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Excerpt from www.dailykos.com
Inflation slowed in May more than anyone was predicting. The markets soared in response to this latest round of good news, which comes just days after a “blowout” employment report showed broad-based gains in all areas of the job market.
In January, Donald Trump told conservative radio host Lou Dobbs that he was pulling for the economy to crash in 2024. Trump described the economy as “fragile,” said that the nation was about to “hit a wall,” and worried that he’d be left looking like Herbert Hoover if the stock market didn’t crash before the election.
That wasn’t the first time Trump predicted an economic crash. In the 2020 election, Trump centered the potential of a stock market crash if Joe Biden was elected in his campaign speech. He also predicted that Biden would bring on an economic depression, and he’s been making more predictions of doom ever since.
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