President Donald Trump’s first 100 days haven’t even been completed yet and CNN is already whipping out "Great Depression" scare porn to describe the current stock market under his administration. No, you didn’t misread that.
“We’re suddenly talking about the Great Depression when discussing Trump’s stock market,” read the insane April 22 headline of CNN Business Executive Editor David Goldman’s latest anti-Trump flapdoodle. “Trump’s stock market is throwing off some jaw-dropping statistics. How extraordinary? We’re now making comparisons to the Great Depression,” he continued.
Making freakishly outlandish claims seems to be a trend for Goldman, as he’s the same so-called journalist who blurted in February that the “jury is decidedly out on how much federal spending” under President Joe Biden “contributed to inflation — if at all.” Also, in Goldman’s view March 10, Trump was allegedly responsible for ruining America’s so-called “nearly five-year economic boom.” In essence, it isn’t a surprise he found some more tomfoolery to belch onto the CNN website.
“Stocks are on the rebound Tuesday, bouncing back from another miserable day on Wall Street. But American financial markets are sounding all sorts of alarm bells that one day in the green can hardly overcome,” doom mongered Goldman. “That’s because investors have been sending a clear message: President Donald Trump’s trade war is making America an unsafe place to invest.”
Of course, this was just before stocks surged the next day on news that Trump could potentially relieve tariffs on China following a potential deal. The Dow Jones Industrial Average surged 1,100 points early Wednesday morning before easing to an over 500 point gain, with the S&P 500 climbing two percent and the Nasdaq Composite rallying 3 percent, according to CNBC. The world is ending!
We’re in “Great Depression” mode, didn’t you know! “Even with a modest rebound on Tuesday – major indexes rose over 2% each – Trump has a long way to bounce back to avoid history,” Goldman blathered. For goodness’ sake, even oil giant company Chevron CEO Mike Wirth stated the same day Goldman’s drivel was released that there were “no signs that” his company sees “at this point that we are in or close to a recession.”
But in Goldman’s world, we skipped the “recession” part and went straight to shoe-horning fears of another 1929 “Depression” crash under Trump into narrative, when the Dow nosedived from its Roaring 20s highs to a chilling 89 percent below its peak.
Goldman’s pathetic stock market agitprop is the end result of what happens when a journalist willfully gulps down every blue pill the Biden regime gave them like a sucker and gets turned into a mindless propaganda bot that spits out whatever anti-Trump talking points are downloaded into their prefrontal cortex.
