June 13, 2022 | Rapid Response | RNC Communications
Economy

Biden's bear market

Rapid Response

Among the things that haven’t aged well…

The Dow Jones Industrial Average, Nasdaq, and S&P 500 are now lower than when Joe Biden took office. That has a real impact on the more than 50% of American families who own stocks and the tens of millions of Americans with 401(k)s. Impacts to which the Biden administration has no answers, only long sighs.

Tumbling confidence, surging prices, and a looming recession. At this point, the only thing falling faster than the stock market is Biden’s approval rating, and for good reason.