When the stock market fell Wednesday on news that the American economy had gone backward during the first three months of 2025, President Trump knew exactly who to blame: Biden.

In a fiery social media post, President Donald Trump blamed the economy‘s unexpected contraction on his predecessor, former President Joe Biden. “This is Biden’s Stock Market, not Trump’s. I didn’t take over until January 20th,

Gross domestic product fell 0.3% in the first quarter of 2025, the weakest economic performance the U.S. has recorded since the first quarter of 2022.