StmarysCity79
Well-Known Member
What a moron.
Bet he wenbt right to the golf course after he hit post.
Bet he wenbt right to the golf course after he hit post.
Panicking Trump blames Biden for Tariff's cratering the economy
- Thread starter StmarysCity79
- Start date
StmarysCity79
Well-Known Member
Thirty three days of losses. More than $6.5 trillion wiped from the value of public companies.
For financial markets, the 9 percent drop in the S&P 500 is on track for the worst start to a presidential term since Gerald R. Ford took over from Richard M. Nixon in August 1974 after the Watergate scandal. The slump is worse even than when the tech bubble burst at the turn of the century, and George W. Bush inherited a market already in free fall.
In
contrast, Mr. Trump inherited an economy on solid footing and a stock market rising from one record high to another.
That swiftly changed when Mr. Trump unveiled his marquee suite of tariffs on April 2 — not the first new import taxes announced by his administration, but by far the most sweeping. Volatility erupted. Wall Street frantically began to grapple with the economic consequences of the new government’s policies.
The S&P 500 tumbled more than 10 percent in two days, a drop comparable to some of the worst days of the pandemic-induced sell-off in March 2020 and, before that, the financial crisis in 2008.
www.nytimes.com
For financial markets, the 9 percent drop in the S&P 500 is on track for the worst start to a presidential term since Gerald R. Ford took over from Richard M. Nixon in August 1974 after the Watergate scandal. The slump is worse even than when the tech bubble burst at the turn of the century, and George W. Bush inherited a market already in free fall.
In
contrast, Mr. Trump inherited an economy on solid footing and a stock market rising from one record high to another.
That swiftly changed when Mr. Trump unveiled his marquee suite of tariffs on April 2 — not the first new import taxes announced by his administration, but by far the most sweeping. Volatility erupted. Wall Street frantically began to grapple with the economic consequences of the new government’s policies.
The S&P 500 tumbled more than 10 percent in two days, a drop comparable to some of the worst days of the pandemic-induced sell-off in March 2020 and, before that, the financial crisis in 2008.
Under Trump, Stocks Have the Worst Start to a Presidential Term Since 1974
During the first 100 days of the Trump administration, shock waves from the chaotic tariff rollout continue to send tremors through the global financial system.
StmarysCity79
Well-Known Member
OccamsRazor
Well-Known Member
SMC79:
Market goes down under Biden...
"The President doesn't have any real power and cannot effect the markets changing or the price of oil"
Market goes down under Trump...
"It's all Trump's fault. Look at what he did to the Stock Market!!!
Market goes down under Biden...
"The President doesn't have any real power and cannot effect the markets changing or the price of oil"
Market goes down under Trump...
"It's all Trump's fault. Look at what he did to the Stock Market!!!
It appears there’s just no possible cure for your TDS…you need to just hang yourself and be done with it.
StmarysCity79
Well-Known Member
SMC79:
Market goes down under Biden...
"The President doesn't have any real power and cannot effect the markets changing or the price of oil"
Market goes down under Trump...
"It's all Trump's fault. Look at what he did to the Stock Market!!!
Ok now show where Biden cratered the stock market by announcing tariffs.
Then you will have an apt comparison
Last edited:
Didn’t you hang yourself yet?
BOP
Well-Known Member
Again, show the post where I said Trump wasn't impeached... You're such a liar. Show the post ! Step up and own your lie. Lying liars telling lies aka Stmaryscity79.
OccamsRazor
Well-Known Member
Well... there ya' go
StmarysCity79
Well-Known Member
"Bracing the nation for a grim death toll, President Donald Trump on Sunday extended the voluntary national shutdown for a month, bowing to public health experts who told him the coronavirus pandemic could claim over 100,000 lives in the U.S., perhaps significantly more, if not enough is done to fight it."Well... there ya' go
Trump was the one in office when Covid started and shut down businesses dummy
StmarysCity79
Well-Known Member
CPUSA
Well-Known Member
At whose persistence???
Why do you keep failing at everything you vomit up?
And I have to agree with Kyle:
It really is the only choice you have left...