In a recent interview at Mar-a-Lago, President Trump engaged in a dialogue with Kristen Welker, the host of NBC’s “Meet the Press,” where the topic of a potential recession dominated the conversation.
When pressed by Welker about recession fears, Trump maintained a sense of optimism. “Look, yeah, it’s, everything’s OK. What we are… I said, this is a transition period. I think we’re going to do fantastically,” he asserted.
Welker inquired further, asking, “Some people on Wall Street have expressed concerns that the possibility of a recession is increasing. Are you comfortable with the country potentially dipping into a recession for a period of time if you are able to achieve your long-term goals?”
In a classic Trump maneuver, the former president pivoted the narrative back to a more favorable perspective. “Well, you know, you say, ‘Some people on Wall Street say’ — well, I tell you something else. Some people on Wall Street say that we’re going to have the greatest economy in history. Why don’t you talk about them?” he replied, emphasizing a more optimistic outlook.
He continued, “Because some people… there are many people on Wall Street that say this is going to be the greatest windfall ever happen.”
WATCH:
Fake News NBC: “Some people on Wall Street have expressed concerns…”@POTUS: “Some people on Wall Street say that we’re going to have the greatest economy in history. Why don’t you talk about them?” pic.twitter.com/GzCCRTVC7V
— Rapid Response 47 (@RapidResponse47) May 2, 2025
Meanwhile, the media seems preoccupied with the notion of a looming “Trumpcession,” despite the ongoing economic challenges attributed to the previous administration. A retrospective glance at July 2022 reveals a period where the U.S. economy experienced two consecutive quarters of contraction—a textbook recession. Yet, the media quickly recalibrated its definition to shield President Biden from criticism.
NPR, in its analysis, attempted to redefine recession by noting, “While two consecutive quarters of negative growth is often considered a recession, it’s not an official definition. A nonprofit, non-partisan organization called the National Bureau of Economic Research determines when the U.S. economy is in a recession.” This pivot seems less about economic accuracy and more about political expediency.
