Summary

Trump previously touted the stock market as proof of his success, but he’s now downplaying the stock market as markets tumble due his tariffs imposed on Canada, Mexico, and China.

The S&P 500 has lost all gains since Trump’s election.

Critics warn tariffs risk recession and manufacturing setbacks, but Trump insists on a temporary “period of transition,” claiming tariffs will eventually “make our country rich again.”

The White House insists Trump’s economic policies will succeed long-term, despite warnings from investors and economists of significant economic disruptions ahead.

  • @[email protected]
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    31 day ago

    Clinton cleaned up Reagan/Bush and Obama cleaned up Bush Jr. and Biden cleaned up Trump…

    starting to notice a pattern??

    • @snekerpimp
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      81 day ago

      And the orange dictator has said many, many times that once he is in office we will never have to vote again. Past precedence or decorum is out the window with this administration, he is consolidating power to the executive branch and getting away with it. If we have midterms, I will be genuinely surprised.

      • @[email protected]
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        71 day ago

        Something I said a million times before Election Day 2024. You might not like Harris, but you’ll be able to vote her out in 2028…

    • @NimdaQA
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      21 day ago

      Clinton repealed Reagan’s tax cuts and the budget for the first time in memory showed a surplus.

      Perhaps Trump can learn from him, oh wait he is more interested in throwing money at the rich.

      • @[email protected]
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        122 hours ago

        The Federal Debt was almost paid when George Bush Jr. took office. The first thing he did was mail out tax refunds because “reasons.”

        Two wars at once wasn’t enough to get him to raise taxes.