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Maybe you should try being honest too, because today WAS the largest point drop ever (by far), and we hit -17% in past few weeks, so you can sit there and pretend nothing is happening, but that is simply not honest. Its a big deal.
Nah dude, you said biggest drop ever in your post, you didn't call out point drop. Its a simple fact.
The current situation is caused by effectively a natural disaster. There's nothing that anyone could have done to prevent a virus in China causing supply shortages.
Our friends on the left have been paying for a recession they could blame on the president.... instead they got one that can't be blamed on him effectively. They got the pain they were praying for without the political benefit.
No, when the President incessantly takes credit for the great stock market performance, he opens himself for blame when the market does poorly. Sauce for the goose, and all that...
So is Trump still "absolutely the greatest" on the economy?
Sure. Can't blame him for coronavirus. In fact, it would have been worse under Biden since he would have let the planes continue in from China. He called Trump a xenophobe (liberals never resist a chance to play the race card) for shutting down flights.
This screams lack of confidence in leadership. I pray we can recover.
Lol no, it screams that there is a global pandemic that hit China especially hard already and it is causing every economy tied to China to feel some pain as a result. I can't imagine being foolish enough to think Trump caused the coronavirus.... but here we are I guess.
The penalty for supporting the Perot Reform Party in 1992 was election of Bill Clinton to the presidency with just 43% of the popular vote.
Bill Clinton, perhaps the most enthusiastic globalist of them all, gave us NAFTA and the 2000 China Trade Act.
Finally getting a non-globalist (relatively speaking) into office required that the Republican Party first face a hostile takeover from the latter incarnation of the Reform Party, the Tea Party movement.
Only when that had been accomplished would we able to control primary contests that had previously been nothing more than a pre-arranged contest between one party-approved corporate ***** and a second party-approved corporate *****.
Their policy positions were always indistinguishable: free trade, open borders/amnesty and low taxes/sweetheart contracts for the donor class.
Moreover, it's the same donor class doing business with both parties.
For someone to come on here to try to rub Republican voter's nose in **** because they were once forced to pick between Bush and McCain while the Democrat establishment is fixing the primary for Biden reeks of insincerity.
Maybe this will be the year that Democrat voters do what Republican voters have already done and take their party back from the donor class.
Again, NAFTA was created in the Reagan Admin. Bush 1 signed it subject to Congress. Voters rejected Perot.
Both Bush 1 and Clinton supported it. Most Republicans did too.
China’s status as one of the many Most Favored Nations was restored in the 70’s subject to annual approval.
Reagan, Bush 1 and Clinton all supported.
In the meantime, all of Trump Org’s retail products, clothing, jewelry, shoes, bags, furniture etc were mass produced in China, Bangladesh, Vietnam etc.
Here’s Trump in 2012 on Letterman hawking his shirts and ties. Trump defended making shirts in Bangladesh with “ they have to work, too”. He shrugged when confronted with the #1 tie in America being made in China.
No, when the President incessantly takes credit for the great stock market performance, he opens himself for blame when the market does poorly. Sauce for the goose, and all that...
If it were related to things he had done, sure.... but only a complete knuckle dragger would try to blame the president for a Chinese virus.
Even the tiniest shred of credibility would prevent hot takes like that.
Are you seriously blaming the president for a now global pandemic that has crushed the China economy leading to every country that does business with them feeling a bit of pain....or are you blaming the president for globalism being a thing?
I'm just curious which way you are taking this one.
The issue is the market does not have confidence in how the President handles this outbreak. So far the market is correct.
I think its great, more money in my pocket, gas is cheaper and now stocks will be too! Wheeeeee!
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