{"id":2429320,"date":"2025-04-30T15:23:02","date_gmt":"2025-04-30T19:23:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-adviser-blames-lingering-problems-from-biden-for-gdp-woes\/"},"modified":"2025-04-30T15:24:28","modified_gmt":"2025-04-30T19:24:28","slug":"trump-adviser-blames-lingering-problems-from-biden-for-gdp-woes","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/trump-adviser-blames-lingering-problems-from-biden-for-gdp-woes\/","title":{"rendered":"Trump adviser blames &#8216;lingering problems&#8217; from Biden for GDP woes"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Ftrump-adviser-blames-lingering-problems-from-biden-for-gdp-woes%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2429320&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>In a recent statement,Stephen miran,Chairman of the White House Council of Economic Advisers,attributed a disappointing first-quarter GDP report to <a href=\"https:\/\/amzn.to\/3YuVZYV\">lasting economic issues<\/a> from the Biden management. The Bureau of Economic Analysis revealed a 0.3% GDP decrease from January to April,largely influenced by a 5% drop in imports. Miran pointed to factors such as <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/gdpnow-plummets-following-weak-consumer-spending-report\/\" title=\"GDPNow Plummets Following Weak ... Report\">weak consumer spending<\/a>, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/president-trump-we-had-u-s-running-like-a-finely-tuned-watch-but-now-the-decisions-are-absolutely-horrendous\/\" title=\"President ...: We had U.S. running like a finely-tuned watch, but now the decisions are absolutely horrendous\">high inflation rates<\/a> in January, <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/pope-francis-multilateralism-must-not-be-stifled-by-nationalistic-demands\/\" title=\"Pope Francis: Multilateralism Must Not Be Stifled by \u2018Nationalistic Demands\u2019\">adverse weather conditions<\/a>, and lingering government subsidies as contributors to the weak economic performance. Former President Donald Trump echoed these sentiments, suggesting that the current economic struggles stem from Biden&#8217;s policies.As Trump navigates a 90-day halt on tariffs affecting 86 countries, concerns about a potential recession have emerged, although Treasury Secretary Scott Bessent and other officials have dismissed such predictions.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-header-search-button-mob dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-mobile-search-icon td-icon-search\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><span class=\"tdb-mobile-menu-button\"><i class=\"tdb-mobile-menu-icon td-icon-mobile\"><\/i><\/span><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div class=\"tdb-drop-down-search\" aria-labelledby=\"td-header-search-button\">\n<div class=\"tdb-drop-down-search-inner\">\n<form method=\"get\" class=\"tdb-search-form\" action=\"https:\/\/www.washingtonexaminer.com\/\"><\/form>\n<div class=\"tdb-aj-search\"><\/div>\n<\/div>\n<\/div>\n<p><a href=\"http:\/\/www.washingtonexaminer.com\/#\" role=\"button\" aria-label=\"Search\" class=\"tdb-head-search-btn dropdown-toggle\" data-toggle=\"dropdown\"><i class=\"tdb-search-icon td-icon-search\"><\/i><\/a><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<h1 class=\"tdb-title-text\">Trump economic adviser blames &lsquo;lingering problems&rsquo; from Biden for GDP report<\/h1>\n<div><\/div>\n<div class=\"tdb-title-line\"><\/div>\n<\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\">\n<div id=\"Brid_2105162\" class=\"tpd-featured-video bridtv\"><\/div>\n<p>White House Council of Economic Advisers Chairman <a href=\"https:\/\/www.washingtonexaminer.com\/news\/campaigns\/presidential\/3268440\/trump-taps-stephen-miran-to-lead-council-of-economic-advisers\/\" target=\"_blank\" rel=\"noopener\" title=\"Stephen Miran\">Stephen Miran<\/a> blamed a poor first-quarter GDP report on January being &ldquo;a very weak month&rdquo; under former President <a href=\"http:\/\/washingtonexaminer.com\/tag\/joe-biden\" target=\"_blank\" rel=\"noopener\" title=\"\">Joe Biden<\/a>.<\/p>\n<p>The Bureau of Economic Analysis published its report Wednesday, finding that the GDP decreased by 0.3% from January to April. Imports negatively affected GDP by 5%.