Fox's Maria Bartiromo worries Trump's federal government cuts could “induce a recession”
Bartiromo still tried to blame weak job creation last month on “Joe Biden's economy that Trump inherited”
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From the March 5, 2025, edition of Fox Business' Mornings with Maria Bartiromo
MARIA BARTIROMO (ANCHOR): You make a good point, and you know, some of the spending has just been outrageous. But there are questions about all this cuts in DOGE, and all these cuts to federal spending, could actually lead to or induce a recession, that's what The Lindsey Group has been reporting. And we just got the jobs numbers out, congressman. The ADP number is crossing right now, 77,000 private sector jobs were added to the economy last month. This is the lowest number of jobs added to the economy last month since July. This is the February ADP report.
Now, obviously, this is not a result of President Trump's policies, because this is a result of Joe Biden's economy that Trump inherited. But how worried should we be that you've got the Atlanta Federal Reserve now expecting a contraction in the first quarter, and as you cut government spending, you're going to actually impact the jobs numbers, you've the got jobs numbers out at the end of the week here for the month of February.