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 ...
Three bylines means three times the lies and projection.
“Republicans POUNCE!”
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.
ATTACK! ATTACK!
The Market is worried a Communist Moron is within reach of the White House. Damn right anybody with any sense would point that out.
Pretty smart wouldn’t you say?
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.
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
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?
Smart? It is so obvious that anybody not blinded by RAT propaganda can see it!
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)
Hahahah that was my first thought as well!
Yup. (1) NYT article with (2) multiple authors using (3) the very latest buzzwords - that’s a “Republicans Bounce” article. Drink!
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!
Seize...Attack...hahaha
“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.”
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.
"Harris Has Opportunity to Shine as Challenging Economy Tests her Resolve"
-PJ
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.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.