<\/p>\n<div class=\"recommended-stories\">\n<h2>Recommended Stories<\/h2>\n<ul>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/news\/3395993\/gas-prices-increases-to-end-month-of-april\/\">Gas prices: Increases at the pumps to end the month of April<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/policy\/economy\/3393040\/bessent-unaware-of-trade-talks-trump-xi\/\">Bessent unaware of any trade talks between Trump and Xi<\/a><\/li>\n<li><a href=\"https:\/\/www.washingtonexaminer.com\/policy\/economy\/3393001\/bessent-panic-on-trump-handling-of-economy-media-driven\/\">Bessent suggests panic on Trump&#8217;s handling of economy is &#8216;media-driven&#8217;<\/a><\/li>\n<\/ul>\n<\/div>\n<div class=\"article-paywall\">\n<p>&ldquo;So, consumer spending was extremely weak in January. And that was a result of lingering problems with the economy left to us by President Biden&rsquo;s economic policies. Inflation was extraordinarily high in January, in contrast to more recent months. There was bad weather,&rdquo; Miran said on CNN&rsquo;s The Situation Room on Wednesday. &ldquo;There were lingering problems with government subsidies. There were wildfires. January was a very weak month for personal spending, and that spilled into the consumption data for the quarter as a whole.&rdquo;<\/p>\n<div style=\"width: 100%; max-width: 640px; max-height: 360px; min-width: 320px; min-height: 180px; overflow: hidden;\">\n<div style=\"position: relative; width: 100%; padding-top: 56.25%;\"><iframe src=\"https:\/\/share.grabien.com\/share.php?id=2914048&amp;userid=11311&amp;loginid=10455&amp;playercolor=%23000000&amp;playersize=auto&amp;code=bd2d5e8960c261e132106d0345e9d3cc\" style=\"position: absolute; top: 0px; left: 0px; width: 100%; height: 100%; border: 0px;\" allowfullscreen><\/iframe><\/div>\n<\/div>\n<p>An adjustment for inflation was reflected in the BEA&rsquo;s report.<\/p>\n<p>Miran&rsquo;s comments echoed those of President Donald Trump, who took to Truth Social to calm the public.<\/p>\n<p><a href=\"https:\/\/www.washingtonexaminer.com\/news\/business\/3395411\/james-lankford-amazon-tariff-costs-transparency-display\/\" target=\"_blank\" rel=\"noopener\" title=\"\"><strong>JAMES LANKFORD SUPPORTS AMAZON&rsquo;S &lsquo;TRANSPARENCY&rsquo; IN TARIFF COST DISPLAY<\/strong><\/a><\/p>\n<p>&ldquo;Our Country will boom, but we have to get rid of the Biden &lsquo;Overhang,&rsquo;&rdquo; Trump&nbsp;<a href=\"https:\/\/truthsocial.com\/@realDonaldTrump\/posts\/114427089568235019\" target=\"_blank\" rel=\"noopener\" title=\"\">wrote<\/a>. &ldquo;This will take a while, has NOTHING TO DO WITH TARIFFS, only that he left us with bad numbers, but when the boom begins, it will be like no other.&rdquo;<\/p>\n<p>    <iframe src=\"https:\/\/truthsocial.com\/@realDonaldTrump\/114427089568235019\/embed\" class=\"truthsocial-embed\" style=\"max-width: 100%; border: 0\" width=\"600\" allowfullscreen=\"allowfullscreen\"><\/iframe><script data-cfasync=\"false\" src=\"http:\/\/www.washingtonexaminer.com\/cdn-cgi\/scripts\/5c5dd728\/cloudflare-static\/email-decode.min.js\"><\/script><script src=\"https:\/\/truthsocial.com\/embed.js\" async=\"async\"><\/script>    <\/p>\n<p>This report comes as Trump is in the middle of a 90-day pause on tariffs against 86 countries. The strategy has faced criticism and stoked fears of a recession. Treasury Secretary <a href=\"https:\/\/www.washingtonexaminer.com\/policy\/economy\/3371655\/scott-bessent-rejects-assumption-impending-recession\/\" target=\"_blank\" rel=\"noopener\" title=\"Scott Bessent\">Scott Bessent<\/a>, among other Trump officials, has largely dismissed predictions of an impending recession.<\/p>\n<\/div>\n<p> <script>!function(){var g=window;g.googletag=g.googletag||{},g.googletag.cmd=g.googletag.cmd||[],g.googletag.cmd.push(function(){g.googletag.pubads().setTargeting(\"has-featured-video\",\"true\")})}();<\/script><script>var _bp=_bp||[];_bp.push({\"div\":\"Brid_2105162\",\"obj\":{\"id\":\"27789\",\"width\":\"1280\",\"height\":\"720\",\"stickyDirection\":\"below\",\"video\":\"2105162\"}});<\/script><script defer src=\"https:\/\/services.brid.tv\/player\/build\/brid.min.js\"><\/script><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<div class=\"tdb-block-inner td-fix-index\"><\/div>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Trump adviser attributes GDP decline to Biden&#8217;s lingering issues<\/p>\n","protected":false},"author":2631,"featured_media":2429323,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/01\/AP24318602295055.webp","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[4205,19583,3634],"class_list":["post-2429320","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-adviser","tag-gdp","tag-trump"],"fifu_image_url":"https:\/\/www.washingtonexaminer.com\/wp-content\/uploads\/2025\/01\/AP24318602295055.webp","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2429320","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/2631"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2429320"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2429320\/revisions"}],"predecessor-version":[{"id":2429324,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2429320\/revisions\/2429324"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2429323"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2429320"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2429320"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2429320"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}