Lawrence: Trump plunging stock market to its ‘Make America 1932 Again’ moment
MSNBC’s Lawrence O’Donnell details how no president until Donald Trump has been “stupid enough” to roil the stock market by attacking the Federal Reserve chair, attacks that, along with Trump’s tariffs, have tanked the stock market into its “1932 performance level.”
For more context and news coverage of the most important stories of our day click here: https://www.msnbc.com/
» Subscribe to MSNBC: https://www.youtube.com/msnbc
» Subscribe to MSNBC on TikTok https://www.tiktok.com/@msnbc
» Subscribe to MSNBC on Instagram https://www.instagram.com/msnbc
Download our new MSNBC app for the latest breaking news and daily headlines at a glance: https://www.msnbc.com/information/download-msnbc-app-n1241692
Follow MSNBC Show Blogs
MaddowBlog: https://www.msnbc.com/maddowblog
ReidOut Blog: https://www.msnbc.com/reidoutblog
MSNBC delivers breaking news, in-depth analysis of politics headlines, as well as commentary and informed perspectives. Find video clips and segments from The Rachel Maddow Show, Morning Joe, The Beat with Ari Melber, Deadline: White House, The ReidOut, All In, Last Word, 11th Hour, and Alex Wagner who brings her breadth of reporting experience to MSNBC primetime.
Connect with MSNBC Online
Visit msnbc.com: https://www.msnbc.com/
Subscribe to the MSNBC Daily Newsletter: https://link.msnbc.com/join/5ck/msnbc-daily-signup
#stockmarket #trump #jeromepowell
40 comments
MAGA will enjoy losing their 401 k retirement
The longer Trump is your President dictator, the worse America will suffer, and it will get a lot worse, because Trump just doesn't care! I am only surprised at how surprised, the American people are by whats happening to your country, your reputation, and your honour! Its not like it's Trump first rodeo as your President! How could you forget Covid? well at least a million of you who needlessly died because of Trump, won't be in a position to forget! For his intentional criminal negligence. in handling Covid, he should have been put in prison for mass murder!
Comical vacilating between, yes we made a mistake. No we did not make a mistake.
Trying desperately to have it both ways depending on which direction the wind blows.
Disgusting
MAGDA
Make America Great Depression Again
LAWRENCE, Tom Hartmann had a whole show on this, crshing the economy on purpose. WATCH IT! PLEASE!
Well, this happens when you vote a known incompetent imbecile into office. His former staffer was absolutely correct when he stated: "He is morally bankrupt, breathtakingly dishonest, lethally incompetent, and stunningly ignorant of virtually anything related to governing, history, geography, human events or world affairs." Clearly, one can add basic economics to this list.
Life is great no complains here in Texas
90 times over earnings; when should it have crashed Lawrence at 91 times? 89 times? A crash was inevitible and your moronic attitude surrounding the topic says it all – Lawrence, financially speaking, is a dolt.
What a stupid, stupid, analogy! Comparing anything to 1932 is nothing more than ignorance.
Notable that Ms. Nissan said, "Once those prices go UP, they're not coming BACK DOWN."
If we depose the lawless, super-dumb Diaper Don regime:
Retailers WILL NEVER drop prices?
We will FORCE THEM TO: If they aren't paying for a tariff, they WILL BE FORCED to lower prices.
Outlaw price-gouging.
Leave it to Trump to aspire to achieve the 'Most Stupid President Ever'.
This is a double edge sword, economy going down and it’s uncertain, thousand and thousand of people losing jobs, we have not seen or felt the worst of it yet. Hold on to your money for now.
All who voted 🗳 for 47. They voted 🗳 to hurt people because they Anti-Hate, Anti-Blackness, Misogynistic, Sexist, Racist. * 1932- 1945 A. Hitler. This is WHY Babylon is falling. ⚪️ Devils 😈
Lawrence Jones is Far DEI. It's no longer Far Left and Far Right.
impossible to watch with all the commercials. 'Thanks' U-tube.
The following question is then logical: Has DT ever taken responsibility for anything?? His life and history should be of guidance. Always pay attention to the actions of any politician and not what they say??
