U.S. House Rep Jim Jordan (R-OH) triggered leftists today with a suggestion that “Your 401k misses President Trump.”
Jordan made the suggestion in a tweet which went viral and caused “My 401k” to trend as people discussed the “current and former states of their 401(k).”
One anti-Trump Twitter user replied to Jordan, “My 401K is smart enough to know that the stock market is higher today than when Trump left office.”
My 401K is smart enough to know that the stock market is higher today than when Trump left office.
— Bring Donald Trump to Justice (@FireTrumpToday) May 9, 2022
Another “resister” claimed, “My 401k is doing great. I don’t think you are qualified to make that statement Gym.”
My 401k is doing great. I don’t think you are qualified to make that statement Gym
— Miz Anthrope (@jenaglez) May 9, 2022
U.S. stocks slid today to extend last week’s losses as the Dow Jones shed more than 650 points, or 2%, to finish at its lowest level since March 2021.
Joe Biden, meanwhile, said today, “My top priority is fighting inflation and lowering prices for families and things they need.”
The statement came during an announcement that 20 broadband providers have agreed to lower costs and increase speeds for high-speed internet plans for low-income people across the country.
“Today’s announcement is going to give millions of families a little more, a little more breathing room to help them pay their bills,” Biden insisted.
The Bureau of Labor Statistics’ April Consumer Price Index (CPI) is due out Wednesday and will be one of the most closely watched economic reports this week.
In March, the CPI jumped 1.2%, driven by the higher cost of gasoline, food, and housing and the annual rate, at 8.5%, was the highest in 40 years.
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