Politics - News Analysis
Trump Just Humiliated Himself With Bitter, Angry Screaming Post on Truth Social That Has Everyone Laughing
Guess who he thinks is responsible for the good news.
Donald Trump took to his favorite social media platform — his own, Truth Social — to float a ridiculous theory about the stock market. The Dow Jones passed 38,000 for the first time in history last week, and he wants credit for it.
Of course, he hasn’t been president for three years, but don’t confuse him with logic.
President Biden has plenty to brag about after the effects of COVID-19 led America into a recession. Inflation was out of control, unemployment was rising, and things just generally weren’t good.
All that has turned around.
Far be it from Trump to follow reason in this case, however. Despite the fact that Trump inherited a tremendous economy and drove it into the ground by ignoring the pandemic, imposing tariffs on everything, and wasting money left and right, and “Bidenomics” turned it around, Trump still thinks he’s the winner here.
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Mind you, he’s not even claiming that economic policies he had in place before Biden are at play here. He actually thinks that investors are more confident because they think he’s going to be president again:
“THIS IS THE TRUMP STOCK MARKET BECAUSE MY POLLS AGAINST BIDEN ARE SO GOOD THAT INVESTORS ARE PROJECTING THAT I WILL WIN, AND THAT WILL DRIVE THE MARKET UP — EVERYTHING ELSE IS TERRIBLE (WATCH THE MIDDLE EAST!), AND RECORD SETTING INFLATION HAS ALREADY TAKEN ITS TOLL. MAKE AMERICA GREAT AGAIN!!!”
This entire attitude flies in the face of the historical record. By the time Trump’s economic policies had time to take effect, we were well into his presidency. As we noted, the booming economy and record-setting consecutive months of job growth were all the product of the previous administration.
But just as he wasted more than $140 million paying himself to golf at his own resorts the entire time he occupied the White House, Trump threw money at pet projects like it was burning a hole in his pocket.
Just before the 2016 election, around 800 economists penned a warning letter about electing Trump, ominously pointing out his “deep ignorance of economics and an inability to listen to credible experts.”
Cut to four years later, and there was another letter from 700 economists calling him out for his “selfish and reckless behavior.”
Trump can try and take credit all he wants. But everyone knows the truth. And Biden had a little fun with it as well:
Left: Trump in 2020 claiming the stock market will collapse if President Biden wins
Right: Trump today desperately trying to take credit for the stock market hitting record highs under President Biden pic.twitter.com/LERIoDDh0L
— Biden-Harris HQ (@BidenHQ) January 29, 2024
Others had opinions as well:
Now THIS is gaslighting. Trump takes credit for the record high stock market because his polls “are so good”. He thinks the voters are idiots. pic.twitter.com/JH1taHg9AQ
— Mike Sington (@MikeSington) January 29, 2024
So Trump's admitting it: the stock market and economy under Biden is booming. https://t.co/tfsFToCGe5
— The Lincoln Project (@ProjectLincoln) January 29, 2024
If you were too dumb to believe Trump when he said before the 2020 election that If Biden wins, the stock market will crash, you'll probably believe this BS claim as well. pic.twitter.com/Fi6dp3F6Hy
— Republicans against Trump (@RpsAgainstTrump) January 29, 2024
Trump Literally just took credit for the record high stock market 3 years after he left office and 10 months before the next election.
How the heck do people actually buy this crap?
He literally had been blaming Biden for a sluggish stock market the last 3 years, and now when… pic.twitter.com/wO4u53H0D6
— Brian Krassenstein (@krassenstein) January 29, 2024
🙄
What a bunch of garbage.
Stock market is doing great because of Biden economic recovery.
I hope Trump keeps talking about the market because everyone knows it is doing well because the economy is recovering.
Nobody is going to buy this Trump BS. 🙄 pic.twitter.com/5FjdXhRvX4— Gary 🏳️🌈🌊 (@GayresisterGary) January 29, 2024
Just a few weeks ago, Trump said he hoped the stock market crashed under Biden. Now here he is saying that the stock market is only doing great because of him. This guy is crazy! pic.twitter.com/7KH1AXsvDc
— Alex Cole (@acnewsitics) January 29, 2024
Trump is so delusional he's saying the stock market is doing great because investors believe he's going to win lol. What kind of Adderall/crack is he smoking? pic.twitter.com/rIpPgui6sZ
— Dave Ryder 🌊💙🌎❄🏳️🌈 (@daveryder) January 29, 2024
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