Biden flaunts inventory market document highs, mocks Trump for predicting ‘collapse’

President Joe Biden paraded this week’s inventory market record highs Friday in a brand new campaign video that trolled his predecessor, Donald Trump, for predicting a market collapse if Biden have been elected.

“Good one, Donald,” Biden wrote within the put up on X.

Throughout the 2020 presidential marketing campaign, then-President Trump claimed, “If Biden wins, you’re gonna have a stock market collapse the likes of which you’ve never had.”

The video replayed that clip, adopted by soundbites of stories anchors touting the inventory market’s current positive factors. One memorable snippet confirmed Larry Kudlow, Trump’s former high financial aide, marveling on the market’s efficiency on his Fox Enterprise present.

“Uh, let’s just talk for a moment about the stock market. Boom,” Kudlow says.

Dealing with the prospect of a rematch with Trump in 2024, Biden is seizing on the inventory market positive factors to attempt to get by means of to voters.

The video displays a rising willingness by the Biden marketing campaign to take direct intention at Trump, who leads the Republican major discipline by greater than 40 factors.

It additionally displays a shifting tone from the Biden marketing campaign, which has spent the previous yr centered on a optimistic message and touting Biden’s financial positive factors and job creation.

However this technique has thus far didn’t resonate with voters, polls show. A pivot to extra adverse marketing campaign messages, and reminding voters of how Trump ruled in workplace, might assist to energise disaffected Democrats.

A poll final month from The New York Occasions and Siena School discovered voters trusted Trump — who inherited a stronger financial system than Biden did and left workplace in the midst of the pandemic — over Biden, on the financial system.