No. of Recommendations: 9
What Trump said would happen...
"If Biden is elected, the stock market will crash. The policies of the left would unleash an economic disaster of epic proportions,
they will destroy our country. We will go into depression." -DJ Trump
What actually happened...
Record-Breaking Performance: The DJIA reached a new record high on Monday, September 16, 2024. This marks the 27th record close for the Dow this year.
Several factors have contributed to the Dow's recent surge:
Growing optimism about potential interest rate cuts. Signs of economic recovery.
Strong performance from companies like Intel, IBM, and Home Depot. Decreasing inflation rates.
Final reality check: Annual real GDP growth has been 1.2% faster during Democratic administrations (3.79%) compared to Republican ones (2.60%) since 1949.
From 1933 to 2020, the economy grew at an average rate of 4.6% per year under Democratic presidents, nearly double the 2.4% under Republican presidents.
And of course Trump's job creation record was the worst of any American president on record, no other president has left the U.S. with a smaller workforce than it had when they took office.
All while adding a record setting $8 trillion in new debt in just 4 years.
MAGA = FAIL
https://www.marketwatch.com/livecoverage/stock-mar...https://www.snopes.com/fact-check/trump-stock-mark... 