The Legacy Media is Caught Blatantly Lying About Trump’s Impact on the Stock Market
The President continues to confound most of the left-wing radicals pretending to be journalists. Since Trump came down the escalator in 2015, the failing legacy press has lied about his statements on race, nonexistent connections to Russia, and many other parts of his administration as well. The corrupt liberal press thinks that their job is to turn the public against Trump, and the partisans in the failing legacy media constantly lie about Trump and the MAGA movement.
The attempts by the failing and corrupt legacy press reached a new low with constant attempts to suggest that Trump and his economic policies are bad for the stock market. Obviously, many Americans have 401ks and other retirement accounts tied to equities, and the country is worried about how stocks perform. When Trump initially announced his reciprocal tariffs to force countries such as China, which had been ripping the US off for decades, to negotiate with the United States, the market predictably sold off nearly 10 percent. This drop was from record highs and the market, not surprisingly, has already made up most of those losses over the last 2 weeks, but the media still tried to use this short-term fall to suggest that Trump and his policies are bad for markets and American retirement accounts.
This idea that Trump is bad for markets is a patently false claim that is absurd for even the failing legacy media to make. The stock market hit record highs not once, but twice under the President between 2016 and 2020. Trump’s tax cut was key to equities rallying, and when the President won in 2024, markets rallied again, pricing the likelihood that his successful tax cut would be extended. Trump has also made clear that he is committed to cutting regulations and pursuing pro-business policies on a range of issues. Harris and Biden were committed to raising taxes on businesses and individuals, the former Vice President also supported much more stringent regulations on key industries such as energy.
The economy was far stronger under Trump than when Biden or Obama was President, and predictably, the market performed better too. Michigan and Ohio both had record years economically when Trump was President, and the average middle-class family had nearly $5,000 more of take-home pay under the President than when Obama or Biden were in office. The inflation that occurred when the Biden administration was in power also crippled many middle and low-income families. When Trump was President in his first term prices rose at less than 3 percent a year, and inflation rates have already come down in his first 3 months in office as well.
What makes the failing legacy’s attempts to portray Trump as being bad for markets and the economy so absurd is that these same corrupt left-wing radicals pretending to be journalists gave the President zero credit when the market was booming. The old and failing press never attributed any of the market rallies that occurred when Trump was in power during his first term to his economic actions, even though the President’s tax cut was key to stimulating growth and building one of the strongest economies the US has seen in years. The double standard the left has for Trump is as obvious as this thinking is absurd. The reality is that markets will be volatile at times, but if Trump had not won in 2024 the market would have priced in the end to the President’s 2016 tax cut and equities should have been expected to plunge in that scenario.
