President Trump's social media post hinting at GDP numbers raises eyebrows on Wall Street and beyond. Is this even allowed
President Trump's social media post hinting at GDP numbers raises eyebrows on Wall Street and beyond. Is this even allowed
  • Trump hinted at weaker GDP data on Truth Social before the official announcement.
  • The government shutdown significantly impacted the GDP growth rate.
  • Trump criticizes Federal Reserve Chair Jerome Powell over interest rates.
  • The White House defends Trump's actions citing consistent messaging about the shutdown's economic drag.

OMG Did He Just Do That

Okay, so like, President Trump just casually dropped a hint about the GDP numbers on Truth Social *before* they were even officially released. I mean, is that even legal I'm no economist, but even I know that's kinda sus. It's like when North West tells everyone what they are getting for Christmas, before Christmas day. He wrote something about the "Democrat Shutdown" costing the U.S.A. at least two points in GDP. Two points Like, what's a point anyway Is it like a point on my contour scale I need to know.

Shutdown Impact Like, Seriously

Apparently, this whole government shutdown thing really messed with the economy. Like, *really* messed with it. The Commerce Department said GDP only rose 1.4% in the fourth quarter. That's a HUGE drop. The U.S. Congressional Budget Office even said the shutdown could shrink GDP growth by up to 2 percentage points. It's giving very much "I'm not sure what these things mean, but it sounds serious". It's like when I tried to bake a cake once and the kitchen looked like a bomb exploded – total chaos. Speaking of things soaring, have you read Nikkei Soars Higher Than a Nimbus 2000 Japan's Stock Market Hits Record Highs? It's a whole other level of economic drama but in Japan.

Powell Drama It's Always Something

And of course, Trump had to throw some shade at Federal Reserve Chair Jerome Powell. He's always on Powell's case about interest rates. "Two Late' Powell is the WORST!!!" he wrote. I feel like that's a very "me vs. my sisters" kind of energy. It's like, can't we all just get along and lower those interest rates already I mean, I need to buy more SKIMS, people.

White House Spin Zone

The White House is trying to do damage control, saying Trump was just pointing out how the shutdown was dragging down the economy. They're saying his GDP percentage figures were "consistent with his 2% Truth this morning." Okay, but like, is it still okay to reveal that stuff *before* everyone else knows I thought everyone in the Kardashian family knows everything first and before all others. It's giving me major trust issues.

Remember the Jobs Report Oops

Apparently, this isn't the first time Trump's let something slip early. Remember that time he hinted at the nonfarm payrolls data before it came out The White House called it an "inadvertent public disclosure." Sure, Jan. It's like when I "inadvertently" leak a new SKIMS drop on my Instagram story. Totally unintentional, guys.

What Does This All Mean Anyway

Honestly, I'm not sure what all of this means for the economy, but it definitely means drama. And you know I live for drama. Is this a policy violation Is it just Trump being Trump Either way, it's definitely something to keep an eye on. Now, if you'll excuse me, I have a meeting about the latest KKW Beauty shade. Priorities, people.


Comments

  • No comments yet. Become a member to post your comments.