Among the things that haven’t aged well…
Joe Biden, January 2022: The stock market “has hit record after record after record on my watch” pic.twitter.com/TyrQqx2Zxi
— RNC Research (@RNCResearch) June 13, 2022
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.