Summary
As the stock market plunged Monday due to Trump’s trade wars, he spent the day posting on Truth Social.
The Nasdaq fell 4%, its worst drop since 2022, while the S&P 500 lost nearly 3%. Major tech stocks, including Tesla, saw significant losses.
Trump posted over 100 times, endorsing his tariffs despite investor panic. A White House official dismissed the sell-off as irrational fear.
Commerce Secretary Howard Lutnick insisted a recession is unlikely. Trump avoided a clear recession prediction, calling the economy’s shift a “transition.”
Fuckin Carter
I’m beginning to think that Lincoln guy really fucked us badly. All he had to do was concede a little to the South, and all would be well. He didn’t have the cards.
Scholars have said Lincoln wasn’t nearly as good a president as Trump. The only other president that comes close was Washington.
(Literally a paraphrased Trump quote)
“Nobody’s done as much for the blacks.”