r/MurderedByWords 14h ago

Tim Walz is not holding back

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u/Psychological_Elk104 13h ago

He’s definitely not wrong. 9 of the 10 largest point drop in history for the Dow have been under his presidency

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u/Negative_Ebb_9614 10h ago edited 9h ago

We really just pretending like 6/10 weren't covid related and not tied to anything trump did? I mean, I think he's a dipshit just as much as anyone, but takes like these just come across as stupid. You also need to look at this list as a % to make it meaningful, otherwise pretty much every subsequent president will also dominate the list.

ETA: These drops are notable as being the single largest drops (by %) directly and wholly caused by a President's unilateral actions. That's the damning part. But I get that doesn't read as well as a twitter burn.

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u/rocket_dragon 10h ago

pretty much every subsequent president will also dominate the list

Only if we only keep electing weird cultish felon Republicans.

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u/Negative_Ebb_9614 9h ago

2000 point drop on the Dow is now worth half as much as a % as it would have been in 2020. So by 2035, a 2000 point drop could be worth less than 2%, aka a not so great day but nothing news worthy.

A 57 point loss in the S&P was the single worst day for that market....its math. It works the same way regardless of who is in the chair.