Will this stock market madness affect cards?

[japhi]

Originally Posted by Shoeless Moe

Just make sure to blame him if the economy bounces back too.

Considering he took all the credit for the increases in the dow and SP 500 - which were on a 7 year bull run when he was sworn in - I think he needs to own those indexes now.

I think he also needs to take ownership of the debt he piled on the past 4 years. Close to 1 trillion per year deficits in the best of times - classic case of not saving for a rainy day - and because od that his 2020 debt is going to be epic, 2-4T.

So ya, he owns the economy good or bad. As of today his legacy is the indexes at same levels he was sworn in at, and 3 trillion in new debt. By end of year he is likely looking at worst spike of unemployment since the great depression and 4-6 trillion in new debt.

His legacy IMO is going to be brutal.