{"id":65966,"date":"2025-04-13T13:45:59","date_gmt":"2025-04-13T20:45:59","guid":{"rendered":"https:\/\/www.newscorpse.com\/ncWP\/?p=65966"},"modified":"2025-04-13T15:08:45","modified_gmt":"2025-04-13T22:08:45","slug":"the-trump-index-while-trump-tanks-the-us-economy-whats-going-on-with-the-trump-cult-economy","status":"publish","type":"post","link":"https:\/\/www.newscorpse.com\/ncWP\/?p=65966","title":{"rendered":"THE TRUMP INDEX: While Trump Tanks the US Economy, What’s Going on With the Trump Cult Economy?"},"content":{"rendered":"

On what Donald Trump called “Liberation Day”<\/em> (April 2, 2025) – the day that he liberated most Americans from the funds in their savings and retirement accounts – he promised to revitalize the U.S. economy and bring millions of jobs back from foreign countries that he said were ripping off America by selling way too much of what they produce to American buyers eager for bargains.<\/p>\n

Click here to post this article on Twitter<\/a> or Click here to post on Bluesky<\/a><\/strong><\/p>\n

\"Trump<\/p>\n

Yes, that complaint makes no sense whatsoever to anyone with a 6th grade grasp of economics. Which eliminates Trump. But it is what Trump and his MAGA minions are insisting is the brilliant plan that is elevating the United States to new heights of wealth and is working precisely as it was intended, despite his having reversed course several times and capitulated meekly to foreign adversaries.<\/p>\n

SEE THIS: Trump Cult Priestess, Karoline Leavitt, Preaches to \u2018Trust in Trump\u2019 to Bring Economic Salvation<\/a><\/strong><\/p>\n

In the two weeks that have transpired since being “liberated,”<\/em> the stock market has gyrated wildly and ended up about 2,000 points lower than where it was before Trump’s tariff blunders, and 4,000 points below where it was when he inherited it from President Biden.<\/p>\n

So while the nation – and the world – is suffering the dreadful consequences of Trump’s purposeful incompetence, it seems like a good time to see how all of this has affected what could be called the “Trump Index”<\/em> a bundle of investments affiliated with the confounder-in chief.<\/p>\n

Trump Media and Technology Group (DJT):<\/strong>
\nThe natural place to begin is with Trump’s own business that is the parent of his failing Twitter ripoff, Truth Social<\/a><\/strong>. Investors in this dog have lost about 50% from its price on Trump’s inauguration day twelve weeks ago. And it’s down a whopping 89% from its all time high.<\/p>\n

Trump Meme Coin:<\/strong>
\nThis is Trump’s entry into cryptocurrency that he launched on the day before his inauguration. And its performance since then has been a dismal decline of about 90%.<\/p>\n

Newsmax (NMAX):<\/strong>
\nThis notoriously pro-Trump MAGA media outlet went public about two weeks ago. Since then it has dropped 91% from its trading highs, making early investors significantly poorer, while simultaneously making them significantly more ignorant.<\/p>\n

Rumble (RUM):<\/strong>
\nThis is the MAGA world answer to YouTube. They record and post virtually every public appearance by Trump with unabashedly biased commentary from their Trump-fluffing correspondents. It has declined 43% since Trump’s inauguration.<\/p>\n

Tesla (TSLA):<\/strong>
\nThe automaker headed up by Trump’s billionaire oligarch, co-president, and director of the phony Department of Government Efficiency (DOGE), Elon Musk, has suffered a sever decline of 41% since Trump was sworn into office in January.<\/p>\n

But not to worry. Trump and his cabal of billionaires will be just fine. They may have lost a small portion of their wealth, but only their loyal cult followers will feel the brunt of these abysmal investments. The the real targets of their economic assault – the American people – will be the most seriously wounded victims of this class war. And of course, it is, as Trump and his cohorts insist, all going according to their plan. Comforting, isn’t it?<\/p>\n

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