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

Harrowing Video Captures Theme Park Riders Stuck 250 Feet In The Air Amid Torrential Rainstorm
@FearedBuck

Harrowing Video Captures Theme Park Riders Stuck 250 Feet In The Air Amid Torrential Rainstorm

A group of thrill-seekers at Six Flags Mexico had a scary experience when they got stuck on the Supergirl Sky Flight ride, almost 250 feet in the air, during a rainstorm on August 18.

Viral videos show the ride at a standstill while passengers shout for help amid strong winds and rain.

Keep ReadingShow less
Amandla Stenberg as Mae in 'The Acolyte'; Instagram screenshot of Amandla Stenberg
Disney+; @amandlastenberg/Instagram

'The Acolyte' Star Slams 'Rampage Of Vitriol' From Alt-Right After 'Star Wars' Show's Cancellation

Amandla Stenberg is calling out the "rampage of vitriol" from alt-right viewers following The Acolyte's cancellation.

Stenberg, who played Mae/Osha in the Star Warsseries, slammed the "targeted attack" in a nearly nine-minute video posted to her Instagram stories in which she shed light on the hateful comments she received before, during and after shooting the first and only season.

Keep ReadingShow less
Willow Sage Hart and Pink performing at DNC
ANDREW CABALLERO-REYNOLDS/AFP via Getty Images

Pink Shares Video Of Sweet Pep Talk She Gave Her Daughter Before Their DNC Performance

In a recent post made to Instagram, Pink shared a touching video of the pep talk she gave her daughter Willow before they performed together at the Democratic National Convention.

The singer, who shares Willow and 7-year-old son Jameson Moon with husband Carey Hart, caught her fans up on her happenings over the course of the last month in a post shared last week.

Keep ReadingShow less
Elon Musk/Stephen King
Jared Siskin/Patrick McMullan via Getty Images, Astrid Stawiarz/Getty Images

Elon Musk Roasted For Juvenile AI Photo Insult After Stephen King Puts SpaceX On Blast

Elon Musk retaliated after literary horror master Stephen King mocked him after the SpaceX founder's Falcon 9 rocket launch vehicle partially exploded during a landing attempt on August 28.

King, who is known for authoring the best-selling books The Shining, Carrie and It, took to Musk's social media platform X (formerly Twitter) and wrote:

Keep ReadingShow less