The Last Time the Economy Was This Bad, It Was the Great Depression
Donald Trump
It’s a pretty bad sign when people start making comparisons to the Great Depression, right? The Wall Street Journal reported Monday that after the Dow Jones Industrial Average shed nearly 1,000 points, it was “headed for its worst April performance since 1932.” But that wasn’t the only historically significant market drop. The S&P 500, which has dropped nine percent since Donald Trump announced his destabilizing “reciprocal tariff” policy earlier this month, has seen the worst performance
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