Donald Trump is “Okay” With a Recession
May 3, 2025

Donald Trump has brought the economy to the brink of a recession despite promising on day one to lower costs — and he’s “okay” with it. Hardworking Americans know Trump is to blame for record-high prices, plunging manufacturing, and a “full-blown crisis” on their doorstep with no end in sight. While Trump dodges responsibility for the disaster he created, it’s the American people who will continue to pay the price.
WATCH: Donald Trump downplays recession warnings, saying he’s “okay” with it.
Kristen Welker: “Is it okay in the short term to have a recession?”
Donald Trump: “Look, yeah. Everything’s okay.”
REMINDER: Trump and his billionaire Cabinet have previously said a recession is “worth it.”
New York Times: “Trump Says a Recession Might Be Worth the Cost. Economists Disagree.”
“Howard Lutnick, the commerce secretary, has said Mr. Trump’s policies are ‘worth it’ even if they cause a recession. Scott Bessent, the Treasury secretary, has said the economy may need a ‘detox period’ after becoming dependent on government spending. And Mr. Trump has said there will be a ‘period of transition’ as his policies take effect.”
In just 100 Days, Trump has tanked the economy, bringing it to the brink of a recession.
CNN: “Trump took the US economy to the brink of a crisis in just 100 days”
“Americans were desperate for relief from high grocery prices and bought into Trump’s promise to make America affordable again in November 2024, partly out of nostalgia for the pre-pandemic economy of his first term.
“But the president deliberately and singlehandedly adopted policies that are almost certain to spike prices even more; that could lead to shortages; and that have CEOs and small businesses dealing with chaos and the possibility of a recession.”
Reuters: “Risks are high that the global economy will slip into recession this year, according to a majority of economists in a Reuters poll, in which scores said U.S. President Donald Trump’s tariffs have damaged business sentiment.”
A majority of Americans believe the economy is on the wrong track under Trump — including Republicans.
Bloomberg: “US consumer sentiment fell to one of the lowest readings on record and long-term inflation expectations climbed to the highest since 1991 on fears of the economic fallout from tariffs. …
“About two-thirds of respondents see their inflation-adjusted incomes falling in the year ahead. Nearly as many expect unemployment to rise.”
Conference Board: “Notably, the share of consumers expecting fewer jobs in the next six months (32.1%) was nearly as high as in April 2009, in the middle of the Great Recession. In addition, expectations about future income prospects turned clearly negative for the first time in five years, suggesting that concerns about the economy have now spread to consumers worrying about their own personal situations.”
Joe Weisenthal, Bloomberg: “March saw a big drop in how *Republicans* feel about the state of the US economy”
NBC News/SurveyMonkey: 60% of Americans say the country is on the wrong track, 60% disapprove of Trump’s handling of inflation and cost of living.