this post was submitted on 04 Apr 2025
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WASHINGTON (AP) — President Donald Trump offered a rosy assessment after the stock market dropped sharply Thursday over his tariffs, saying, “I think it’s going very well.”

“The markets are going to boom, the stock is going to boom, the country is going to boom,” he said when asked about the market as he left the White House to fly to one of his Florida golf clubs.

The Dow Jones Industrial Average dropped more than 1,600 points on Thursday as U.S. stocks led a worldwide selloff after the Republican president’s announcement of tariffs against much of the world ignited a shock like none seen since the COVID-19 pandemic.

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[–] 9point6@lemmy.world 47 points 1 day ago (3 children)

You know when we recently had one of our leaders crash our economy with right-wing vibe economics in the UK, we kicked her out of the job pretty quickly and now consider her a laughing stock.

Precedent has already been set with what you do in this scenario—what's taking you guys so long?

[–] takeda@lemm.ee 31 points 1 day ago (1 children)

Unfortunately US Constitution doesn't have easy way to kick him out. He won't be kicked without people rioting on the streets.

[–] graycube@lemmy.world 23 points 1 day ago (1 children)

Even then you'd need a majority of congress to be sympathetic to the rioters. Most of them are so isolated that chaos in the streets really wouldn't change their lives or opinions - except maybe to advocate for martial law and more deportations. We could try to vote them out in 2 years but that also seems unlikely unless a real opposition party emerges that actually gains traction.

Most of them are so isolated that chaos in the streets really wouldn’t change their lives or opinions

Emphasis mine. This has been said about every single ruling class ever. It has been proven wrong many times. The wealthy are afraid of the lower classes. Their lives depend on the status quo, and their lives change when the status quo changes. Otherwise they wouldn't press so goddamn hard on the boot.

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