Skip to content
Search AI Powered

Latest Stories

Donald Trump Accuses 'The Fake News Media' Of Trying To 'Crash The Economy'

Donald Trump Accuses 'The Fake News Media' Of Trying To 'Crash The Economy'
NICHOLAS KAMM/AFP/Getty Images // @pgammo/Twitter

President Donald Trump often credits himself for the economic prosperity the United States has enjoyed for the past six years, but his boasts may not hold as much weight among his supporters after this past week.

On Tuesday, the yield curve measuring the worth of treasury bonds inverted, meaning that federal bonds paid to investors after two years yielded more in interest to investors than those paid after ten years, signaling little faith in the promise of long-term economic growth. The last five times this happened, a recession soon followed.


Last week, China struck back against Trump's planned $300 billion tariff by letting its currency value fall against the US dollar. The Dow subsequently plummeted nearly 800 points.

So who does Trump blame?

If you said the "Fake News Media," congratulations!

You win two to six years of national anxiety.

In case this isn't obvious, the media reports on what happens. The yield curve inverted, so they reported that.

China devalued its currency, so they reported that. The Dow tanked, so they reported that.

And when Trump posts nonsense tweets, they report that—admirably without throwing their computer against the wall.

It's almost as if the reporting of a free press is instrumental to holding people in power accountable.

Giphy

Try as he may to blame the media, the internet was clear: This is Trump's baby.





Even Obama-era Trump tends to agree.

Though the media is the target of Trump's tantrum at the moment, he earlier blamed "clueless" Federal Reserve Chair Jerome "Jay" Powell, whom he himself appointed.

It's Friday.

How many more excuses will Trump make today about the economy?

So who's to blame? If it's not you, let the world know with this shirt available here.


DON'T BLAME ME I DIDN'T VOTE FOR TRUMP: I Was Raised to Think For MyselfAmazon

More from People/donald-trump

Kelly Clarkson
Denise Truscello/Live Nation Las Vegas/Getty Images

Kelly Clarkson Reveals Horrific Comment Her Ex-Manager Once Made About Her Body—And Fans Are Livid

"Kids say the darnedest things" is a popular phrase for a reason, and while it might not have the same ring, maybe we need to change "kids" to "entertainment managers"?

While doing her Las Vegas residency, Kelly Clarkson mixed her most iconic songs with audience interactions and stories of things that have happened during her career.

Keep ReadingShow less
Mid-shot of a female doctor, wearing a stethoscope.
Photo by JESHOOTS.COM on Unsplash

Medical Professionals Break Down Times Patients Accurately Self-Diagnosed With Google

Medical professionals often advise against Googling when we are feeling ill.

WebMD is the enemy.

Keep ReadingShow less
Screenshots of Virginia Foxx and Yassamin Ansari

GOP Rep. Melts Down After Dem Rep. Calls Out Republicans' '8 Weeks Of Taxpayer-Funded Vacation'

North Carolina Republican Representative Virginia Foxx was fuming after Arizona Democratic Representative Yassamin Ansari welcomed her back from the GOP's "vacation" after House Speaker Mike Johnson kept the House out of session for eight weeks.

Johnson adjourned the House after September 19, following the passage of a short-term spending bill to avert a government shutdown.

Keep ReadingShow less
La Toya Jackson
@latoyajackson/Instagram

Fans Concerned After La Toya Jackson Shares Cryptic Videos About Her Health At Doctor's Office

We may not all like the same things or be fans of the same celebrities, music, books, or films, but we all understand the anticipatory grief that comes with the fact that our favorite artists are human, just like us, meaning they will age and eventually create their last piece.

Fans of Dolly Parton, for instance, went through a scare last month when her sister shared a cryptic Facebook post about Dolly, only for the country singer to later have to post a video to reassure her fans that she "ain't dead yet" and was healthy.

Keep ReadingShow less
Gordon Ramsay
Arnold Jerocki/Getty Images

Gordon Ramsay Sparks Debate With NSFW Take On Creating Menus For People Taking Weight Loss Injections

Chef Gordon Ramsay is famous for his outspoken, often acidic take on things arguably even more than he's famous for his food.

His tirades on his television shows Hell's Kitchen and Kitchen Nightmares are renowned for having sparked their own memes and gifs years after they were actually on the air.

Keep ReadingShow less