Dave Portnoy reacts to Signal chat scandal

Dave Portnoy/X

Barstool Sports founder Dave Portnoy didn’t purchase President Donald Trump’s declare that Wednesday’s poor financial report was once due to the previous administration.

After Trump’s second term hit the a hundred-day mark, it was mentioned Wednesday that the U.S. financial system had shrunk for the primary time considering that 2022. In the first quarter of 2025 — most of which befell beneath Trump’s presidency — gross domestic product dropped zero.3%.

In line with the information, Trump took to Fact Social in charge the file on the supposed lasting effects of President Joe Biden and demand that his tariff plan will remedy it. He mentioned:

That is Biden’s Inventory Market, not Trump’s. I didn’t take over unless January twentieth. Tariffs will quickly start kicking in, and companies are starting to move into the USA in report numbers. Our Us of a will increase, but we’ve got to get rid of the Biden “Overhang.” This may increasingly take a little time, has NOTHING TO DO WITH TARIFFS, handiest that he left us with unhealthy numbers, however when the boom begins, it’s going to be like no different. BE PATIENT!!!

Later that morning, Portnoy posted a screenshot of the publish on X/Twitter to ward off on Trump’s excuse.

“What’s that outdated expression? Don’t piss down my again and inform me it’s raining? Well that applies right here,” Portnoy mentioned. “The inventory market is an immediate reflection of Trump’s 1st a hundred days in place of business. Doesn’t mean it won’t get better and that we don’t wish to be sufferer, but that is his market no longer Biden’s.”

What’s that old expression? Don’t piss down my back and inform me it’s raining? Smartly that applies right here. The stock market is a direct reflection of Trumps 1st a hundred days in administrative center. Doesn’t mean it gained’t get better and that we don’t want to be patient, but that is his market no longer Bidens p.c.twitter.com/GVDCyL8NKH

— Dave Portnoy (@stoolpresidente) April 30, 2025

Even if Portnoy voted for Trump, he hasn’t shied faraway from criticizing the administration. The Barstool founder repeatedly raged on the tariff-fueled stock market crash after losing tens of millions and has additionally insisted he’s now not “some crazy MAGA man.”

The put up Dave Portnoy Shoots Down Trump Claim that Inventory Market Fall Is Biden’s Fault: ‘Direct Reflection of Trump’s 1st 100 Days’ first appeared on Mediaite.