Posted on 02/06/2018 4:32:51 AM PST by governsleastgovernsbest
The liberal media are rushing to see whether President Trump will accept blame for the stock drop in the same way he took credit for its rise.
But CNN came up with a new twist on the blame-Trump game this morning, suggesting that the Trump taxs cuts are the culprit.
Alisyn Camerota teed it up, suggesting, in respect of the stock drop, that the cuts were “at work here.” John Avlon was only too happy to run with the ball, saying it was indeed possible that:
“those tax cuts created the conditions for this [stock drop.]”
Get the rest of the story and view the video here.
(Excerpt) Read more at finkelblogger.com ...
CNN blames the stock drop on Trump tax cuts.
Keep taxes high and choke off growth. Yeah, that’s the ticket!
Ping to Liberal Media Criticism list.
Markets go up and down and correct when they are too high or too low.
I thought it was “still Obama’s economy”?
Trump has nothing to do with it...
That’s what they have told us for the last 2 months..
What a bunch of BS these people are laying out.
Trump's biggest victory — tax cuts — could lead to the demise of his beloved bull market
Joe Dallas: “Markets go up and down and correct when they are too high or too low.”
Exactly right, and believe me, this market was too high. The valuations for some of these stocks are (were?) downright crazy.
It's a market correction. It's only surprising that we haven't seen one since Trump has been President.
My bet is on george soros and his cronies causing the market to drop.
A total ignoramus. Anyone with a slight understanding of the stock market knows that the possibility of Fed moves, and the reality of Fed moves, is probably the most frequent driver of the market. And that was given as the reason by most outlets.
The strong economy and increasing wages raised fears of inflation and a faster increase in interest rates as a result of Fed decisions to combat inflation.
And this market has been increasing at a rate since Trump’s win that can’t go on forever.
So does he get the credit for the 35% increase?
...but those tax cuts were a give away to the rich...Now the tax cuts are a slaughter to the rich? Just report the news you fools
Next up: it’s Trump’s fault we are a sucky news organization.
What the heck are they inhaling?
Great point.
Liberal media’s operative principle: whatever happens, blame Trump.
One day (or even two day) drop is now ‘the end of the bull market’.
Yep, those fools watching CNN deserve to get their financial tips from the King of the Fake News ......
I think at this point our side should just ignore what anyone says, put the blinders on, and finish off the swamp to the extent that it can be done.
While this correction was long overdue, falling this precipitously is the result of a coordinated effort by those who stand to lose by a successful Trump presidency, namely, the anti American globalists.
Three days ago, the booming economy was the Obama economy. Yesterday, the computer-driven stock crash was Trump’s fault. CNN is pathetic.
Owners of a company like Caterpillar should be buying back Caterpillar stock with both hands this morning. These are bargains that won’t be available next month.
The stock drop is the fault of the Federal Reserve which is draining billions of dollars from the financial system and raising interest rates.
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