Former President Donald responded Monday morning as global markets and Wall Street continued their decline, calling it the “Kamala Crash” and blaming what’s taking place on the Biden-Harris administration’s economic policies. As of this writing, the Dow Jones Industrial Index had fallen nearly 1,000 points, while NASDAQ was off nearly 4 percent and the S&P 500 down 3.1 percent of its value.
Here’s what Trump wrote in a series of Truth Social posts:
STOCK MARKETS ARE CRASHING, JOBS NUMBERS ARE TERRIBLE, WE ARE HEADING TO WORLD WAR lll, AND WE HAVE TWO OF THE MOST INCOMPETENT “LEADERS” IN HISTORY. THIS IS NOT GOOD!!!
“Japan down 12%, India down 6%. Germany way down also. U.S. really bad. This is a preview of the world markets without Donald J. Trump in the White House. None of this happens if Trump is in. Kamala and the markets don’t go together. She’ll destroy the markets. She’s in power now and look at what is happening. One week of the fake media saying better polls and you get a market crash.” The Legendary Howard Lutnick!
Of course there is a massive market downturn. Kamala is even worse than Crooked Joe. Markets will NEVER accept the Radical Left Lunatic that DESTROYED San Francisco and California, as a whole. Next move, THE GREAT DEPRESSION OF 2024! You can’t play games with MARKETS. KAMALA CRASH!!!
VOTERS HAVE A CHOICE — TRUMP PROSPERITY, OR THE KAMALA CRASH & GREAT DEPRESSION OF 2024, NOT TO MENTION THE PROBABILITY OF WORLD WAR lll IF THESE VERY STUPID PEOPLE REMAIN IN OFFICE. REMEMBER, TRUMP WAS RIGHT ABOUT EVERYTHING!!!
KAMALA CRASH!
TRUMP CASH vs. KAMALA CRASH!
In an interview over the weekend with Fox Business host Maria Bartiromo, Trump also laid out his economic agenda should he win in November. Here are some quotes:
“We’re going to take care of Social Security. We’re not going to do anything to hurt our seniors. There is so much cutting. There is so much waste in this government. There’s so much fat in this government.” Trump also said his pledge not to tax tips is a campaign promise and is backed by major restauranteurs and the service industry.
“I gave the biggest tax cut ever, bigger than the Reagan tax cuts. But you know what happened? It was very interesting, where we took in more revenue with a smaller percentage of taxes than we did with the big percentage of taxes, and nobody understood it. But when we cut taxes, we took in much more money. The country made more money, and we were getting ready for growth. We were getting ready to pay off debt. We were going to drill, baby, drill.”
“We want to go to all-electric cars, and yet we don’t have what’s necessary for electric cars. They’re all going to be made in China… We should have hybrids, we should have gasoline-powered cars. And we should also have electric cars at a smaller number. The electric cars, there’s a great place for them, but they don’t go far, they cost too much.”
“One of the things I want to do is have a reciprocal tax, okay? If they charge us 100% of the car, we charge them 100%. Hard to believe that we haven’t done this. And I was all set to do it until COVID came. They don’t take our cars. They don’t take our farming products, very little of them. They want to do it themselves, so we have a $200 million deficit. Our friends treat us just as badly, almost, as our enemies.”
On crypto: “Biden’s trying to shut it down, Biden doesn’t have the intellect to shut it down. Can you imagine this guy is telling you to shut something down like that? He has no idea what the hell it is. But if we don’t embrace it, it’s going to be embraced by other people… Other countries will, anyway. But we can be the leader, and we might as well be the leader.”