Fox Host Predicts Recession Under Trump — But Says ‘It Will Be Joe Biden’s Recession’

Fox Business Network anchor Maria Bartiromo said conditions point to a “recession” this year — but added “It will be Joe Biden’s recession.”

The stock market tanked after President Donald Trump’s tariffs took effect this week, leading to some whiplash-inducing shifts and setting the table for Friday’s jobs report — the first full month of employment data of Trump’s second term.

With all eyes on the Bureau of Labor Statistics Friday morning, the jobs report came out with a weaker-than-expected 151,000 jobs added and unemployment ticking up slightly to 4.1 percent.

But on Friday morning’s edition of Fox Business Network’s Mornings With Maria, Bartiromo pre-blamed Biden as she and Fox host Charles Payne bantered ahead of the jobs report.

Bartiromo reiterated the claim that Biden will own a recession under Trump minutes after the jobs report came out:

CHARLES PAYNE: We are already in a labor crisis and we don’t see it on the front end. You won’t see it on Thursdays initial jobless claims. You see it through attrition. People are leaving work and no one is being hired. And that’s what ADP also backed up.

Also, hours work hours are getting longer and wage growth is getting slower. That’s where the labor crisis is going to show up. And that’s where it’s going to start to hurt us.

And I think already the street’s looking at three rate cuts this year. Maybe [Jay] Powell says something that makes him think that could be the more. Between the jobs report and Powell’s comments. We could even see even more, because that’s going to be one of the things that pulls this market out of out of a tailspin.

MARIA BARTIROMO: Yeah, but if you’re expecting three rate cuts that look, if we get three rate cuts by the fed, that means you’re talking about a dire financial situation. You’re talking about recession! Three rate cuts– recession!

CHARLES PAYNE: Right now with with just 10% of the population buying 50% of the goods and all of the so-called excess cash. Long gone from the bottom bottom, you know, 75% of this country, most people are already in a recession. Most people have been in a recession. And when I went to the polls in November, they were in a recession.

So a lot of this stuff doesn’t show up in official data. Almost every economic data point that we use needs to be rejiggered. And relooked at.

The GDP number that do you why why do we even talk about U3 when we should be looking at the U6 employment number? Almost everything that we use to measure our economy is so way off that there’s a massive disconnect between Wall Street economists and Main Street, and that’s why you get the things that we got in November.

MARIA BARTIROMO: All right. We’ll see if Joe Biden’s recession shows up. Charles, you’re sticking with us for our jobs panel.

MARIA BARTIROMO: …that’s why I said earlier it would be Biden’s recession. And I know the haters out there will slam me later the other day they went nuts on me on Twitter, on X.

I said, well, how come I don’t see any Dodge Ram or Dodge pickup trucks in Europe? And they went nuts on it. But it’s true.

Watch above via Fox Business Network’s Mornings With Maria.