Trump ADMITS he will blame the recession on BIDEN
David Pakman Show
[{'start': '0.640', 'end': '6.240', 'text': 'Donald Trump gave away the whole game yesterday.\xa0\nHe is preparing to blame the potentially'}, {'start': '6.240', 'end': '13.280', 'text': 'forthcoming recession, slow down, whatever else\xa0\nhappens right now in Q2 on Joe Biden. Here is'}, {'start': '13.280', 'end': '17.920', 'text': 'Trump during a whacked out cabinet meeting,\xa0\nwhich we will look at in more detail a little'}, {'start': '17.920', 'end': '24.880', 'text': "bit later. Trump saying this would be Biden's\nquarter that we looked at today. And I took,"}, {'start': '24.880', 'end': '32.400', 'text': 'we took all of us together. We came in on January\xa0\n20th. So this is Biden. And you could even say the'}, {'start': '32.400', 'end': '37.680', 'text': "next quarter is sort of Biden because it doesn't\xa0\njust happen on a daily or a hourly basis. But"}, {'start': '37.680', 'end': '41.120', 'text': "we're turning it around. It's a big ship to turn\xa0\naround. And we're going to have the greatest"}, {'start': '41.120', 'end': '45.360', 'text': "country financially in the history of the world,\xa0\nI believe. I think we're gonna do things that,"}, {'start': '45.360', 'end': '52.320', 'text': 'and we had to do it. We reset the table. We were\xa0\nbeing ripped off by every single country with'}, {'start': '52.320', 'end': '59.120', 'text': "just about without exception. I could I'd have to\xa0\nreally think hard for who hasn't taken advantage."}, {'start': '59.120', 'end': '62.480', 'text': "And I don't even blame those countries.\xa0\nI blame the person that was sitting right"}, {'start': '62.480', 'end': '69.120', 'text': 'here where I am for allowing it to happen where\xa0\nour country was ripped off on trade hundreds of'}, {'start': '69.120', 'end': '74.320', 'text': "billions of dollars. And now we're doing better\xa0\nthan we've done in a long time. You know, we..."}, {'start': '74.320', 'end': '80.480', 'text': "And of course, we're not doing better. GDP has\xa0\ncontract contracted stock markets are down at, but"}, {'start': '80.480', 'end': '84.800', 'text': "Trump is telling us if the recession is coming, if\xa0\nthe recession is now, this is Biden's fault. Now,"}, {'start': '84.800', 'end': '88.960', 'text': 'just a reminder, Trump also put out on truth\xa0\nsocial. We looked at this earlier in the show,'}, {'start': '88.960', 'end': '93.760', 'text': "but I want to include it here. Trump put out\xa0\nuntruth. This is Biden stock market, not Trump's."}, {'start': '93.760', 'end': '99.200', 'text': "I didn't take over until January 20th. Tariffs are\xa0\ngoing to kick in. It's all going to boom. But it"}, {'start': '99.200', 'end': '102.640', 'text': "has nothing to do with tariffs. What's going on\xa0\nright now and you've got to be patient. That's"}, {'start': '102.640', 'end': '106.960', 'text': "me summarizing Trump's truth. So let's just be\xa0\nsuper honest about what's happening here. Trump"}, {'start': '106.960', 'end': '112.720', 'text': 'is admitting out loud that this quarter might\xa0\nlook really bad and rather than standing behind'}, {'start': '112.720', 'end': '117.680', 'text': "the economy he's now in charge of, he's laying the\xa0\ngroundwork to say, not my fault. I just got here."}, {'start': '117.680', 'end': '123.440', 'text': "You can't blame Trump for Q1 of 2025 because Biden\xa0\nwas president for 20 days. You can't blame Trump"}, {'start': '123.440', 'end': '131.520', 'text': 'for Q2 of 2025, even though he was president.