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It's probably not even Biden, even though he is a presidential disaster.
The collapse is world wide and is caused by the perfect storm of (1) baby boomers retiring in droves, (2) "clean earth" zealots who destroyed cheap energy, (3) the Ukraine War, (4) the pandemic, and (5) a population decline which surpasses all forecasts.
Biden is a loser as a POTUS, but, we cant panic, everything will go back up again, as long as you don't need your money now, it will go back up.
since the Biden administration, not one good thing has come out of it, Biden and that idiot VP don't wanna take the blame for anything.
2 complete bumbling fools we have at the wheel.
Pelosi, Schummer, AOC all rejects, freaking rejects, but, like many have stated at least we don't get our feelings hurt with mean tweets.
Remember from 2016 until the 100 year pandemic, the Democrats actually had to MAKE UP PROBLEMS because there really weren't many.
No wars, great economy, tax breaks, record employment, illegal migration decreasing, low gas prices, low inflation, America being energy independent, finally holding China to the fire on trade, etc. etc. etc.
All we heard was "investigations" of Trump and his opposition's emotional issues with him. Those were the only "problems."
Now, we have dozens of ACTUAL PROBLEMS. No more mean tweets though! And Biden is "nice!"
Yeahhh!
And what is the left doing? STILL TALKING ABOUT THEIR EMOTIONAL ISSUES WITH HIM! During all the problems, they're re-litigating 2020!
Well, it finally happened. ALL gains on the Dow Jones Index have been wiped out since Joe Biden was inaugurated and we're now into the red for his term, as of the opening bell today.
By comparison, on this same day in Trump's presidency, the Dow was up 26.5% from his inauguration day, and that's not even counting the period of time from his election where the Dow also ran up massively in anticipation of having a business friendly president coming in.
It took 18 months, but Mr. Potatohead and the Democrats have finally snuffed out all that massive momentum built out of the tremendous economies of the Trump years.
But hey! "THe StoCk mARkeT iSN't tHe EcoNOmY!"
Also! "No mean tweets!"
The gains will magically be back by mid October as well as lower gas prices…. and CNN will tout it endlessly. This is a rerun
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