As the Dow Jones Industrial Average continued to plummet—down another 623 points as of 5:10pm Friday—President Donald Trump looked to make light of the situation while taking a jab at a former Democratic presidential candidate.
Trump—who spent most of his presidency to date trading on the economic upturn created by President Barack Obama to indicate his own success—took to Twitter Friday afternoon and posted:
"The Dow is down 573 points perhaps on the news that Representative Seth Moulton, whoever that may be, has dropped out of the 2020 Presidential Race!"
Most economists blame the Dow's drop on the trade wars Trump chose to start with most of the United States' trading partners and the GOP's massive tax cuts to corporations and the wealthy—while removing exemptions and deductions for the middle class. Also not helping was another Trump tweet "hereby ordering" companies to find alternatives to China.
Some cited an even more nefarious purpose to the President posting tweets with the potential to drop the Dow.
As for Trump's attempted joke, if the President truly did not know who Massachusetts Democratic Representative Seth Moulton was, he quickly got an education.
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Moulton may be familiar to many online after his response to the Orlando nightclub shooting in 2016 where a man with a semi-automatic rifle and pistol murdered 49 people and injured 53 more.
Moulton—elected in 2015—posted:
In an almost ironic twist, President Trump recently spoke to military veterans at the AMVETS 75th National Convention.
People called Trump out for once again insulting a veteran.
In addition to the attack on United States Marine Corps veteran Moulton, people found jokes about the failing economy distasteful.
Although one person thought the attempted online bullying of Representative Moulton had another reason.
Trump previously tried to blame the faltering economy on the media.
Moulton did not respond to the President's insults. Instead he focused on those who helped with his campaign...
...and helping his fellow veterans.
Representative Seth Moulton may be out of the presidential race, but the 2020 election will determine a direction for the future.
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