2016 Postmortem
Related: About this forumCamp Hillary:Trump Celebrated as American Families Saw 401(k) Values Drop $100 Billion
Jesse Ferguson ?@JesseFFerguson 15m15 minutes agoNEW: Donald Trump Celebrated as American Families Saw 401(k) Values Drop $100 Billion https://www.hillaryclinton.com/briefing/statements/2016/06/25/donald-trump-celebrated-as-american-families-saw-401k-values-drop-100-billion/
Hillary for America Senior Policy Advisor Jake Sullivan released the following statement on Donald Trumps response to the Brexit vote and its impact on American families:
Yesterday, amidst the global economic uncertainty that followed Britains vote to leave the European Union, American families watched as their 401(k) accounts lost more than $100 billion in value over the course of a day. Now, we believe that America is resilient and can bounce back, but here is the point: While markets tumbled and American families pocketbooks took a hit, Donald Trump cheered and celebrated. He patted himself on the back and boasted about the money that his golf courses would make as a result of the turmoil. At a time when the world looks to the United States for steady leadership, Donald Trump once again proved two truths about his candidacy that he is temperamentally unfit to be President of the United States and that he is in it for no one but himself.
Jesse Lehrich ?@JesseLehrich 4h4 hours ago
@HillaryClinton advisor Jake Sullivan coined a good term y'day for Trump's first response to crises:
"pathological self-congratulation"
Iliyah
(25,111 posts)radical noodle
(7,997 posts)Then when he is broke, someone can buy HIS stuff for just pennies on the dollar.
Not a problem for me though, I already do that.
JonLeibowitz
(6,282 posts)Wellstone ruled
(34,661 posts)This so different than what occurred with Brexit. BioTech's are the new Dot Bombs of 2000.
joshcryer
(62,265 posts)Did Clinton celebrate that? Something has to be done about drug price gouging.
JonLeibowitz
(6,282 posts)If our President firmly resolves to tackle Climate Change as a priority and says that, a similar result will occur.
It's just a really bad attack and while it is snarky it isn't an honest argument.
joshcryer
(62,265 posts)Something has to be done.
There's no relevance, Trump said something stupid. His words had no effect.
JonLeibowitz
(6,282 posts)Attacking someone because of the effects on 401(k) savings of the praised event is a stupid attack. It opens our side up to weakness since healthcare and climate change progress will hurt future growth of certain industries and the market will respond negatively to that.
If it's okay with you I'll continue to point that out.
progree
(10,889 posts)says Trump.
https://www.yahoo.com/news/aberdeen-journal-mr-trump-won-000000095.html?nhp=1
Asked about the turmoil it has caused in the global financial markets, Trump replied that it was too bad but downplayed the role the so-called Brexit decision had played in riling the American stock market. He suggested there were larger factors involved. A lot of bad decisions, a lot of bad things happening in this world, Trump said.
Repeatedly pressed on what he would say to Americans worried about their retirement accounts, Trump straightened his white Make America Great Again hat, which had come loose atop his head. Americans are very much different. This shouldnt even affect them, he replied.
... And soon the rambling gaggle continued, as reporters pressed Trump on what he meant when he said Americans shouldnt be affected by the Brexit decision. Ideally, it shouldnt, the Republican hopeful said.
...Although he might not think the British vote to leave the European Union should affect the United States, a reporter told him, the countrys financial markets were taking a hit. [font color = blue]Nobody knows that,[/font] Trump interjected. Echoing comments he made Friday, he trashed Obama for getting involved in the vote.
S&P 500 down Friday by 76 points (3.6%), Dow down Friday by 610 points (3.4%)