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Get to Know Africa > Private: Blog > World News > Biden flaunts inventory market file highs, mocks Trump for predicting ‘collapse’
World News

Biden flaunts inventory market file highs, mocks Trump for predicting ‘collapse’

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Last updated: 2023/12/16 at 5:33 AM
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Biden flaunts stock market record highs, mocks Trump for predicting 'collapse'
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U.S. President Joe Biden speaks throughout an occasion about reducing well being care prices within the East Room of the White Home on July 7, 2023 in Washington, DC.

Drew Angerer | Getty Photos Information | Getty Photos

President Joe Biden paraded this week’s inventory market file highs Friday in a brand new marketing campaign video that trolled his predecessor, Donald Trump, for predicting a market collapse if Biden had been elected.

“Good one, Donald,” Biden wrote within the submit on X.

In the course of the 2020 presidential marketing campaign, then-President Trump claimed, “If Biden wins, you are gonna have a inventory market collapse the likes of which you’ve got by no means had.”

The video replayed that clip, adopted by soundbites of reports anchors touting the inventory market’s current good points. One memorable snippet confirmed Larry Kudlow, Trump’s former prime financial aide, marveling on the market’s efficiency on his Fox Enterprise present.

“Uh, let’s simply discuss for a second in regards to the inventory market. Increase,” Kudlow says.

Dealing with the prospect of a rematch with Trump in 2024, Biden is seizing on the inventory market good points to attempt to get via to voters.

The video displays a rising willingness by the Biden marketing campaign to take direct intention at Trump, who leads the Republican major subject by greater than 40 factors.

It additionally displays a shifting tone from the Biden marketing campaign, which has spent the previous 12 months targeted on a constructive message and touting Biden’s financial good points and job creation.

However this technique has up to now did not resonate with voters, polls present. A pivot to extra damaging marketing campaign messages, and reminding voters of how Trump ruled in workplace, might assist to energise disaffected Democrats.

A ballot final month from The New York Occasions and Siena Faculty discovered voters trusted Trump — who inherited a stronger economic system than Biden did and left workplace in the midst of the pandemic — over Biden, on the economic system.

Learn extra CNBC politics protection

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Get to Know Africa December 16, 2023
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