DJT – in 78 days from MAGA to MAST. Making America Second Tier
The Smoot Hawley tariff act crashed the stock market the first time. Why would anyone want to repeat it. Trump did it! Does Trump having someone pulling his strings or is this Trump being stupid. Either way, there is enough against him to have him removed. So, why is he still president?
Thank You Lawrence 💙
Everything dump has done has been done by breaking or skirting the laws. Our Senate and Congress can stop him. Shameful and will be remembered at the polls.
History repeats itself. This is what America voted for.
Trumps gonna run America like a business!!! Yeah, like one of HIS businesses.
Trump stated just say something over and over again the minority will believe and that is how I got vote. None of these people have are educated. I believe it.
All of Congress is getting richer because of inside trading they are SMART.
All of you have read 😅Trump wrong!! He knows when he tanks the stock market, his billionaire friends and his families will make $$$$billions when he turns it up again. Remember, he happily pointed to 2 billionaire friends on TV…" You made $1.2 billions n you made $900 millions in one day. ( after Trump declared "pause" 90 days for tariff) How many more of his billionaire friends & his families made hundreds of million$ or billions$ in that one day??? How did all these people know that the stock was going to rise again on tbat day? Why are Americans so naive, including the media, Congress, FBI or too afraid of such a powerful mafia President??
Since 10% of Americans own all the stock.
Just who are liberals fighting for? The ultra elite and gang banger illegals.
The weirdo must go
You would think them dumb maga idiot's would realize this ? DA
Donny’s Tariffs are paid by customers in the U.S. When will the Republican Party stop this insane tax? Tariffs have not been implemented yet and some companies are laying off. When will the Republican Party start take notice? Who will stand up to this stupid, Donny Tromp? Congress must stand up and be counted (grow a back bone).
All minorities are very educated. Some can figure a budget better than Trump.
Key word when describing the orange psychopath: "stupid"
With all the firings and, because they were fired for poor job performance, are unable to qualify for unemployment, is the unemployment rate at 23% today?
This is what Republican voters voted for. Nobdy is surprised and republican voters wouldn't change their votes if they could! They voted for a guy who said he would be a dictator…. No surprises anywhere no.
He bankrupt his own businesses! and now our country!!!!!!
Brother – the things that will destroy America are prosperity at any price, peace at any price. safety first instead of duty first and the love of soft living.
He is eating the stocks he is eating America alive and eating the golfballs.😂
I said that from Jump Street, 29'-32' will look like a Tiker Tape Parade compared to what trump is doing, trump will take this country lower than ever before,……
Hello Lawrence:
As you know, nearly one-hundred (100) years ago in 1929, the Great Depression commenced. Herbert Hoover was president and the Smoot-Hawley tariffs were created and implemented to be a remedy. It never happened until Franklin Delano Roosevelt became president for four (4) terms until he passed in office. Fast forward to 2025 and we see a U.S. president in Trump and issue tariffs vis-a-vis executive orders. The American Stock Market plummeted dramatically and the list of worth over several days of plummeting was estimated to be in the vicinity of six (6) trillion dollars. Thus, the retirement plans of millions of Americans were devalued substantially and it happened abruptly. Furthermore, the Treasury Bond Market has now become unstable. This has contributed to the apparent economic instability that is currently happening in America. Is there a prospect for economic-recovery? It doesn’t appear to be going to happen anytime soon. The decision to apply tariffs to every country on the planet was probably the worst presidential policy decision since Hoover supported the Smoot Hawley tariffs nearly one-hundred years ago in my humble opinion. DRJDC
Make Depressions Great Again!
The truth is, the fault of the tariffs lies with Congress. The Constitution gives the power to control tariffs to Congress. Article 1 section 8 states : "Congress shall have the power to lay and collect taxes, duties, imports and excises . . ." If Congress weren't made up of cowards none of this would be happening. Trump has zero self awareness. He most likely has no idea what he is doing but he continues to blame everyone but himself for his own failings. He carries the same delusional thinking into foreign affairs. He really thinks everyone is ripping off the US. And he will continue to blame Joe Biden.
Comments are closed.