The Republican National Committee picked an odd time to boast about the stock exchange.
While the Dow Jones Industrial Average has steeply dropped over the past month, it rallied on Tuesday to publish its most significant one-day portion gain considering that 1933, when the nation was in the midst of the Great Anxiety. The jump came amid reports lawmakers were nearing a deal on a plan to boost an economy that’s nearly come to a grinding halt due to the coronavirus pandemic.
The RNC shared a clip of President Donald Trump extoling the marketplace, then fired off a possess its own:
Dow posts BIGGEST percent gain given that 1933 https://t.co/ofzjcTu6lp
— GOP (@GOP) March 24, 2020
However as the RNC’s critics on Twitter were quick to point out, the gain didn’t come close to erasing the enormous losses that have seen the marketplace lose about a 3rd of its value and eliminate essentially all of the gains made considering that Trump took workplace in 2017:
Me: gains 500 pounds
Me: loses 30 pounds
Me: “wow quite significant weight-loss, I’m in good shape!”
— Brendel (@Brendelbored) March 24, 2020
Great sign! 1933 was certainly the start of a glorious financial boom!
— Elizabeth Picciuto (@epicciuto) March 25, 2020
Lmao
— Molly Knight (@molly_knight) March 25, 2020
This is a record too … pic.twitter.com/nqalSL5y2U
— Winston Smith (@gaslightingus2 ) March25,2020
That’s nice. Embarassment about all the death tho.
— Michael Marshall Smith (@ememess) March 24, 2020
awwwwwwwwww yeah time for some more of those Roaring Thirties
— Max Kennerly (@MaxKennerly) March 24, 2020
Cool now do the month.
— Brian Tyler Cohen (@briantylercohen) March 24, 2020