LC’s Commentary

Listen To The Voice of Reason

Giving credit where credit is due

America was warned about the eventual Meltdown of the Stock Market during the rein of the Trump administration.  Of course, Trump and his supporters said nothing was further from the truth. Well here we are. Trump is not totally to blame for the meltdown. However he is responsible for creating false and unsustainable Stock Market numbers. Remember how he pressured Chairman Powell causing him to make unnecessary maneuvers and adjustments in the Federal Reserve?
Trumpsters, you gave Trump credit for the increase in the Stock Market. I agree, he should be given credit. Now, if he has that kind of control of the Stock Market, then it stands to reason that he be given the same consideration when the market is in decline. Please do not exonerate him from the decline of the Stock Market. If you give him credit for the sunshine, then give him credit for the thunderstorm. I watched as he gave indirect hints to his Wall Street buddies to buy or sell stock. He indicated he had made a great Trade deal with China. This was untrue, but it caused a surge in the Stock market. I am waiting for him to say something that will stabilize the market. This situation is exactly what many voters were afraid of. They knew he was ill-prepared to deal with issues of this sort. Didn’t many people say that there would be a meltdown of the Market? Well, here it is. He is ill-prepared, and is not surrounded with people who can guide him and America through some very troubling and uncertain times. Of course, Trump will do as he always do, deny any responsibility for the downward spiral of the Stock Market. Just wait, he will take credit as soon as the market heads in a different direction. More troubling is that his rabid supporters are unwilling to hold him responsible for the direction the Stock Market is currently headed, despite lauding over him, and suggesting his decisions were driving the market when it was posting daily record highs. Folks, stop being selective, when it comes to holding Trump responsible. Remember, he said he could do anything he wants to do as President. AG Barr and his Republican enablers agrees with him. I am sure he wants the market to head in a different direction. So Master Trump, speak the word! Say the magic words that will get you and your supporters that which they are breathlessly waiting for.

February 28, 2020 - Posted by | Conservative Propaganda machine, Conservative Talk Radio, Donald Trump, Economic Empowerment, Failed economic poicy, Glenn Beck, Hannity & Boortz, Health Issues, Limbaugh, Politics, Stock Market meltdown, Taxpayer bailouts, Trickle up economics, Trump, Uncategorized, wealth redistribution

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