Trump Suddenly Doesnt Want Credit for Economy, Blames Media for Stock-Market Drop

Since he was elected in 2016, Donald Trump has tweeted more than 60 times about how great the stock market has performed under his leadership.

The world was gloomy before I wonthere was no hope, Trump tweeted a month before he was sworn in as president. Now the market is up nearly 10% and Christmas spending is over a trillion dollars!

If the Dems (Crooked Hillary) got elected, your stocks would be down 50% from values on Election Day, he tweeted a year later. Now they have a great future – and just beginning!

Yet for some reason, the president has been oddly quiet about the stock market on Twitter this week after the Dow Jones Industrial Average dove 1500 points on Monday before closing down 1100, wiping out all of those great early 2018 gains Trump eagerly continued to take credit for.

That changed Wednesday morning, when he finally found someone to pin to the economy besides himself. And it was perhaps his favorite target: the media.

In his first public comments about the global market rout, Trump wrote, In the old days, when good news was reported, the Stock Market would go up. Today, when good news is reported, the Stock Market goes down. Big mistake, and we have so much good (great) news about the economy!

During Trumps silence, officials from past administrations acknowledged the political peril of basking in the stock markets temporary glow.

Even though the stock market tripled under Bill Clinton, his view was that you should always focus your policies and your public messages on bread-and-butter kitchen table issues, economic adviser Gene Sperling to both Clinton and Obama told Reuters this week, and that focusing on the stock market would take your eye off the real economy.

President Obamas former White House Press Secretary Jay Carney put it more bluntly on Twitter:

According to Americas current businessman in chief, if the stock market goes up, he deserves all the credit. But when it goes down, the media must be reporting all that good (great) news about the economy wrong. He thinks he can claim the rise without owning the fall.

More From this publisher : HERE ; This post was curated using : TrendingTraffic


  • Start making huge money dealing in stock trading by following the brand new money making method
  • Stock alerts are sent daily and on weekends with an explanation of analysis
  • Invest like a billionaire the weekly unveiling of investment ideas.
  • Register to learn the fundamentals about stock trading with out free tutorials.
  • Discover Why the Nigerian Stock Exchange Should Be Your Next Playground
  • Learn how to day trade the futures market for consistent daily profits
  • Stock Picks, Candlesticks, Technical Analysis, Momentum and Swing Trading.
  • Trademiner the ultimate answer to stocks trading.A scientifically proven methodology.
  • Clickbank Ads

      Recommended Products

    • EmailFindr Agency 3 Team Members
    • Sells Like Hot Cakes Basic Membership TURNKEY AMAZON + SHOPIFY SYSTEM: The Ultimate Step-By-Step Crash Course to get you from ZERO to $47,812 per month: All the TOOLS you need + A Team of Professionals ready to Guide You All the way to SUCCESS
    • CinchTweet Smart Cash and Cloaker Integreates with JVZOO, Shopify, Covert Commisions, you can use it to cloak any link, posts your JVZOO, Shopify and Covert Commisions products automatically on Twitter.
    • Quotamator PLATINUM PRO Quotamator PLATINUM PRO - 40,000,000 (Million) Quotes PLUS 365 Days Automation For Rapid Customer-Getting To Profits, Hands-FREE!