Summary
Despite Trump’s 2024 warnings of a market crash under Biden, the S&P 500 is experiencing its worst start to a presidential term in modern history under him, dropping ~15% since Inauguration Day.
This plunge, largely attributed to Trump’s aggressive tariff policies announced post-election (“Liberation Day”), is pushing the market toward bear territory faster than any predecessor since 1957.
The Nasdaq is already in a bear market, and economists increasingly warn the tariffs could trigger a recession impacting widespread stock ownership.
I’d show conservatives statistical data proving beyond doubt that Republicans are historically bad for our economy, but all I’d get in return are blank stares and drooling. So what’s the point?
You can’t convince them to vote for a more logical candidate, but if we can make them feel defeated and dissuade them from voting, that’s good enough.
The time for dialogue is over. The party of ‘facts over feelings’ have proven to be incapable of proper reasoning.
They are all vibes, and accuse others of being the emotional ones.
It’s nothing but DARVO.
In this case, it’s so very stark, though. Donvict was handed maybe one of the best economies we’ve seen in a very long time, and he absolutely burned it down.
It was 100% him. And there is no one else to blame and no other cause.
And the Republicans LET HIM DO IT, too.
“You’re so stupid, do you only look at charts? There’s a lot more to it than data, Trump is making decisions you can’t even comprehend. You don’t understand the greater plan, you can’t always be nice to other countries, we can’t bail out Canada and Ukraine if we want to be great.” Probably that from the “smarter” ones, blank stares and drooling from most.
Vibes based political outcomes by people who only believe what they’re told