Dave Portnoy, founder of Barstool Sports, publicly rejected Donald Trump's claim that a recent economic downturn was due to the previous administration. After Trump's first 100 days, it was reported that the U.S. economy had contracted for the first time since 2022, with a GDP drop of 0.3%. Trump attempted to shift blame onto Biden, asserting that the market is a reflection of Biden's policies, but Portnoy countered on social media that the current market should be seen as a reflection of Trump's presidency. He emphasized the need for patience without absolving Trump of responsibility.
What's that old expression? Don't piss down my back and tell me it's raining? Well that applies here, Portnoy said. The stock market is a direct reflection of Trump's 1st 100 days in office.
Tariffs will soon start kicking in, and companies are starting to move into the USA in record numbers. Our Country will boom, but we have to get rid of the Biden Overhang.
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