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The reality: The stock market is largely out of a President’s control, but Trump’s done more than anyone to take credit for it

The reality: The stock market is largely out of a President’s control, but Trump’s done more than anyone to take credit for it | CONSERVATIVES: THIS WAS ALL TRUMP! SUCK IT LIBS! ALSO CONSERVATIVES: WHY ARE YOU BLAMING TRUMP? STOP IT, LIBS! | image tagged in stonks not stonks,president trump,not stonks,stock crash,stock market,conservative hypocrisy | made w/ Imgflip meme maker
Stonks not stonks memeCaption this Meme
8 Comments
4 ups, 5y,
1 reply
Correction: Whenever the POTUS said anything public, the stock market will react to it. For example, the stock market spiked sitting Trumps speech. However, the stocks are going down because a) Corona Virus and b) a conflict of Middle East oil between the Russians and Saudis.
2 ups, 5y,
1 reply
Ali Knockout | KYLIEFAN IS DOWN | image tagged in ali knockout | made w/ Imgflip meme maker
0 ups, 5y,
1 reply
Lol conservatives are correct that the market “reacted” to Trump’s televised address alright | MARCH 11: TRUMP GIVES TELEVISED ADDRESS TO THE NATION MARCH 12: DOW TANKS 9.99% | image tagged in donald trump,not stonks,president trump,stock crash,stock market,coronavirus | made w/ Imgflip meme maker
https://www.google.com/amp/s/www.washingtonpost.com/politics/trump-coronavirus-teleprompter-speech/2020/03/12/81bc8a3a-647a-11ea-acca-80c22bbee96f_story.html%3foutputType=amp

LOL Awesome_Jedi is right that the market “reacted” all right
[deleted]
0 ups, 5y,
1 reply
0 ups, 5y
Confused stonks! The market reacted well to vigorous “big government” on Friday, though | MARCH 12: BIGGEST MARKET DROP SINCE 1987 MARCH 13: LARGEST RALLY EVER. (MARKET STILL DOWN SLIGHTLY FROM MARCH 11) | image tagged in guess ill die,confused stonks,big government,congress,covid-19,coronavirus | made w/ Imgflip meme maker
What changed?

https://www.google.com/amp/s/www.ccn.com/the-dow-is-soaring-heres-why-the-stock-market-is-cheering-trump/

Here’s what happened on Friday: An Emergency Presidential declaration freeing up $42 billion for coronavirus efforts; and signs of aggressive bipartisan fiscal action (passed early Saturday morning).

What we saw was the market reacting bullishly to “big government.” An about-face from Trump’s previous approaches.

Interestingly, the coronavirus fiscal relief package was unanimously endorsed by House Democrats but voted down by 40 House Republicans shouting about the “massive expansion of government.”

Indeed, the Congressional bill contains a heaping dose of what you might describe as “burdensome, nannying Leftist regulation” such as paid sick leave, unemployment insurance, and additional money for food stamps (the horror!)

https://www.google.com/amp/s/www.vox.com/platform/amp/2020/3/13/21178124/democrats-coronavirus-package-deal-white-house-pelosi

I wonder: If you were in Congress, would you have voted yay or nay?

And yes, I am aware of the Saudi/Russian oil conflict (whose biggest loser is ironically the U.S. domestic oil industry)

Yet as Trump tweeted himself on March 9: the oil war is “Good for the consumer, gasoline prices coming down!”

https://www.google.com/amp/s/www.vox.com/platform/amp/2020/3/9/21171406/coronavirus-saudi-arabia-russia-oil-war-explained
1 up, 5y,
1 reply
Inverse error.

My care is running, therefore it has gas.
Doesn't make the following true.
My car stopped running therefore it is out of gas.
[deleted]
0 ups, 5y,
1 reply
0 ups, 5y
Youe can keep the extra "e". :P
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CONSERVATIVES: THIS WAS ALL TRUMP! SUCK IT LIBS! ALSO CONSERVATIVES: WHY ARE YOU BLAMING TRUMP? STOP IT, LIBS!