Over the last week, Democrats throughout the country have been essentially praying for the stock market to crash and the economy to tank. Once again, Democrats did their best to scare people into thinking they were going to lose their life savings and experience financial ruin due to President Donald Trump’s policies.
They predicted doom and gloom, economic fire and brimstone, locusts, and whatever other financial plague they tried to summon. These baseless forecasts by Democrats are nothing new. Consider some of their claims over the last five years.
Let’s not forget their doomsday predictions during the 2024 presidential election in which Democrats warned that if Trump won the election, democracy would be over. Trump did win, democracy didn’t end, and, in fact, the left-wing political party wound up winning multiple special elections in the country since Trump’s victory.
In 2017, regarding the Tax Cut and Jobs Act of 2017, Rep. Nancy Pelosi (D-CA), perhaps the Democrat’s grandest doomsdayer, claimed the legislation would eventually devastate the middle class and that only wealthy and affluent people would benefit. As history has shown, this was not true. Pelosi was wrong and just fearmongering.
In 2018, during the Supreme Court confirmation hearings for Brett Kavanaugh, Democrats predicted that if confirmed, society would regress and it would be detrimental for women. Then-Sen. Kamala Harris predicted that Kavanaugh on the bench would present an “existential threat to the health care of hundreds of millions of Americans.” Much like many of the things Harris predicted, she, too, was wrong.
And who could forget the Democrats’ scare tactics regarding voter reform laws in Georgia in 2022? They claimed the legislation was an act of voter suppression, targeting disenfranchised people and making it more difficult to vote. And then, in the first election after the new legislation went into effect, the state set a record for early voting numbers. None of the left-wing pearl-clutching hysterics was true. It was all a lie meant to frighten citizens.
There’s also the Democrats’ history of doom, gloom, and incorrect assertions that happened during the pandemic, similar to their inaccurate forecast of a “Black Monday.” For example, while the country was reeling from COVID, Democrats provided a long list of hysterics that ultimately proved untrue, including the efficacy of wearing masks to stop COVID spread and claims that the COVID vaccine would prevent people from getting sick and spreading the virus.
The so-called “Black Monday” that Democrats were anticipating and salivating over during the weekend never came to fruition. Sure, the country’s markets have trended downward for the last week. Unquestionably, the markets were better before Trump’s tariff announcements a week ago than today. However, the doomsday prognostications and predictions of a devastating stock market crash on Monday did not happen. It was the latest example of the left-wing performative political hysteria that continues to plague this country.
In fact, the stock market fared much better than Democrats said it would. And not only did a “Black Monday” not happen, but the Nasdaq increased, going from 14978.03 at opening to 15603.26 at Monday’s closing. This isn’t to say everything is good with markets. It’s not, and saying so would be almost as egregious as the Democrats’ forecast for impending financial doom. After all, the Dow Jones did drop, albeit less than 1% (0.91% decrease at Monday’s close), and the S&P 500 also decreased. Things could undoubtedly be better. But they are also a far cry from the Democrats’ predicted Armageddon.
Furthermore, this was only one day. On Tuesday, there were more decreases in the market. However it was still nothing of the kind of meteoric collapse that Democrats predicted, let alone predicted for Monday.
Volatility is extremely high, and market conditions are expected to worsen before they improve. The drama surrounding the tariffs and the subsequent retaliation from China’s government sent international markets into a tailspin. This is in no way a victory lap. Market fluctuations and downward trends can have significant economic consequences on people’s individual finances.
However, the outright irresponsibility and hyperbolic, hysterical predictions that the Democrats made over the last week, and for which they hoped, should result in some form of condemnation and, more importantly, accountability.
REPUBLICANS LOOK TO KEEP THE ESTATE TAX AT BAY
Disagreeing with political policy or opposing economic agendas and presidential actions is one thing. It is another to yearn for a president’s policies to fail, hoping it would cause financial turmoil. Democrat antics were dangerous, reckless, and irresponsible. They played political roulette with the finances of the country’s people — and continue to do so. Regardless of one’s opinions on Trump’s tariffs, he is doing it because he thinks, rightly or wrongly, they will benefit the country in the long term. Democrats, meanwhile, are acting purely out of selfish and disingenuous motives.
Since voters rejected the Democratic political platform in November, they’ve resorted to clamoring for the country to suffer from economic ruin, hoping it would lead to voter anger and dissatisfaction and a path for their return to political power in the next election. They consider voters’ financial strife collateral damage in their thirst for political power, influence, and prestige.
