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Trump and His Allies Seize on Market Downturn to Attack Harris
The New York Times ^ | Aug. 5, 2024, 8:49 p.m. ET | Jim Tankersley, Jonathan Swan and Maggie Haberman

Posted on 08/06/2024 8:49:29 AM PDT by E. Pluribus Unum

Donald J. Trump didn’t wait for the opening bell before blaming Monday’s market sell-off on Vice President Kamala Harris.

“Stock markets are crashing, jobs numbers are terrible, we are heading to World War III, and we have two of the most incompetent ‘leaders’ in history,” the former president and Republican presidential nominee wrote in a post on Truth Social at 8:12 a.m. Eastern time. “This is not good.”

Mr. Trump did not mention that markets had suffered far greater single-day losses when he was president, or that economists blamed a variety of factors — including a disappointing July jobs report, a plunge in Japanese markets earlier in the day and a growing consensus among investors that the Federal Reserve has waited too long to start cutting interest rates — for Monday’s slide.

He also did not mention that earlier this year, he had claimed credit for a surge in stock prices, which he said reflected confidence he would be re-elected.

What Mr. Trump was engaged in was a calculated attempt at political marketing. By 9:45 a.m. on Monday, less than an hour after U.S. markets opened, Mr. Trump branded what would become a 3 percent decline for the day in the S&P 500 the “Kamala Crash.”

By lunchtime, it was official party messaging: The Republican National Committee hyped the “Great Kamala Crash of 2024,” and the Trump campaign had produced and circulated on social media a video tying the vice president to Monday’s dip in the markets. By the afternoon, the Trump forces had turned “KamalaCrash” into a “trending” subject on X.

(Excerpt) Read more at nytimes.com ...


TOPICS: Humor
KEYWORDS: haggiemaberman; jimtankersley; jonathanswan; maggiehaberman
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Corporate gaslight press article presented under topic "humor" to grant it the respect it deserves.

Three bylines means three times the lies and projection.

1 posted on 08/06/2024 8:49:29 AM PDT by E. Pluribus Unum
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To: E. Pluribus Unum

“Republicans POUNCE!”


2 posted on 08/06/2024 8:50:54 AM PDT by vikingd00d (chown -R us ~you/base)
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To: E. Pluribus Unum
The Kamala Crash.

And despite a few criticizing you and others for posting these articles, I appreciate you doing so. We need to get and stay out of our echo chamber, and read a variety of views. It is good for discussion.

3 posted on 08/06/2024 8:51:36 AM PDT by Reno89519 (Biden's Given His Farewell Address, So When Is He Leaving?)
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To: vikingd00d

ATTACK! ATTACK!


4 posted on 08/06/2024 8:53:08 AM PDT by TribalPrincess2U (Bye done!)
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To: E. Pluribus Unum

The Market is worried a Communist Moron is within reach of the White House. Damn right anybody with any sense would point that out.

5 posted on 08/06/2024 8:55:53 AM PDT by Nateman (Democrats did not strive for fraud friendly voting merely to continue honest elections.)
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To: Nateman

Pretty smart wouldn’t you say?


6 posted on 08/06/2024 8:56:47 AM PDT by DIRTYSECRET
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To: Reno89519

Full of it.

And Kamala does share the real blame with Joe Biden and her democrat globalist policies for the ruined economy.

I don’t criticize EPU because he doesn’t try to pretend by condemning with feint praise.


7 posted on 08/06/2024 9:03:02 AM PDT by dforest
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To: E. Pluribus Unum

I just love this stuff.

These pavlovian dogs with word processors are so predictable.

If it was a republican adminstration, the downturn would be a catastrphic reflection of the current leadership.

Since it’s a democrat in the oval office, then the republicans are somehow at fault for doing what the MSM would have done if the tables were turned.

‘Stop pointing out the negative’, wags the finger of the NYT during a democrat regime


8 posted on 08/06/2024 9:04:07 AM PDT by z3n (Kakistocracy)
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To: TribalPrincess2U

Well, there could be the “which is it?” attack as well. Sorta like indian or black? Perfectly valid question. Approach the “womens right” and government NOT telling you what to do with your body. REF: CONvid vax/boosters and masks were the order of the day. So “which is it?” Govt tells you what to do with your body or does it NOT tell you? Response would be “You want people to die!”

