NYT NUMBSKULLERY: Today's 3 Percent Growth Is Bad, 1.1 Percent Under Biden Was Good

 Economic Reporting on Trump Administration

- President Donald Trump's economy faces negative coverage from media like The New York Times.

- The latest report by the Bureau of Economic Analysis (BEA) indicated a 3% GDP growth in Q2, exceeding expectations of 2. 3%.

Media Summary of GDP Growth

- CNBC highlighted strength in key areas and noted inflation is decreasing.

- Despite these positive indicators, the Times' correspondent Ben Casselman presented a negative spin on the Q2 growth.

Casselman’s Reporting on GDP

- Headline read: "U. S. Economy Slowed in First Half of 2025 as Tariffs Scrambled Data. "

- Casselman claimed consumer spending remained weak despite GDP rebound.

- He described the first half of the year as showing "anemic, though positive, economic growth. "

Contrast in Reporting Between Administrations

- Under President Biden, Q1 2023 GDP growth was reported at only 1. 1%, below expectations of 1. 9%.

- Casselman’s tone shifted positively about 1. 1% growth, citing consumer spending as a buffer against recession.

Criticism of Casselman’s Analysis

- Critics state his mixed messages on GDP growth indicate bias.

- The disconnect between how he described growth under Trump versus Biden raises questions about his objectivity.

Forecasts and Economic Concerns

- Casselman warned about potential economic deterioration due to tariffs and cuts impacting industries.

- He noted that tariffs could disrupt supply chains and consumer spending decisions.

Positive Economic Indicators Noted by Experts

- Economist EJ Antoni highlighted gains driven by the private sector, not government spending.

- He criticized Casselman for ignoring facts in his reporting, such as declining government expenditures in 2023.

Consumer Spending and Long-Term Growth

- Q2 growth attributed to increased consumer spending and fixed nonresidential investment.

- Economist Daniel Lacalle noted inflation pressures are currently low, with a significant decrease in the PCE Index inflation.

Conclusion on Reporting Bias

- Concerns raised about whether Casselman has a reasonable understanding of economic terms or is influenced by a bias against Trump.

- Discussion of "Trump-Derangement Syndrome" suggests a negative filter through which some journalists view economic data. 

https://newsbusters.org/blogs/business/joseph-vazquez/2025/07/30/nyt-numbskullery-todays-3-percent-growth-bad-11-percent