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The lie that won’t die is that Republicans are better for the economy than Democrats. By every measure possible, that is just not correct. Republicans break shit, Democrats fix it, and voters reward them by ushering Republicans back in power. Lather, rinse, repeat.
Now, the stock market is not “the economy,” and even boom times have seen economic decline for a significant percentage of people in the United States, particularly in its decaying rural regions. But the market is a proxy for strong economic performance, however inequitable it might be distributed.
At that very least, there’s no scenario in which we have economic development without a strong market. If companies are to create jobs, there has to be a strong market—or investors, in anticipation—pumping money into that job growth. Just take a look at Wall Street’s 10 worst crashes:
1) March 12, 2020
Republican Donald Trump was president, and the emergence of a deadly pandemic and ensuing shutdowns signaled a period of economic uncertainty. Rather than calm jittery markets, Trump suggested that people inject bleach (April 24, 2020) to cure COVID-19. The markets had every reason to panic. Too bad they didn’t remember those lessons in 2024.
2) Nov. 20, 2008
Republican George W. Bush was president when the subprime mortgage crisis took down the global economy. Years of Wall Street deregulation—cheered on by Republicans—created the conditions for this mess.
3) April 4, 2025
Trump is president again, and here we are in a completely self-created and enabled crisis because Wall Street didn’t learn from the lessons of 2020, and their greed overrode all evidence that Trump is a disaster to not just our democracy but to global order. Congratulations, assholes. You voted for this.
4) Nov. 6, 2008
Bush done f’d stuff up.
5) October 15, 2008
Same as #2 and #4, courtesy of Bush and his merry cabal of deregulators.
6) October 7, 2008
Same same.
7) March 9, 2020
Trump again.
8-10) October 9, 10, and 22, 2008
Bush really made a mess of things, which makes it particularly maddening that people walked away thinking that Republicans knew anything about running an economy. Eight years of manufactured scandals against Democratic President Barack Obama really did a number in the United States, ushering in the age of Trump.
It’s quite obvious that, once Trump’s tariffs have fully left their mark, 2025 will occupy far more than just one spot on this list.
Other notable crashes?
Black Friday in October 1929, with Republican Herbert Hoover as president.
Post-9/11 market crash, with Bush as president.
Black Monday on October 19, 1987, with Republican President Ronald Reagan.
It’s a Republican. Every. Single. Time.
So strange that they think this war on Christmas (and I guess I’m Easter) is real. I honestly don’t know a single person that has a problem with someone wishing someone a Merry Christmas or celebrating it in any way.
Just like guns. I have MANY democratic friends and almost all of them own guns. When Obama left office five gun laws had been passed, all of them loosening restrictions. Can’t they just look something up for crying out loud?
No. That would hurt their feelings. Better to consume propaganda that legitimizes their feelings.
Yeah, you’re right.
I always say, I’ve literally never seen anyone get upset over hearing merry christmas, but I’ve witnessed plenty of people lose their shit over hearing happy holidays.
Funny, I said that long before this was an issue and for me it meant Christmas and New Year’s. I wasn’t really thinking about Hanukkah or anything else but figured hey, the more it includes, the better.
As a Christian, I have a problem on at least one level with how people treat Christmas and Easter.
For something similar, imagine if instead of Christmas and Easter, the celebration was of your parent’s birthday and that time they flatlined but recovered in the hospital.
And people you didn’t know were celebrating it years later, trying to sell you festive decorations and fighting with each other over whether others were trying to ban the celebration, making it all about some mythical doctor and nurses who once threw a party when your parent survived, talking about becoming a doctor being the true purpose of celebrating your parent’s birthday.
That’s about how messed up this all is.
I feel like they just weren’t prepared to answer my question, so they just said whatever came to mind.
This person is not stupid-- rather, always a huge hypocrite.