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Comment by eddythompson80 | Hacker News Reader

I didn’t vote for Trump because of reasons other than economic.

In terms of economics, he clearly has no fucking clue what the fuck to do. It’s very self evident whenever a reporter asks him an economic question. His entire economic policy is driven by shadowy individuals who I and you don’t know, but they have the right economical credentials to convince Trump to do what he’s doing. If Trump were a leftists he would’ve been too concerned if his economical advisor ever posted on an online forum in 1999 that “Islam is morally corrupt religion” or if “genders are clearly self evident”

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Five trillion dollars off the stock market and prices are still going up!

If he meant his campaign promises, then he's very clearly incompetent. If he didn't mean them then he's a demagogue.

Either way, he's simply doing what he IS competent at doing: destroying other people's capital and skipping out on the bill.

Biden, Trump, Obama, Bush, Clinton, and Bush didn’t deliver on most of their campaign promises. And those are the only ones within my life time that I can say that with 100% certainty they didn’t. I only (sort of) became politically active in the late 90s and definitely in the early 2000s, and it’s been fucked since then in my mind.

The sudden opposition with the stock market daily valuation by leftist is mostly new to me though. For 4 years between 2016-2021 every leftist I ever met complained about how age and dementia is a hard line for them (I live in Seattle so that’s like 7-times-a-day type interaction)

Then for 2021-2025 no one ever addresses how Biden (the oldest president in US history) couldn’t comprehend what room he was in.

First of all, a lot of people of the left have money in the stock market. A lot of people on the left talk about the stock market. You live in Seattle so you must know quite a few people on the left who have a lot of stock options.

Anyway, Trump promised a lot of things. He promised to use his business acumen to help the country, but now the stock market is tanking. It's weird because he's been bankrupt six or seven times by now, but he still says he is going to lead America into a golden age of prosperity.

The tariffs don't seem to be helping either. The ways things are right now, it seems likely that Trump is the epitome of Dunning-Kruger, or a criminal, or a demagogue.

Has he even done anything about prices at all? It would legit seriously help a lot of Americans if he would. I don't know. He talked about it a lot, but maybe it's not going to happen.

The stock market (and housing market) is the sock puppet of both the left and the right.

Whenever a democratic policy or action affects the stock market, then “it’s a pain we should, nay must, endure for the betterment of our society and country. The stock market will correct itself. There are billions of poor gay immigrant trans Americans families with student loans that are struggling. Once a new generation grows up under this policy, the stock market will rebound. You should be DCA`ing and only investing what you can lose anyway and THE STOCK MARKET ISNT THE ECONOMY”

When a republican policy or action affects the stock market it’s “wHaT aBoUt the sToCk mArRkaT. It dIppeD lAsT wEek. THE STOCK MARKET IS THE ECONOMY”

I don't know, but I don't think I agree with you. In fact, I've never heard either party ever say that the stock market going down is a good thing.

Besides all that, Trump is president right now and the Republicans control the government. While being in control right now, Republicans are presiding over the loss of trillions of dollars of wealth, despite claiming the be the party of fiscal responsibility. I think that's turned out to be something of a lie. Trump says he is a financial wizard, and that doesn't seem to help. Trump says he will build America into a golden age and lower prices on day 1.

Nothing like this is happening. It just doesn't add up.

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