At the exact moment when President Donald Trump was bragging about the economic boon from his tax reforms, the stock market experienced an historic crash — and according to one former White House economic adviser, that wasn’t coincidental.
“The stock market just noticed that an unstable lunatic is president of the United States,” Bruce Bartlett, a Treasury Department official under President George H.W. Bush and an economic adviser to President Ronald Reagan tweeted.
The stock market just noticed that an unstable lunatic is president of the United States.
— Bruce Bartlett (@BruceBartlett) February 5, 2018
MSNBC’s Joy Reid noted Bartlett’s resume soon after he made the quip on Twitter.
From one of Ronald Reagan’s economic advisers, who was also a treasury official during the administration of George H.W. Bush… https://t.co/zKPvSWzxM3ADVERTISEMENT
— Joy Reid (@JoyAnnReid) February 5, 2018
The simultaneity of the president’s speech and the stock market drop wasn’t missed on programmers at Fox News, who made the unusual move of cutting from Trump’s Ohio speech to focus on the largest single-day stock point drop in history.