Staff ReportsUnder Joe Biden’s so-called leadership, the Dow Jones Industrial Average has plunged for a staggering nine consecutive trading days. This streak marks the longest fall since the days of Jimmy Carter in February 1978, a period now synonymous with economic malaise. As it stands, Biden is poised to break Carter’s embarrassing record, carving out a niche for himself as one of the worst presidents in American history. If the stock market were a sport, Biden would have more losses than a hapless team in a perpetual losing streak.
It’s amusing how the left often plays the blame game, twisting narratives to steer responsibility away from their failing president. Of course, while Biden’s administration grapples with dismal economic indicators, the Dow saw impressive gains under President Trump’s watch. Just after Trump’s victory in 2024, the market skyrocketed to record heights, proving that the optimism surrounding his leadership had tangible effects. Investors flocked to the market, solidifying Trump’s reputation for economic prowess, while Biden seems to be chasing shadows.
Despite the left’s efforts to portray Trump as the scapegoat for Biden’s crumbling economy, the public sentiment appears to shift favorably back to Trump. Reports reveal a remarkable investment from SoftBank CEO Masayoshi Son, who has pledged a whopping $100 billion to create 100,000 jobs in the U.S. over the next four years. Son’s optimism ties back to Trump’s anticipated return to the presidency, emphasizing a belief that a Trump-led economy could reignite hopes for American prosperity.
Biden Administration Hits Losing Streak Not Seen Since Jimmy Carter: Check Any Stocks You Own: Carter could finally see his record broken by Biden. https://t.co/aKtx2lj9s5 pic.twitter.com/esgfwL4Z3e
— The Western Journal (@WestJournalism) December 18, 2024
Polling data paints an even clearer picture: nearly half of Americans believe the economy will improve under Trump’s leadership, contrasting sharply with a paltry quarter who think things are rosy under Biden. The numbers reveal what many already know—Biden’s economic dealings have fostered fear and uncertainty among the populace, pushing many to reminisce about a time when their financial situations were much more stable, courtesy of Trump’s policies.
Amidst rising inflation and a stagnant workforce, the average American’s personal finances have been put to the test. They need not be an economic expert to recognize that life was better financially last time Trump was at the helm. With the memory of stable gas prices and thriving job markets, the conclusion is painfully simple: under Biden, things can hardly get worse. As the Dow sinks, the hope for a Trump resurgence to rescue the economy only intensifies.
