUMP: That was Photoshop? Terry, you can’t do that — he had —
— he– hey, they’re givin’ you the big break of a lifetime. You know, you’re doin’ the interview. I picked you because — frankly I never heard of you, but that’s okay —
TERRY MORAN: This — I knew this would come —
PRESIDENT DONALD TRUMP: But I picked you — Terry — but you’re not being very nice. He had MS-13 tattooed —
TERRY MORAN: Alright. Alright. We’ll agree to disagree. I want to move on —
PRESIDENT DONALD TRUMP: Terry.
TERRY MORAN: — to something else.
PRESIDENT DONALD TRUMP: Terry. Do you want me to show the picture?
TERRY MORAN: I saw the picture. We’ll — we’ll — we’ll agree to disagree —
PRESIDENT DONALD TRUMP: Oh, and you think it was Photoshop. Well —
TERRY MORAN: Here we go. Here we go.
PRESIDENT DONALD TRUMP: — don’t Photoshop it. Go look —
TERRY MORAN: Alright.
PRESIDENT DONALD TRUMP: — at his hand. He had MS-13 —
TERRY MORAN: Fair enough, he did have tattoos that can be interpreted that way. I’m not an expert on them.
I want to turn to Ukraine, sir —
PRESIDENT DONALD TRUMP: No, no. Terry —
TERRY MORAN: I– I want to get to Ukraine–
PRESIDENT DONALD TRUMP: Terry, no, no. No, no. He had MS as clear as you can be. Not “interpreted.” This is why people —
TERRY MORAN: Alright.
PRESIDENT DONALD TRUMP: — no longer believe —
TERRY MORAN: Well.
PRESIDENT DONALD TRUMP: — the news, because it’s fake news —
TERRY MORAN: When he was photographed in El Sal — in– in El Salvador, they aren’t there. But let’s just go on —
PRESIDENT DONALD TRUMP: He is —
TERRY MORAN: They aren’t there when he’s in El Salvador.
PRESIDENT DONALD TRUMP: –there — oh, oh, they weren’t there —
TERRY MORAN: Take a look at the photograph —
PRESIDENT DONALD TRUMP: But they’re there now, right?
TERRY MORAN: No. What —
PRESIDENT DONALD TRUMP: But they’re there now?
TERRY MORAN: They’re in your picture.
PRESIDENT DONALD TRUMP: Terry.
TERRY MORAN: Ukraine, sir.
PRESIDENT DONALD TRUMP: He’s got MS-13 on his knuckles.
TERRY MORAN: Alright. I —
PRESIDENT DONALD TRUMP: Okay?
TERRY MORAN: — we’ll — we’ll take a look at it —
PRESIDENT DONALD TRUMP: It’s — it’s — you do such a disservice –
That’s right, the President of the United States believes the MS-13 that was on the photo he shared about Garcia, was real.
I know, people will say “he knows”, but this isn’t the first time he said it…
From Friday’s post:
The article from TIME Magizine is here.
The transcript is here.
The fact-check is here; I did not read this one. I read the first two. The article summary of the interview is a 27 ish minute read.
Even his original post said “his hand”…
This is the hand of the man that the Democrats feel should be brought back to the United States, because he is such “a fine and innocent person.” They said he is not a member of MS-13, even though he’s got MS-13 tattooed onto his knuckles, and two Highly Respected Courts found… pic.twitter.com/31sNr2k1SK
— Donald J. Trump (@realDonaldTrump) April 18, 2025
I can’t stress enough how this is not normal.
To celebrate how great he is, he held a pump up his ego fest aka a Cabinet Meeting…
Howard Lutnick says he had a person approach him about the “gold card” for immigration to America at dinner “last night”.
Lutnick: "The attention on the Trump gold card — I mean, it makes me very popular. Last night, I was out for dinner and somebody came up and said, 'Can I buy 10?' And I'm like, that's pretty good, that's $50 million for dinner. So it's paying for my dinner." pic.twitter.com/TIaxO2bTDG
— Aaron Rupar (@atrupar) April 30, 2025
“It’s paying for my dinner”…
Reality Star turned Transportation Secretary says air travel is safe but also crumbling…
Duffy: "If we don't build a brand new system, there are going to be failures and people will lose their lives."
— Aaron Rupar (@atrupar) April 30, 2025
Good luck air travelers! pic.twitter.com/rdD02VtExz
President Shitshow opened by blaming Biden for the shrinking of the economy…
Trump: "We took over on January 20. These are quarterly reports. The tariffs haven't kicked in yet. I know that — and I don't want this to happen — I know that China is doing very poorly right now … the biggest boats in the world carrying cargo like nobody has ever seen are… pic.twitter.com/1AIJhXPXS7
— Aaron Rupar (@atrupar) April 30, 2025
Show more =’s I know that China is doing very poorly right now … the biggest boats in the world carrying cargo like nobody has ever seen are turning around.”
I have made no secret that President’s by and large do not control the economy, but this downturn, ironically, the downturn they said we experienced the whole time Biden was in office, is 100 percent Shitshow’s fault.
Businesses both small and large are suffering, tourism is falling off in America, companies are not spending the same as before and all of it…
Is because of the tariffs we didn’t need and most of us didn’t want.
This is an open thread
