Day 662: Trump is falsely blaming a turbulent stock market on Democrats instead of his tax bill

TrumpTimer
2 min readNov 13, 2018

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Donald Trump has no idea how the stock market works. Over his career, he’s preferred putting money in real estate over the market, showing a general lack of trust and understanding in how markets operate.

Now, in office, he has proclaimed every 300-point bounce is a result of his policies while he has ignored every corresponding swoon. So despite the S&P 500 running virtually flat in 2018, Trump likes to tout good days while laughably pretending the bad don’t happen.

Until now.

With markets taking a two-point dive Monday, Trump tipped his hand on a permanent foil every time the market falters.

Trump is blaming the prospect of Democrats investigating his many scandals for a dip in stock prices. This despite the Dow, NASDAQ and S&P all jumping in the days after Election Day when the Democrats seized control of the House of Representatives from Republicans.

Trump isn’t blaming the Federal Reserve raising interest rates to pay for his tax cuts. He’s not blaming larger economic factors. He’s not even blaming normal ebbs and flows out of his control.

No, he’s recklessly blaming Democrats despite the lack of any evidence as to their culpability.

Whether it’s the stock market, legislative gridlock or other goings-on over the next two years, blaming Democrats will be Trump’s primary M.O.

Meanwhile, he was busy tweeting about the stock market and other nonsense rather than making a trip to Arlington National Cemetery to honor fallen heroes because it was raining, the same reason he skipped a similar event in Paris on Saturday.

662 days in, 800 to go

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TrumpTimer
TrumpTimer

Written by TrumpTimer

TrumpTimer watches, tracks and reports about Donald Trump and his administration’s policies every day. TrumpTimer is also counting down until January 20, 2021.

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