Stocks plunge to disaster levels thanks to Bidenflation
Politically, bold red is the color associated with the Republican Party and its candidates. President Donald Trump frequently wore a red tie to emphasize that point.
CNN Business, not a site to which we would normally direct our readers, is unable to deny the facts that the markets which were surging under Trump, are now in failure mode, with red being the color long used by financial gurus to underscore balance sheet losses. Color aside, there is no denying Americans are suffering under record inflation which has impacted us at every level including food, utilities, gas and housing.
Market Watch’s numbers are in the same drastic category, as the numbers continue to fall. This morning’s headline blasts the dire news, “Dow, S&P 500’s fall deepens Thursday as inflation fears batter stock market.”
When Americans elected Donald Trump, we elected a successful businessman. He brought his knowledge and expertise to the White House. Joe Biden has spent his 52-year career at the public trough since 1970 when he was elected to the New Castle County Council in Delaware. In 2019 Forbes estimated Biden’s wealth at $9 million. U.S. Senators are paid an annual salary of $174,000. The salary of the President of the United States is $400,000.
How did Biden amass multimillions when he hasn’t had a job outside of government in over five decades…and why can’t he do the same for us?
Source: https://seeingredaz.wordpress.com/2022/05/12/stocks-plunge-to-disaster-levels-thanks-to-bidenflation/
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