\xa0\nAssuming he survives Q2, obviously, for all'}, {'start': '131.520', 'end': '138.800', 'text': 'three months of Q2. And so what he wants is credit\xa0\nfor an imaginary future boom that may never come,'}, {'start': '138.800', 'end': '143.120', 'text': "zero responsibility and blame for the current\xa0\nreality we're dealing with. And this is a reality"}, {'start': '143.120', 'end': '150.240', 'text': 'that includes markets reacting nervously to the\xa0\ntariff threats, businesses pausing investment and'}, {'start': '150.240', 'end': '156.640', 'text': "growing talk of a slowdown. And he wants to call\xa0\nit the Biden over him. Overhang. It's the Trump"}, {'start': '156.640', 'end': '162.160', 'text': "playbook. If it's good, it's me. If its bad,\xa0\nit is Biden. And if it's really bad, its Biden"}, {'start': '162.160', 'end': '168.880', 'text': "and be patient with me. Put it in perspective. Q2\xa0\nstarted in April. It was May 1st. We're a month,"}, {'start': '168.880', 'end': '175.440', 'text': "we're a third of the way through Q2. Trump took\xa0\noffice in January and he's been in power for the"}, {'start': '175.440', 'end': '183.120', 'text': "entire quarter. The economy, The markets, investor\xa0\nsentiment. These are reactions to Trump's agenda."}, {'start': '183.120', 'end': '190.800', 'text': 'The agenda. Is blanket tariffs that spook global\xa0\ntrade and domestic markets, a regulatory rollback'}, {'start': '190.800', 'end': '198.160', 'text': "that's creating even more uncertainty and public\xa0\ncomments from Trump and his acolytes that he knows"}, {'start': '198.160', 'end': '204.160', 'text': "the pain is coming, but he's more worried about\xa0\nblaming it on someone else than he is on fixing"}, {'start': '204.160', 'end': '210.720', 'text': "it. So the takeaway is Trump's preannouncing a\xa0\nrecession. He's preannouncing an excuse for it,"}, {'start': '210.720', 'end': '215.520', 'text': 'which is blame Biden. And if the economy falters\xa0\nin the next couple of months, he wants you to'}, {'start': '215.520', 'end': '221.440', 'text': "believe it is still somehow Joe Biden's fault,\xa0\neven though he can't link it to any specific Biden"}, {'start': '221.440', 'end': '229.360', 'text': "era policies. And even though we'll have been\xa0\nin power for the full six months of Q1 and Q2"}, {'start': '229.360', 'end': '236.320', 'text': "minus the first 20 days, I don't think I have to\xa0\ntell you whether that makes sense to believe I"}, {'start': '236.320', 'end': '243.360', 'text': 'respect my audience, most of my audience enough to\xa0\nknow you can decide for yourselves. When Trump is'}, {'start': '243.360', 'end': '251.040', 'text': 'president for six months, minus 20 days, who\xa0\ndeserves almost all of the credit or blame,'}, {'start': '251.040', 'end': '258.160', 'text': 'right? Either way of the or blame for what took\xa0\nplace during those five months and 10 days. Is'}, {'start': '258.160', 'end': '265.200', 'text': "it the guy who, uh, last summer decided he wasn't\xa0\nrunning for reelection and who wasn't even on the"}, {'start': '265.200', 'end': '270.960', 'text': "ballot in November and who left office months\xa0\nago? Or is it the person who's been president?"}, {'start': '270.960', 'end': '276.080', 'text': "For five months and 10 days as of the end of this\xa0\nquarter, you decide. I know you're smart enough"}, {'start': '276.080', 'end': '282.720', 'text': 'to figure out where that, uh, where that lands.\xa0\nUh, I will be going live next week with Aaron'}, {'start': '282.720', 'end': '290.480', 'text': 'Rupar on sub stack. We will be talking about the\xa0\ngrowth of and future of independent media. I hope'}, {'start': '290.480', 'end': '295.760', 'text': "you'll join me. It's going to be Wednesday. Wait a\xa0\nsecond. When is it going to? Be? Let me make sure"}, {'start': '295.760', 'end': '303.920', 'text': 'I promote it correctly. This is going to, uh.\xa0\nWhat week is it? Wednesday at 2 p.m. Eastern,'}, {'start': '303.920', 'end': '309.120', 'text': "Aaron Rupar and I are going to be doing a sub\xa0\nstack live. Make sure you're subscribed to my"}, {'start': '309.120', 'end': '313.360', 'text': "sub stack newsletter. Make sure. You've got the\xa0\nsub stack app on your phone. That's the best way"}, {'start': '313.360', 'end': '318.320', 'text': "to access sub stack. I'll say more about it.\xa0\nI think it's going to be a great conversation."}]