Eric Trump once again conflated the economy with the stock market, angering people on Twitter.
President Donald Trump’s son on Wednesday boasted about the soaring Dow Jones index, claiming “the radical left is melting down as we speak knowing that our economy is roaring back to life!!”
The Dow is on 🔥🔥🔥
— Eric Trump (@EricTrump) September 2, 2020
You know the radical left is melting down as we speak knowing that our economy is roaring back to life! !#USAUSAUSA pic.twitter.com/YoVwPrQRh3
Twitter users pointed out ― as they have done to Eric Trump on previous occasions ― that the stock market is not the economy and that a rising index does not necessarily help the millions of people who have become unemployed because of the coronavirus pandemic.
The unemployment, do you really think Americans care about the DOW? They care feeding their families and having a roof over their heads. pic.twitter.com/62fBJMfasR
— Joe Reyes (@king_jefe63) September 2, 2020
PSA: the stock market is not the economy.
— Bryan 🇺🇸 #PoliceThePolice (@swimmerbr78) September 2, 2020
A tale of two headlines. pic.twitter.com/hdICWjHGne
— Michael Drake (@mikedrake178) September 2, 2020
Tone deaf tweet as usual. The stock market is doing well?! What does that tell you—that the wealthy have been able to scoop up cheap stocks. Over 57 million people have filed for unemployment since March. Over a million people filed last week. Only your pants are on 🔥 🔥 🔥
— carrie ochs toledo (@scraptordelight) September 2, 2020
Once again, Eric, please take an economics course or at least get the basics. The stock market is only one part of measuring the economy. Note our horrible unemployment rate and ballooning deficit just to name a few.
— Viking Mike (@kennemca) September 2, 2020
Oh, look, the graph of rich people's feelings is trending upwards as poor people face pandemic death, mass unemployment, and evictions. Seems about right.
— 'Radical' Russ 🌹 Trump is Evil & RBG is Old (@RadicalRuss) September 2, 2020
The stock market reflects the wealth of people in the market. Most working class people judge wealth by the amount of food in the grocery cart.
— @Racism_Is_Stupid (@RacismIzStupid) September 2, 2020
The Dow is not a good measure of the economy as a whole; that would be the GDP. So, try again and take an Econ class.
— Mitten Momma (@TheMittenMom2) September 2, 2020
Wow Eric .... I really thought you were smarter than this!
— Diana Mac (@pofok53) September 2, 2020
The Stock Market is not the Economy.
We have millions of Americans that are looking at being evicted for being behind in rent.
Food Banks have lines that stretch for miles to try and get food to feed their families.
People who don't have enough money for food and rent will be thrilled to know the DOW is doing so well.
— The Canada Party (@theCanadaParty) September 2, 2020
THE STOCK MARKET IS NOT THE ECONOMY!!
— I'm Just Dan (@DanielAshley13) September 2, 2020
THE STOCK MARKET IS NOT THE ECONOMY!!
THE STOCK MARKET IS NOT THE ECONOMY!!
THE STOCK MARKET IS NOT THE ECONOMY!!
LOVE MEEEE DADDY!! LOVE MEEEE!!
Who's going to tell little Eric that the stock market is not the economy?
— William. Ignoring GOP fear tactics. (@VMacCog) September 2, 2020
Who's going to tell little Eric that the stock market is up because the Fed is pumping in $Trillions to prop it up for November?
Our 2024 Coverage Needs You
It's Another Trump-Biden Showdown — And We Need Your Help
The Future Of Democracy Is At Stake
Our 2024 Coverage Needs You
Your Loyalty Means The World To Us
As Americans head to the polls in 2024, the very future of our country is at stake. At HuffPost, we believe that a free press is critical to creating well-informed voters. That's why our journalism is free for everyone, even though other newsrooms retreat behind expensive paywalls.
Our journalists will continue to cover the twists and turns during this historic presidential election. With your help, we'll bring you hard-hitting investigations, well-researched analysis and timely takes you can't find elsewhere. Reporting in this current political climate is a responsibility we do not take lightly, and we thank you for your support.
Contribute as little as $2 to keep our news free for all.
Can't afford to donate? Support HuffPost by creating a free account and log in while you read.
The 2024 election is heating up, and women's rights, health care, voting rights, and the very future of democracy are all at stake. Donald Trump will face Joe Biden in the most consequential vote of our time. And HuffPost will be there, covering every twist and turn. America's future hangs in the balance. Would you consider contributing to support our journalism and keep it free for all during this critical season?
HuffPost believes news should be accessible to everyone, regardless of their ability to pay for it. We rely on readers like you to help fund our work. Any contribution you can make — even as little as $2 — goes directly toward supporting the impactful journalism that we will continue to produce this year. Thank you for being part of our story.
Can't afford to donate? Support HuffPost by creating a free account and log in while you read.
It's official: Donald Trump will face Joe Biden this fall in the presidential election. As we face the most consequential presidential election of our time, HuffPost is committed to bringing you up-to-date, accurate news about the 2024 race. While other outlets have retreated behind paywalls, you can trust our news will stay free.
But we can't do it without your help. Reader funding is one of the key ways we support our newsroom. Would you consider making a donation to help fund our news during this critical time? Your contributions are vital to supporting a free press.
Contribute as little as $2 to keep our journalism free and accessible to all.
Can't afford to donate? Support HuffPost by creating a free account and log in while you read.
As Americans head to the polls in 2024, the very future of our country is at stake. At HuffPost, we believe that a free press is critical to creating well-informed voters. That's why our journalism is free for everyone, even though other newsrooms retreat behind expensive paywalls.
Our journalists will continue to cover the twists and turns during this historic presidential election. With your help, we'll bring you hard-hitting investigations, well-researched analysis and timely takes you can't find elsewhere. Reporting in this current political climate is a responsibility we do not take lightly, and we thank you for your support.
Contribute as little as $2 to keep our news free for all.
Can't afford to donate? Support HuffPost by creating a free account and log in while you read.
Dear HuffPost Reader
Thank you for your past contribution to HuffPost. We are sincerely grateful for readers like you who help us ensure that we can keep our journalism free for everyone.
The stakes are high this year, and our 2024 coverage could use continued support. Would you consider becoming a regular HuffPost contributor?
Dear HuffPost Reader
Thank you for your past contribution to HuffPost. We are sincerely grateful for readers like you who help us ensure that we can keep our journalism free for everyone.
The stakes are high this year, and our 2024 coverage could use continued support. If circumstances have changed since you last contributed, we hope you'll consider contributing to HuffPost once more.
Already contributed? Log in to hide these messages.