Because this is the final day of 2022, let’s go back nearly a year to what President Biden was saying about the stock market at the beginning of the year and then compare & contrast to what happened:
Fast-forward about a year and there’s another Biden brag that aged horribly:
Joe Biden, January 2022: The stock market “has hit record after record after record on my watch”
The stock market just had its worst year since 2008. pic.twitter.com/1Kw8wmGv32
— RNC Research (@RNCResearch) December 30, 2022
Biden, January 2022: “The stock market has hit record after record after record on my watch"
⭐️ This year, $18 trillion was wiped out from the stock market, per Forbes.
⭐️ The stock market just had its worst year since 2008.pic.twitter.com/PpbZCmvGCL
— Ian McKelvey (@ian_mckelvey) December 31, 2022
Everybody’s 401Ks and other retirement accounts are hardest hit by what’s happened on Biden’s “watch”:
Congratulations.
If you are reading this, you have survived the worst stock market performance since 2008.
— unusual_whales (@unusual_whales) December 30, 2022
The stock market experienced its worst year this year since 2008. pic.twitter.com/pDuinJfaVc
— TODAY (@TODAYshow) December 31, 2022
“The stock market has hit record after record on my watch” didn’t age well at all for the rest of the year:
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Stocks slipped on Friday to end a brutal 2022 with a whimper, as Wall Street wrapped up its worst year since 2008 on a sour note.
The Dow Jones Industrial Average slid 73.55 points, or 0.22%, to close at 33,147.25. The S&P 500 shed 0.25% to end at 3,839.50. The Nasdaq Composite ticked down 0.11% to 10,466.88.
Friday marked the final day of trading in what has been a painful year for stocks. All three of the major averages suffered their worst year since 2008 and snapped a three-year win streak. The Dow fared the best of the indexes in 2022, down about 8.8%. The S&P 500 sank 19.4%, and is more than 20% below its record high, while the tech-heavy Nasdaq tumbled 33.1%.
When does the “Build Back Better” portion of “Build Back Better” begin?
Who is feeding him the information that comes out of his mouth? pic.twitter.com/duzdv4AjSs
— Bert (@Virgi098765) December 31, 2022
JUST IN: The US stock market closes out its worst year since 2008 wiping out over $8.3 trillion in 2022. pic.twitter.com/wvCAofEDod
— Not Financial Advice (@notnotadvice) December 31, 2022
Well that is a record .. just a record low.. he didn't lie 😂😂😂 https://t.co/eAjPEztQ3e
— Truth Seeker 🇺🇸 (@TruthSeekerIIII) December 31, 2022
We’ll also let White House chief of staff Ron Klain get in on the “aged badly” action:
13 months apart pic.twitter.com/tf7pWexr4x
— John Hasson (@SonofHas) December 31, 2022
Womp womp!
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Related:
Financial wiz says the drop in the stock market ‘literally means nothing’ to the average American
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