As the economy contracted for the first time in three years, the US president has come under fire for contradicting stock market claims.
Donald Trump has pledged to’make America rich again’ since taking office again.Additionally, the government has been cutting federal budgets everywhere it goes, with Elon Musk at the forefront.
Earlier this month, however, Trump was able to control the stock market, causing $2 trillion to be lost in just 25 seconds.
The Commerce Department reported on Wednesday, April 30, that the US economy ended a three-year expansion streak by contracting by 0.3 percent between January and March.
It brings the nation dangerously close to a technical recession, which is characterized by two quarters of negative growth. The most recent recession occurred during the two-month coronavirus epidemic in 2020.