Do they ever look at what they read?


9 posted on 08/06/2024 9:06:23 AM PDT by rktman (Destroy America from within? Check! WTH? Enlisted USN 1967 to end up with this💩? 🚫💉! 🇮🇱👍!)
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To: DIRTYSECRET

Smart? It is so obvious that anybody not blinded by RAT propaganda can see it!


10 posted on 08/06/2024 9:09:50 AM PDT by Nateman (Democrats did not strive for fraud friendly voting merely to continue honest elections.)
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To: E. Pluribus Unum

Trump built up the USA economy
Harris/Biden tear it down
(because the D party agenda is to put as many Americans off work and onto welfare as possible)


11 posted on 08/06/2024 9:11:13 AM PDT by faithhopecharity ("Politicians aren't born, they're excreted." Marcus Tullius Cicero (106 to 43 BCE))
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To: vikingd00d

Hahahah that was my first thought as well!


12 posted on 08/06/2024 9:16:51 AM PDT by rlmorel (J.D. Vance and The Legend of The MaMaw of The 19 Loaded Guns!)
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To: vikingd00d

Yup. (1) NYT article with (2) multiple authors using (3) the very latest buzzwords - that’s a “Republicans Bounce” article. Drink!


13 posted on 08/06/2024 9:18:38 AM PDT by Billthedrill
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To: E. Pluribus Unum

You have a Communist Moron , now essentially in power, a rigged voting system, and a propaganda machine fed by the looters of Trillions of dollars . A corrupt machine willing to murder any opposition! You would have to crazy to invest in the system now!


14 posted on 08/06/2024 9:24:58 AM PDT by Nateman (Democrats did not strive for fraud friendly voting merely to continue honest elections.)
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To: E. Pluribus Unum

Seize...Attack...hahaha


15 posted on 08/06/2024 9:25:44 AM PDT by Vision (Woke is communism and it has no place in America. Election Reform Now! Obama is an evildoer.)
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To: E. Pluribus Unum

“Republicans Pounce”

Now, as we know, reverse the party affiliation, all other things being equal, the NYT headline would have been “Harris on defensive due to signs of economic downturn.” or “Troubling signs for Harris as market tumbles.”


16 posted on 08/06/2024 9:26:17 AM PDT by Republican Wildcat
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To: dforest

I post that disclaimer because there are people around here who attack you when you post articles from the enemedia.

I think it’s essential to know what the enemedia is saying and what it is up to in order to stop them.

Them main thing Rush Limbaugh covered were enemedia articles because he knew that.


17 posted on 08/06/2024 9:29:27 AM PDT by E. Pluribus Unum (The worst thing about censorship is █████ ██ ████ ████ ████ █ ███████ ████. FJB.)
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To: Republican Wildcat
Or...

"Harris Has Opportunity to Shine as Challenging Economy Tests her Resolve"

-PJ

18 posted on 08/06/2024 9:29:32 AM PDT by Political Junkie Too ( * LAAP = Left-wing Activist Agitprop Press (formerly known as the MSM))
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To: E. Pluribus Unum
The stock market goes up and down. It may be more pronounced now because you have a lot of inexperienced online traders panicking when it drops and going all in when it rises, but that's just how it works.

Blaming Biden and Harris for a 3 day drop only opens the door for allowing them to take credit if it's up on Election Day.

19 posted on 08/06/2024 9:37:55 AM PDT by TwelveOfTwenty (Will whoever keeps asking if this country can get any more insane please stop?)
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To: TwelveOfTwenty
Blaming Biden and Harris for a 3 day drop only opens the door for allowing them to take credit if it's up on Election Day.

I blame Warren Buffett who is sitting on hundreds of billions of dollars of cash and triggered the crash with his massive sale of Apple stock.

Now he can move that cash to bargain-basement stocks.

20 posted on 08/06/2024 9:43:04 AM PDT by E. Pluribus Unum (The worst thing about censorship is █████ ██ ████ ████ ████ █ ███████ ████. FJB.)
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