Welcome to the Trump economic revolution!
As of June 9, 2025, the Atlanta Fed’s GDPNow estimates that real GDP growth was 3.8%. So much for Trump’s tariff “war” destroying the economy.
Latest estimate: 3.8 percent — June 09, 2025
The GDPNow model estimate for real GDP growth (seasonally adjusted annual rate) in the second quarter of 2025 is 3.8 percent on June 9, unchanged from June 5 after rounding. After recent releases from the US Census Bureau and the US Bureau of Labor Statistics, a decrease in the nowcast of second-quarter real personal consumption expenditures growth from 2.6 percent to 2.5 percent was partly offset by an increase in the nowcast of real gross private domestic investment growth from -2.2 percent to -1.9 percent.

Biden relied on government hiring and Fed’s money printing to drive the US economy. And then the gas ran out.

seeing as the gov spending really didn’t slow, I guess we’re not completely out of gas yet. When we do run out, its gonna be painful.
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