Wall Street Got Its Tax Cut, and Now It’s Depressed

I don’t follow the stock market super closely, but I was curious about why I haven’t heard Donald Trump bragging about it lately. This is why:

The market seems to have spiked in anticipation of the tax cut, but then it slumped once it finally got its tax cut. Kinda strange. I guess they’ve got nothing to look forward to now except three years of Trump doing God-knows-what to wreck the economy in service of whatever moronic ideas happen to flit across his brain or capture his attention from Fox & Friends. That’s tough luck, guys, but you know what they say about lying down with dogs.

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DEMOCRACY DOES NOT EXIST...

without free and fair elections, a vigorous free press, and engaged citizens to reclaim power from those who abuse it.

In this election year unlike any other—against a backdrop of a pandemic, an economic crisis, racial reckoning, and so much daily crazy—Mother Jones' journalism is driven by one simple question: Will America will move closer to, or further from, justice and equity in the years to come?

If you're able to, please join us in this mission with a donation today. Our reporting right now is focused on voting rights and election security, corruption, disinformation, racial and gender equity, and the climate crisis. We can’t do it without the support of readers like you, and we need to give it everything we've got between now and November. Thank you.

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