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Latest Breaking News
Showing Original Post only (View all)'Uh, Yeah': Trump Says It's 'Ok' if He Causes a Recession [View all]
Source: MEDIAite
May 2nd, 2025, 10:15 pm
President Donald Trump acknowledged that his trade policies could lead to a recession, but said ultimately, “We’re gonna do fantastically.”
Trump sat down with Meet the Press host Kristen Welker for an interview that will air on Sunday’s program. MSNBC teased the conversation with a brief clip on Friday:
WELKER: Some people on Wall Street have expressed concerns that the possibility of a recession is increasing. And I wanna know what you think about that. Are you comfortable with the country potentially dipping into a recession for a period of time if you are able to achieve your long-term goals?
TRUMP: Well, you know, you say some people on Wall Street say. Well, I tell you something else. Some people on Wall Street say that we’re gonna have the greatest economy in history. Why don’t you talk about them? Because some people on Wall Street say this–
WELKER: Well, that’s what I’m getting at. That’s what I’m getting at, though. It’s the same question.
TRUMP: There are many people on Wall Street say this is gonna be the greatest windfall ever happened.
WELKER: And that’s my question. The long term. Is it ok in the short term to have a recession?
TRUMP: Remember this. Look, uh, yeah. It’s– everything’s ok. What we are, I said this is a transition period. I think we’re gonna do fantastically.
Trump sent markets reeling last month when he announced sweeping tariffs on almost all imports.
Read more: https://www.mediaite.com/tv/uh-yeah-trump-says-its-ok-if-he-causes-a-recession/
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LOL. the stabel jenius and his "short-term recession" that "some people" say things about
PSPS
May 3
#1
He doesn't care because tariff money, and their will be lots is going to the US treasury...an account that
PortTack
May 3
#9
He's lying again. There is not a single person on Wall Street saying we're gonna have the greatest economy in history.
Wiz Imp
May 3
#12
Not to mention that the first estimate of Q1 GDP was a *NEGATIVE* 0.3% annualized growth rate.
progree
May 3
#16
The Big Man talking big. He has already made significant changes to his tariff attack because of the market response.
Martin68
May 3
#13
Even the much touted Friday jobs report of 177k more jobs was really just a 119k gain compared to the previous (April 4)
progree
May 3
#15