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Trump Hopes for Economic Crash, Predicts Stock Market Crash if He Doesn't Win 2024 Election

Biden Responds, Calling Trump 'Herbert Hoover', as Democrats Criticize Trump's Comments

  • Donald Trump, the likely GOP nominee, has publicly stated that he hopes for an economic crash within the next 12 months, drawing parallels with former President Herbert Hoover, who presided over the Great Depression.
  • Trump believes the stock market is rising because he is leading in the polls against President Joe Biden, and predicts a crash if he does not win the 2024 presidential election.
  • President Biden has responded directly to Trump's comments, stating that Trump 'already is Herbert Hoover' and highlighting that Trump was the first president since Hoover to leave office with fewer jobs than when he came in.
  • Trump's comments have been criticized by Democrats, who argue they show a disregard for the potential suffering of millions of Americans in a recession.
  • Despite the controversy, Trump continues to lead in most election polls for the 2024 presidential election.
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