The Legacy Press is Mysteriously Quiet as the Stock Market hits a Record High for the 3rd time Under Trump
The best way to see if a person is pushing an agenda to is play out different scenarios. If the entity or individual who is criticizing someone is setting up a situation where no matter what action a person takes they will be attacked, this kind of approach usually shows obvious and clear bias. It has now been nearly a decade since President Trump famously came down the escalator to announce his run for the Presidency, and the liberal press has been gaslighting and lying about Trump from the beginning.
The failing legacy media has lost all credibility with the American public, this institution is as irrelevant as it is dishonest. One of the main reasons this fact is true is the complete lack of accountability at left-wing news outlets pretending to be news networks such as MSNBC, CNN, CBS, and ABC. Every single one of these biased and failing stations suggested Trump’s announcement of tariffs was to blame for the market falling 10 percent in March of this year, even though that move off record highs was not even historically significant compared to prior equity market crashes such as in 2008 or 2020. Still, the left was quick to blame Trump for the market sell-off even though these individuals gave the President zero credit for stocks hitting record highs twice during his first administration.
The failing mainstream press is also now predictably very quiet about the fact that the stock market has hit what is now a third-record high under the President. There have been no price increases since the President’s announcement of tariffs, inflation remains at around 2 percent, and equities have rallied significantly as the market now understands Trump’s use of tariffs was always about rebalancing trade agreements and negotiating better deals, not starting any kind of larger economic conflict. The same left-wing radicals who blamed Trump for the market sell-off are not even mentioning or giving the President credit for the rally in equities. The very partisans pretending to be journalists who predicted massive inflation are also quiet with prices continuing to fall. Even energy markets have stayed calm despite the tension in the Middle East, with oil prices down nearly 10 percent since the beginning of the week after Trump helped broker a successful ceasefire with Iran and Israel. The stock market hit a record high today before closing just below those levels at the end of the day.
If the legacy media didn’t have double standards this failing institution would have no standards at all, and as is expected, the liberal press has zero accountability as well. The failing supposed news stations that pushed the Russian hoax for 2 years fired no one when that entire story turned out to be a lie, and these same decaying media outlets won’t admit that these left-wing partisans pretending to be journalists were wrong about Trump’s tariffs. The legacy press also won’t give any credit for markets hitting record highs either, even though the recent surge in stocks has been in significant part due to Republican legislation that would make the President’s 2017 tax cut permanent, keeping the corporate tax rate at 21 percent, and cap the capital gains tax rate at 20 percent. If Harris had won in 2024 she and the Democrats would have torn up Trump’s tax reform bill, and raising taxes on businesses and individuals likely would have caused a significant market sell-off.
The legacy media’s credibility has decayed over time to where we are today, the fall did not happen overnight. The liberal press’s decisions to consistently report incorrect and misleading news about Trump, not give the President credit when he has obvious achievements, and never hold themselves accountable, have ultimately made this once venerated institution all but irrelevant today. Today, the media landscape is much more decentralized now, with podcasts and social media replacing much of the market share that the legacy press used to dominate. If any President other than Trump were in office, the media would mention the market hitting a record high under their watch, and the fact that these so-called news outlets blamed the President for stocks selling off just 2 months ago, but still are unwilling to give him any credit for the recent rally, is telling. The double standards Trump has faced for nearly a decade now are historic, but the President’s results speak for themselves.
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Author: Brandon Katz
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