Biden shared a throwback video of Trump predicting before the 2020 election that if Biden won there would be a stock market collapse
The president, 81, celebrated the record-high stock market numbers on Monday by sharing a throwback video of Trump, now 77, predicting before the 2020 election that if Biden won there would be a stock market collapse.
“Good one, Donald,” Biden wrote in his caption as he posted the past video of Trump alongside a recent Fox News broadcast of the Dow rising by 138.01 and the S&P 500 rising by 10.62.
“If Biden wins you’re gonna have a stock market collapse, the likes of which you’ve never had,” Trump said in the throwback video. “You will have a collapse.”
Left: Trump in 2020 saying the stock market will collapse if President Biden wins
Right: The Dow and S&P 500 hitting all-time record highs today pic.twitter.com/UgcFRnCeRJ
— Biden-Harris HQ (@BidenHQ) January 22, 2024
Earlier this month, Trump again predicted a stock market crash.
“And when there’s a crash, I hope it’s gonna be during this next 12 months, because I don’t wanna be Herbert Hoover,” he told Lindell TV host Lou Dobbs, per Huffpost. “The one president I just don’t want to be, Herbert Hoover.”
Biden’s stock market celebration comes ahead of year's first Democratic primary election in New Hampshire on Tuesday, even though he won't actually appear on the ballot due to a Democratic National Committee rule.
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New Hampshire disobeyed the DNC by scheduling its Democratic primary before the other 49 states (the DNC previously announced that South Carolina was chosen to be the first Democratic primary-voting state in 2024). To avoid defying the DNC himself, Biden did not file to be on New Hampshire's ballot.
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