Skip to content
Search AI Powered

Latest Stories

Biden Expertly Trolls Trump After Trump's Prediction About The Stock Market Comes Back To Bite Him

Joe Biden; Donald Trump
Kevin Dietsch/Getty Images; Anna Moneymaker/Getty Images

Trump's prediction before the 2020 election that the stock market would crash if Biden were elected didn't age well after both the Dow Jones and S&P 500 hit record highs on Monday.

President Joe Biden took former President Donald Trump to task over a prediction he made before the 2020 election that the stock market would crash in the event of a Biden win.

Trump's prediction didn't age too well considering both the Dow Jones and S&P 500 hit record highs on Monday.


In a recent market update, U.S. stocks showed a positive trajectory, with the S&P 500 and Dow achieving yet another record-high close. The market optimism, driven by a favorable economic outlook, has investors eyeing upcoming earnings reports for potential indications of an AI-driven boom in the technology sector.

The S&P 500 recorded a gain of 0.2%, building on its recent momentum that led to its first record close since January 2022 on Friday. The Dow posted a notable rise of 0.4%, surpassing the 38,000 level and achieving a historic close.

That's a far cry from Trump's declaration in late 2020 that "If Biden wins, you're going to have a stock market collapse the likes of which you've never had"—and Biden made sure to remind him of it.

Biden took to X, formerly Twitter, to repost a clip of Trump’s prediction alongside a separate clip from Fox News announcing record closes for both the Dow and the S&P 500, writing:

"Good one, Donald."

You can see Biden's post below.

It was the perfect amount of shade—and people loved it.



This is the second time this month Biden has trolled Trump over his faulty stock market predictions.

Trump was recently criticized following an interview with Lou Dobbs on Lindell TV, in which he attacked Biden's handling of the economy and expressed a desire for an economic "crash" in the next year before potentially reentering the White House.

Referencing Herbert Hoover and the Great Depression, Trump quipped about the timing of a possible crash, aiming to distance himself from the responsibility of managing a troubled economy:

"When does it crash? I hope it's gonna be during these next 12 months because I don't wanna be Herbert Hoover. The one president I just don’t want to be, Herbert Hoover.”

You can hear what Trump said in the video below.

Shortly afterward, Biden published a video showcasing Trump's remarks while concurrently echoing the criticisms he wrote in the accompanying caption:

"They showed me the clip of Trump saying he wanted the economy to crash so he could gain politically. Says he doesn’t want to be Hoover."
"Here's the thing: He already is. He’s the first president since Hoover to lose jobs while in office."
"Some record."

You can see Biden's post below.

Trump stands as the sole modern president who concluded his term with a decrease in U.S. jobs compared to the start of his presidency.

The global COVID-19 pandemic, which Trump, unsuccessful in his re-election bid against Biden, frequently downplayed or denied during its progression, wreaked havoc on the U.S. economy in his final year in office. The robust job market he anticipated to secure him a second term was obliterated.

In January 2021, just before the conclusion of Trump's term, the Labor Department disclosed that total U.S. employment had plummeted by 140,000 in December, resulting in a total of 142.6 million jobs—approximately 10 million fewer than pre-pandemic levels.

More from People/donald-trump

Donald Trump
Mehmet Eser/Middle East Images/AFP via Getty Images

Trump Demands 'Boss Of AT&T' Fix Equipment After Failed Conference Call In Bizarre Meltdown

When most of us have technical difficulties, we contact tech support or customer service.

But if you're President of the United States, just ranting on social media—then having your White House Press Secretary post a screenshot of your post on a social media platform people actually use—is apparently the answer.

Keep ReadingShow less
Screenshot of Lauren Boebert speaking to Alex Stein
Prime Time with Alex Stein/Blaze Media

Lauren Boebert Casts Doubt On Moon Landing During Wild Interview With Conspiracy Theorist

Colorado Republican Representative Lauren Boebert was criticized after she seemingly agreed with the conspiracy theory that the moon landing was faked in a wide-ranging interview with conservative conspiracy theorist Alex Stein.

The segment began with the duo casting doubt on nuclear weapons—Boebert even joked about needing "tin foil"—and moved into weirder territory when Stein praised Boebert for "vibing" with him on the topic of the moon landing. Conspiracy theorists have long alleged the moon landing was fabricated by NASA in what they claim was an elaborate hoax.

Keep ReadingShow less
Rosie O'Donnell; Oprah Winfrey
Simon Ackerman/Getty Images; Ernesto Ruscio/GC Images

Rosie O'Donnell Calls Out Oprah For Attending Jeff Bezos' Wedding In Scathing Poem

Among the various celebrity hangers-on who attended Jeff Bezos and Lauren Sánchez's Venice wedding, the one that seemed to generate the most controversy was Oprah Winfrey.

After all, a woman known for her progressive politics whose entire ethos is about teaching people how to be their best selves, attending the wedding of man who directly funded a fascist regime dismantling our country before our eyes doesn't exactly add up.

Keep ReadingShow less
Lisa Murkowski
Kayla Bartkowski/Getty Images

Lisa Murkowski Slammed After Criticizing Massive Budget Bill She Just Voted For

Alaska Republican Senator Lisa Murkowski was slammed after she claimed that President Donald Trump's One Big Beautiful Bill is "not there yet" despite casting the deciding vote to narrowly pass it before sending it back to the House.

In a marathon voting session, the Senate narrowly passed the legislation in a 51-50 vote, with Vice President JD Vance casting the tie-breaking vote after three Republicans joined all Democrats in opposition.

Keep ReadingShow less
Woman listening to her boyfriend play guitar
Photo by Toa Heftiba on Unsplash

Things People Initially Found Attractive About Their Partner That Now Annoy Them

Being in a relationship can be wonderful, but it's not without its ups and downs.

In order for it to work, we have to allow it to grow and change over time rather than being locked forever into what it was when we first started dating our person.

Keep ReadingShow less