The US president is blaming \u2018Biden\u2019s economy\u2019. In fact, there is one key cause of the poor showing \u2013 and it\u2019s not his predecessor<\/p>\n
While Donald Trump<\/a> delusionally asserts that \u201cwe\u2019re celebrating the most successful first 100 days<\/a> of any administration in American history\u201d, last week\u2019s economic news emphatically refutes that. Trump\u2019s commerce department reported on Wednesday that the US economy \u2013 in a sharp and dismaying reversal \u2013 shrank in the first quarter<\/a> of this year.<\/p>\n That of course is when Trump returned to the White House, but Trump, true to form, denied that he was in any way responsible for the surprisingly bad economic news. Trump, who has spent his life blaming others and refusing to admit mistakes, was quick to blame Joe Biden<\/a> for the downturn. The nation\u2019s gross domestic product declined at a 0.3% annual rate in the quarter, after adjusting for inflation.<\/p>\n Steven Greenhouse is a journalist and author focusing on labor and the workplace, as well as economic and legal issues<\/p>\n Continue reading…<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" The US president is blaming \u2018Biden\u2019s economy\u2019. In fact, there is one key cause of the poor showing \u2013 and it\u2019s not his predecessor While Donald Trump delusionally asserts that \u201cwe\u2019re celebrating the most successful first 100 days of any administration in American history\u201d, last week\u2019s economic news emphatically refutes that. Trump\u2019s commerce department reported … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-40666","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/40666","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=40666"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/40666\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=40666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=40666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=40666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}