Quantcast
Connect with us

Trump blasted as ‘pathological liar’ for claiming stock market is ‘starting to look very good’ after 1,000 point crash

Published

on

The COVID-19 coronavirus epidemic spreading across the world has present challenges for President Donald Trump.

In addition to the public health challenge facing the administration, Trump’s 2020 reelection campaign is also faced with an economic crisis as the virus disrupts global supply chains.

“Investors around the world retreated from stocks and piled into haven assets including government bonds and gold, reflecting escalating worries that the coronavirus will disrupt the global economy,” The Wall Street Journal reported Monday. “The Dow Jones Industrial Average dropped more than 1,000 points—its biggest point decline in more than two years; the yield on the benchmark 10-year Treasury note approached a record low; and gold prices climbed for the eighth straight session to a seven-year high.”

ADVERTISEMENT

Trump, however, attempted to reassure Americans by claiming that “the coronavirus is very much under control in the USA.”

“Stock market starting to look very good to me,” Trump added, despite the stock market crash.

The president was harshly criticized for his statement. Here’s some of what people were saying.

https://twitter.com/lesleyabravanel/status/1232061110557302789

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT


Report typos and corrections to: [email protected].
READ COMMENTS - JOIN THE DISCUSSION
Continue Reading

2020 Election

Trump gambling his presidency on a voting group that may no longer exist

Published

on

President Donald Trump is betting that his law-and-order scare tactics will energize white suburban voters -- but that demographic may no longer exist as it once did.

The president remains popular in rural areas, and he won over suburban voters by 4 percent in 2016, and Trump and his Republican allies are betting he can turn out non-college educated whites who may be disgusted by police violence but don't support protests, reported Politico.

“There’s a lot of concern about the way the Minneapolis police acted,” said former Rep. Tom Davis, a seven-term Republican from the northern Virginia suburbs. “But whenever you start looting — and now the stuff’s spread out to Leesburg, it’s in Manassas … the politics takes a different turn.”

Continue Reading

2020 Election

‘One racist down. Hundreds in office to go’: Applause as Steve King is ousted in Iowa primary

Published

on

"Goodbye, Rep. Steve King. You are certainly not the only white supremacist in federal government, but you were among the most prominent," tweeted Rep. Alexandria Ocasio-Cortez.

While acknowledging that the important work of ridding Congress of racist lawmakers is far from finished, progressives celebrated the ouster of white supremacist Rep. Steve King in Iowa's Republican primary Tuesday as a significant victory and a step in the right direction.

Continue Reading
 

2020 Election

Amid pandemic, White House race becomes digital dogfight

Published

on

The 2020 US presidential race is becoming a digital-first campaign as the coronavirus pandemic cuts candidates off from traditional organizing and in-person events.

On the surface, President Donald Trump has the edge over Democrat Joe Biden because of the incumbent's extensive digital infrastructure and large social media following.

But Biden has been stepping up his digital presence and is getting a boost from a handful of outside organizations seeking to counter Trump's messaging on social platforms.

Both sides agree that digital will play a critical role in the 2020 White House race as social media have taken the place of rallies and door-to-door campaigning.

Continue Reading
 
 
You need honest news coverage. Help us deliver it. Join Raw Story Investigates for $1. Go ad-free.
close-image