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President Joe Biden, the quintessential establishment politician, knows how to play the game. He takes credit for good things in which he had no hand and deflects responsibility for problems he has caused.
How satisfying, therefore, when reality delivers him a swift and unmistakable correction.
Saturday on the social media platform X, the president touted a positive economic indicator, only to learn on Tuesday that that precise indicator had taken a sudden nosedive.
Biden — or more likely the staffer/intern who controls his social media account — highlighted the stock market’s S&P 500.
“Good news for folks as we start the weekend. The stock market going strong is a sign of confidence in America’s economy,” the post read.
In that case, what does a plummeting stock market signal?
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