Trump Claims Credit For Record Stock Market Using Bogus Reasoning
And you’ll by no means imagine this, however his logic borders on the ridiculous.
On Friday, U.S. shares hit a file excessive for 5 straight days and cinched a twelfth successful week out of the previous 13 ― excellent news for the financial system, and presumably for President Joe Biden.
But Trump didn’t see it that approach, insisting by way of his Truth Social platform that he’s the actual architect of the restoration, due to causes.
“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 submit 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, however you knew that.)
With slightly greater than 9 months to go earlier than the election, polls at present present Trump main Biden by 4.3%. Still, many customers of X, previously often known as Twitter, have been fast to name out Trump for taking credit score for one thing he didn’t do.
Biden’s personal reelection marketing campaign obtained in on the mockery:
Others chimed in as properly.