Washington Post / YouTube Trump addresses the 73rd U N...
Washington Post / YouTube

For most of his presidency — when it came to the economy, at least — Donald Trump was like a toddler sitting in one of those car seats with a fake Fisher Price steering wheel that made him think he was driving.

Now he’s like a rabid Ebola monkey set loose in the cockpit of a commercial airline.

All he’s actually done since becoming president is lay down economic landmines, and now they’re starting to explode.

Today’s 2.71 percent drop in the S&P 500 came courtesy of Steven Mnuchin’s weird statement about calling all the big banks and Trump’s idiotic ranting at the Fed chair he appointed:

For the record, the standard definition of a bear market is a 20 percent decline from a recent high. On September 20, the S&P 500 closed at 2,930.75. Today it closed at 2,351.10. That’s a 19.78 percent decline.

We’re right on the cusp of another Trump economic miracle.

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This is a Creative Commons article. The original version of this article appeared here.


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