Originally Posted by Richard Davis
So glad that you were the one to put your incredible ignorance on display.
As to the whataboutism, the very fact that this is your 1st ignorant response shows that you have no cogent response, because that's the usual response from a lightweight who has no answer to the fact that did occur which WAS the market drop in the time period during Biden's Presidency.
1st of all, it was
a 20% drop, that lasted for 8 solid months because of Biden's policies and because he caused the rampant inflation
which was due to his massive irresponsible spending, regardless of your pathetic excuses for his irresponsible reckless spending and leadership
.
Secondly, to address your other massively STUPID remark that I placed in Bold, you stated this bit of moronic stupidity:
we already know the market drop during the initial phase of the Biden years was due to te Covid pandemic
Well I put forth the facts of the market drop from January of 2022 until September of 2022, which began in Jan 2022,
a full YEAR later after Biden took the helm on Jan 2021. I realize you can barely add 3 and 5 and come up with the correct answer, but that isn't an excuse for your moronic statement above.
Covid was already around during the last year of Trump's Presidency, and the market dropped massively BEFORE Biden even was inaugurated. Then it started back upwards and when the marker players realized that Biden was causing MASSIVE inflation with his reckless spending, then the market dropped all through Biden's 2ND YEAR, and as I said, it dropped 20%.
So then according to the dumbest communist on A-Mart, anytime the market dropped during the Biden reign of terror, it was due to COVID? Is that how it works in the mind of the dumbest communist on A-Mart?
How convenient for you. Whatever the issue and whatever horrid policies that Biden instilled, it was only because of COVID.
So I guess when DURING the Biden administration's pathetic NON-leadership, I guess the reason for the RECORD setting gas prices that we had to live through during Biden was because of COVID as well?
So I guess when Biden caused inflation that had never been seen in 45 YEARS, it was because of COVID, according to the dumbest communist on Astromart?
You truly are dumber and more economically illiterate than a jelly doughnut.

OMG AI GOT IT WRONG?! Hmm, I don't think so, RICH DAVIS, supporter of the Trump "JD" Putin-commie team:
The market drop under the Biden administration, specifically the sell-off in 2022, was driven by a combination of factors, including rising interest rates, the war in Ukraine, and concerns about inflation. These factors, largely outside of the administration's control, led to a decrease in the S& 500 and other market indices.
Elaboration:
Interest Rate Hikes:
The Federal Reserve, aiming to curb inflation, implemented a series of interest rate hikes, which made borrowing more expensive and negatively impacted companies with high debt.
War in Ukraine:
The conflict disrupted global supply chains, particularly for energy and food, contributing to inflation and market volatility.
Inflation Fears:
Concerns about rising inflation, fueled by supply chain disruptions and increased demand, led investors to sell stocks and seek safer investments like government bonds.
Geopolitical Uncertainty:
The escalating trade war between the US and China, along with other geopolitical tensions, added to investor uncertainty and risk aversion.
Supply Chain Disruptions:
The ongoing supply chain issues, exacerbated by the pandemic and the war in Ukraine, continued to create headwinds for businesses and contributed to inflation concerns.
Hmm, sounds right to me and every other credible source I've seen...