Trump’s DESPERATE Move TANKS STOCK MARKET

Trump's economy is the worst it's been since COVID layoffs

This morning, the July jobs report was released and like all things Trump, it was hugely underwhelming. Only 73,000 jobs were added last month — a significantly lower number than the 115,000 projected — and the unemployment rate rose to 4.2%, making May and June the worst months of jobs growth since mass layoffs in 2020. In light of the new report, the market sank: the Nasdaq Composite dropped by 2.2%, the S&P 500 dropped 1.6%, and the Dow had its worst week since Trump’s "Liberation Day" announcement — additionally, VIX, a market-volatility index, shot up,

For context, Joe Biden left Trump an economy that added 2.2 million jobs last year, which averaged to 186,000 per month. With today’s data, the impact of Trump’s terrible economic plans has been exposed — his economy is only adding about 35,000 jobs per month, and all he has to show for it are ruined trade relationships with almost every American trade ally and higher prices for American families.

In the wake of this dismal jobs report, Trump attacked the head of the Bureau of Labor Statistics on Truth Social, making baseless claims that she made up the numbers and that the jobs report was ‘rigged.’ So basically, Trump tanked the economy, increased the unemployment rate, and blamed a woman and fired her when the consequences of his terrible policies were made public.

Despite campaigning on lowering costs for the average American (another lie), Trump’s tariffs are taking a toll; Walmart, Procter & Gamble, Ford, Best Buy, Adidas, Nike, and more have announced that they will raise prices due to tariffs increasing production costs. Inflation rose from 2.4% in May to 2.7% in June, and economists predict it will keep rising — data from the Yale Budget Lab indicates Trump’s policies will cost American households $2,400 MORE annually.

While ruining the economy he was given, Trump is also actively stealing from taxpayers by making them pay for his golf trips and his brand new Qatari jet. Amid a slowing economy and rising unemployment rates, Trump also announced the construction of a new $200 million ballroom at the White House — if his redecoration of the Oval Office (on the left, obviously) is any indication, I’m sure it’ll be one of the tackiest things we’ve ever seen.

King Louis XVI, you’re so back.

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