That is an tailored excerpt from the May 1 episode of “Morning Joe.”
In the course of the marketing campaign, there have been repeated warnings about what would occur if Donald Trump went via together with his promise of sweeping world tariffs. Simply over 100 days into his second time period, we’re seeing these warnings come to life.
On Wednesday, the Commerce Division reported that the U.S. economic system shrank at an annual rate of 0.3% during the first quarter, marking the primary quarter of unfavorable progress since Q1 of 2022. In a Fact Social put up, Trump rapidly tried to go the blame for that quantity onto Joe Biden. “That is Biden’s Inventory Market, not Trump’s. I didn’t take over till January twentieth,” Trump wrote.
Senate Republicans had an opportunity to take again their constitutionally mandated energy on Wednesday — all however three mentioned “no.”
However the fact is, Trump isn’t the one one who deserves blame right here. If I’m a Democrat, I’m not blaming this all on Trump. Republicans in the Senate had a chance on Wednesday to take a stand in opposition to these tariffs and terminate the “nationwide emergency” the president used to implement them. There’s no nationwide emergency that might justify what the president has carried out. Republicans know that.
Earlier than Trump took the White Home, the U.S. economic system was the envy of the world. Republicans wanted to guard that economic system, and so they had the chance to do this with Wednesday’s vote. However, in the long run, solely three Republican senators have been courageous sufficient to take a stand in opposition to Trump. Sen. Rand Paul of Kentucky, Sen. Susan Collins of Maine and Sen. Lisa Murkowski of Alaska have been the one Republicans to inform the administration that they refused to forfeit all of their power on tariffs to the White House.
The American folks will really feel the affect of Trump’s tariffs — if they haven’t already. When the subsequent election comes round, the identical Republicans who refused to face as much as the president can’t go on the marketing campaign path and level their finger at Trump. These Republicans personal this. The Republican senators who refused to hitch their colleagues on Wednesday personal it. Republican Home members who’ve stood idly by as Trump wreaks havoc on the economic system personal it.
Beneath Trump, elected Republicans have given up their energy. They’d an opportunity to take again their constitutionally mandated energy on Wednesday — all however three mentioned “no” and successfully advised the American those that they wrap their arms round this economic system, round a attainable recession, and so they take full credit score for it.
Allison Detzel contributed.
