Trump Has Personally Reduced The Wealth Of US Investors By $9.6 TRILLION Since Inauguration Day

[mark46]

Trump has always told us how important the rising of the market was in evaluating his first term.

Well, up to a couple of days ago, Trump has led the way to a $4.6 Trillion loss in the stock market. Since announcing the tariffs, the Trump tariffs have cost investors $5 TRILLION more dollars.
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We will now see how much more this Trump unforced error will cost. This is already the biggest financial policy error in 95 years. And let's be clear, the very worst is the Trump new idea of tariffs based on the US trade deficits with individual countries. Obviously the 10% import tax will raise prices throughout the world and will help end the division between China and EU, and between China and Asian countries.
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The reconciliation is being debated. We will see if any Republicans will insist on the end to the reciprocal tariffs as the cost of supporting the bill.

 

[Fantine]

I guess his grade is F- then.

I'd give him an F minus minus minus.

 

[eclipsenow]

Isn't it over $10.4 trillion now? Just wait a few days - will it hit $2 trillion?

 

[Say it aint so]

This is reason 1A as why the idea of getting rid of Social Security by investor privatization is a bad idea.
All it takes is one moron in power who thinks he knows more than anyone else, and your savings are in peril.