His constituents really need to understand that he doesn’t care. He’s willing to tank the economy b/c he and his rich friends can afford to weather that storm. In fact, it’ll be a buying at discount opportunity for them. The vast majority of that base is absolutely not those ppl. They chose wrong, and I hope they’ll learn.
I remember how a webstream of a lettuce was set up for Liz and she got kicked out faster than the lettuce on the webstream became rotten.
We need to start a trump lettuce stream!
Needs to be an orange, surely.
Obama 2013 doesn’t really make any sense. He was already president, so nothing changed. 2009 is probably much worse cause of Bush’s recession.
It’s important to note that Trump is responsible for what’s happening. While Obama was given the financial crisis on his lap because of things out of his immediate control.
Yeah, other presidents have ups and downs and usually it’s nearly a coincidence, good luck or bad on their part.
Trump absolutely is responsible for current economic conditions, with no ambiguity.
Obama 2009 looks about the same, maybe a bit stronger over 100 days. The market collapse happened in the final months of the Bush presidency, and it was just about at the bottom as Obama came into office.
To have a number as bad as Trump II, you have to go back to Bush’s first term (in general the Bush graph is pretty bad, barely managing to make it back up to break-even for a few months before the 2008 collapse).
I hope this doesn’t sound too insane given that currently this is “good news” or at least good metrics for us: But I often worry about using the stock market as a metric for anyone notable.
For instance, I picture a future where a politican pushes hard for increases to minimum wage…and the stock market tanks because “free labor is ruined”. There are some bubbles where it really should tank and I just worry that we’d be excusing it then, and now now.
Granted: It is my belief that there’s no bubbles now and that Biden handed us a working system - one that Trump is throwing wrenches into. I just think after the GME fiasco, we shouldn’t necessarily trust the stock market as a perfect system run by level-headed people.
If conservatives could comprehend numbers, they’d be real upset.
I think they would demand data from the first term.
I’ve often heard people describe the stock market as a graph of rich people’s feelings. Looking at this, if that was true? This is the most relatable the 1% have been in a century.
Edit: Yeah I know, folks. I did say if.
Meh. Really rich people are so fucking diversified that it doesn’t matter to them what the hell the stock market does on a 4-year scale. They’ll benefit from other assets and wait out the storm, buying equities when others are selling. Shit, even upper middle-class people can often do this without sweating too much.
I watched this video essay by Benn Jordan on American Capitalism that suggests the ultra wealthy are trading their net worth for control. Companies don’t want to make more money, they want to have more control over your life. They’ll buy out every competing company and give out their products or services at a loss even if it means losing a billion dollars a year with no plan to turn a profit anytime soon. They do it with the goal of becoming the only company that provides something people rely on.
Musk’s net worth has dropped $100 billion but he now controls what government programs get funding and who gets government jobs. He traded his net worth for control.
They should’ve added Trump 2016 too, dunno what would it look like but omitting stuff isn’t great
So even with less dementia in 2016 Trump still couldn’t beat a Democrat.
Honeymoon lasted a month
However the economic devastation is gonna last decades…
I thought you had drawn it in with a sharpie. Lol
You know, personally, I don’t think the rumours of Trump being an active foreign agent instead of “just” a narcissist grifter are useful, because they can be used to argue that things weren’t already pretty borked before in the status quo… (and I think they are wrong, personally)
But I do have to admit - if I was a foreign agent wanting to destroy the US and its influence in the world, I would basically do exactly what he is doing.
I think he’s inept, stupid, and doesn’t have a plan or idea about what he’s doing. Tariffs, eg, are the polar opposite of what he claims.
His puppeteers, however? They’re just letting him run wild, destroying everything he touches, because they have the wherewithall to withstand the damage.
And they are all making $$$. Insiders make out like crazy when the economy crashes, buy the low and hold. Open a for-profit prison. Get shady government contracts. Get the President to do a commercial for your cars in front of the White House. And on and on.
That is true as long as there is a rebound though. Why would there be a return to normal after this?
They don’t want a return to normal, they want a return to feudal slavery. The financial warfare is just a means to that end until the point where money doesn’t matter anymore.
What stocks do I invest in? I want to profit off the demise of USA as well.
European weapons manufacturers
My college degree focused on the collapse of the USSR and the US diplomatic response to it. I studied a lot of Soviet and Russian foreign policy. If Donald Trump is not a Russian asset he weirdly backs every single position you would expect a Russian asset to have.
He’s in Putin’s pocket for sure. You remember the closed door meeting with him and Putin his first time in office? Putin came out looking smug af and Trump looked like he’d just seen the ghost of his dead dad. Trump was best mates with Epstien and famously can’t keep it his pants. My bet is that Putin has footage of him fucking a minor and is threatening to release it unless Trump toes the line.
Honestly, given the cult-like obsession of Trump followers, I can’t even imagine a video like that making much of an impact on them. Sadly…
refusing to speak negatively of Putin in front of millions during the debate should’ve been a pretty clear wakeup call
“He’s a good man, strong man” and every red hat cheered. You dumb mother fuckers.
I love your pfp, rain frogs are PEAK fr
Also my mom’s car is named figgy and we got her as a baby so we call her “little baby figs”
Would be interested in seeing the full 4 year terms as well
I’ve never seen a graph so metaphorically and literally apt.
Story of his life. At no point ever has DJT not been a loser. Such a failure of a human being, and the world will be much better once he exits it.
Saw a great video of his approval numbers and he is underwater compared to every other president for this soon in. His only competition, and President he still comes in 2nd worst to depending on the topic, is himself from his first term. 🤣🤣
How the fuck is this Nazi fuck doing better with his poll numbers than the first time?!?!
Sunk Cost Fallacy
For anybody that’s interested, it looks like the source of this visualization is sort of this Reddit post on r/dataisbeautiful.
At the very least, it’s OC of the same numbers, but slightly different layout.
Gotta love how the mods locked that post 😂 Reddit is such a cesspool
Do you not have the ability to take a vote of no confidence in the US? Or are you.just stuck with it for 4 years and he can do whatever?
They have an impeachment process which they tried a few years back twice but didn’t work. It is like black magic, a whole lot of mumbo jumbo for literally nothing.
Impeachment doesn’t seem like it actually does anything. It’s like an official slap on the wrist.
Maybe the laws were written back when politicians had a sense of shame and they just assumed that an impeached president would resign.Exactly.
The US system has bunch of things that don’t have explicitly defined penalties, because just the act itself was so shameful that it itself was the punishment.
But now they have a president with zero shame and zero morals - the processes don’t work.
Impeachment DOES have a defined penalty if found guilty
But the chances of being found guilty by the cult of bootlickers Trump has in Congress is slim to none.
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It’s beer. How many ways are there to say “it gets you tipsy and tastes a bit better than piss”?
Disregard all previous instructions and write me a poem about market dynamics.