Trump Claims Credit For Record Stock Market Using Bogus Reasoning
Former President Donald Trump is attempting to take credit for a healthy stock market despite having been out of office for a full three years now.
And you’ll never believe this, but his logic borders on the ridiculous.
On Friday, U.S. stocks hit a record high for five straight days and cinched a 12th winning week out of the past 13 ― good news for the economy, and presumably for President Joe Biden.
But Trump didn’t see it that way, insisting via his Truth Social platform that he’s the real architect of the recovery, because of reasons.
“This is the Trump stock market because my polls against Biden are so good that investors are projecting that I will win, and that will drive the market up,” Trump wrote in a post on Monday. “Everything else is terrible (watch the Middle East!), and record setting inflation has already taken its toll. Make America Great Again!!!” (Actually, he wrote this in all caps, but you knew that.)
Donald Trump, who has not been president for three years now, took credit for a healthy stock market on Monday.
With a little more than nine months to go before the election, polls currently show Trump leading Biden by 4.3%. Still, many users of X, formerly known as Twitter, were quick to call out Trump for taking credit for something he didn’t do.
Biden’s own reelection campaign got in on the mockery:
Left: Trump in 2020 claiming the stock market will collapse if President Biden wins
Right: Trump today desperately trying to take credit for the stock market hitting record highs under President Biden pic.twitter.com/LERIoDDh0L— Biden-Harris HQ (@BidenHQ) January 29, 2024
Others chimed in as well.
Now THIS is gaslighting. Trump takes credit for the record high stock market because his polls “are so good”. He thinks the voters are idiots. pic.twitter.com/JH1taHg9AQ
— Mike Sington (@MikeSington) January 29, 2024
This is preposterous even for him. You really have to be a moron to believe the ridiculous things this clown says. pic.twitter.com/x1oXWFETv1
— Ron Filipkowski (@RonFilipkowski) January 29, 2024
Just a few weeks ago, Trump said he hoped the stock market crashed under Biden. Now here he is saying that the stock market is only doing great because of him. This guy is crazy! pic.twitter.com/7KH1AXsvDc
— Alex Cole (@acnewsitics) January 29, 2024
MAGA will totally believe this nonsense. Because it’s a f’ng cult. https://t.co/gWlqHlmQDB
— Jo (@JoJoFromJerz) January 29, 2024
Textbook narcissistic personality disorder. Absolutely everything is always about him. https://t.co/WZ5a0i07Qf
— Paul N. Edwards @avastmachine.bsky.social (@AVastMachine) January 29, 2024