this post was submitted on 09 Jan 2024
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politics

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Former President Donald Trump predicted the US economy would “crash,” saying he hoped it would do so within the next year – before he would assume the Oval Office should he win a second term in November.

“When there’s a crash, I hope it’s going to be during this next 12 months because I don’t want to be Herbert Hoover. The one president – I just don’t want to be Herbert Hoover,” Trump said in an interview that aired Monday on the right-wing platform Lindell TV.

The US stock market crashed during former President Herbert Hoover’s first year in office in 1929, which signaled the beginning of the Great Depression.

The comments come as the front-runner for the Republican nomination looks to drive home his message on the economy – and criticism of President Joe Biden – with less than a week to go until Iowa’s pivotal caucuses.

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[–] paddirn@lemmy.world 112 points 2 years ago (1 children)

I also hope a fatal heart attack would happen before he could serve a possible second term as well.

[–] Riccosuave@lemmy.world 45 points 2 years ago (4 children)

Nah, I'm hoping for pancreatic cancer. I want something that will kill him quickly enough that it prevents him from winning the election, but slow enough that he has to suffer in agony while he whithers away and dies. That would provide some semblance of karmic justice in my mind at least.

[–] Igloojoe@lemm.ee 7 points 2 years ago (1 children)

Perpetual gall bladder stones he has to pass daily.

[–] DrCatface@lemmy.world 1 points 2 years ago

i hope he builds a house from the stones he passes

[–] nilloc@discuss.tchncs.de 3 points 2 years ago

Massive stroke on stage would work then. Let him be a veggie while watching election night TV.

[–] lolcatnip@reddthat.com 2 points 2 years ago (1 children)

May I suggest bone cancer?

[–] Riccosuave@lemmy.world 0 points 2 years ago

Sure + a big fat helping of boner cancer while we're at it.

[–] seang96@spgrn.com 2 points 2 years ago (1 children)

Would stomach cancer be better? Might be too slow though. Maybe stack a few things on for good measure.

[–] Riccosuave@lemmy.world 2 points 2 years ago

Stacking debuffs, this is the way.

[–] Laughbone@lemmy.world 40 points 2 years ago (2 children)

Inflation running rampant right after he left office wasnt Hoover enough for him

[–] Reverendender@sh.itjust.works 7 points 2 years ago

Never go full Hoover

[–] spader312@lemmy.world 3 points 2 years ago

Nah they blamed it all on Biden anyways

[–] LEDZeppelin@lemmy.world 38 points 2 years ago (1 children)

Remember folks, economic crashes will come and go. Fascism will be here to stay.

[–] Nudding@lemmy.world 2 points 2 years ago

One economic crash will be the last one.

[–] 800XL@lemmy.world 32 points 2 years ago

This is a sorry spoiled horse's ass asking corp America to do him a solid and cause a crash. Why? Because it is one of the items on the checklist that makes the waters just right for his orange shirts to start hitting the streets. Just like Germany before his idol came to power.

[–] SayJess@lemmy.blahaj.zone 21 points 2 years ago

Lindell TV

Hahaha!!!! That made my day. The thought of the pillow guy having his own internet channel, is hilarious to me. Fuck that guy.

[–] AbidanYre@lemmy.world 21 points 2 years ago (2 children)

Lindell TV? Does Mike Pillow have his own damn TV network now?

[–] ThePantser@lemmy.world 5 points 2 years ago

Mr Lumpy Pillow Lindell

[–] mateomaui@reddthat.com 4 points 2 years ago

Sure, in mostly the same way Twitch.tv is a tv network.

[–] MonsiuerPatEBrown@reddthat.com 14 points 2 years ago* (last edited 2 years ago) (1 children)

Donald Trump you have no fear of being a President Hoover.

Hoover was a self made millionaire and the quietest man in the room.

[–] gAlienLifeform@lemmy.world 5 points 2 years ago

Hoover became a millionaire by helping colonizers mine their colonies and ruining environments for indigenous people living there

[–] dhork@lemmy.world 11 points 2 years ago

"Will no one rid me of these turbulent Bidenomics?"

[–] jordanlund@lemmy.world 10 points 2 years ago

He's already Herbert Hoover...

[–] Rapidcreek@lemmy.world 9 points 2 years ago

TBF, Hoover was a sore loser and repeatedly tried to force concessions out of FDR between the election and inauguration, particularly with respect to protecting the gold standard. But that’s as far as it went and FDR was able to just tell him to go pound sand.

[–] autotldr@lemmings.world 5 points 2 years ago

This is the best summary I could come up with:


Former President Donald Trump predicted the US economy would “crash,” saying he hoped it would do so within the next year – before he would assume the Oval Office should he win a second term in November.

The comments come as the front-runner for the Republican nomination looks to drive home his message on the economy – and criticism of President Joe Biden – with less than a week to go until Iowa’s pivotal caucuses.

“A commander in chief’s duty is to always put the American people first; never to hope that hard-working families suffer economic pain for their own political benefit,” said White House spokesperson Andrew Bates.

“Republican officials should welcome the economic progress President Biden is delivering, instead of revealing twisted true colors that would shrink the American middle class in the name of their own cynical self-interests.”

Besides being spared a recession, the US stock market overcame regional banking turmoil, a debt ceiling crisis and geopolitical tensions last year.

The election threatens to stir up market volatility, though history shows the S&P 500 index tends to gain during the fourth year of presidential terms.


The original article contains 449 words, the summary contains 184 words. Saved 59%. I'm a bot and I'm open source!

[–] DrownedRats@lemmy.world 3 points 2 years ago

If we're lucky, we might be able to squeeze the heat death of the universe in before a second term too!

[–] PugJesus@kbin.social 3 points 2 years ago

"Billionaires, if you're listening"

[–] badbytes@lemmy.world 1 points 2 years ago
[–] poke@sh.itjust.works -1 points 2 years ago

If it's a housing market crash then the sooner the better

[–] Masterblaster@kbin.social -3 points 2 years ago (1 children)

does anyone think there's enough people that would still vote for this guy to make a difference?

[–] Everythingispenguins@lemmy.world 10 points 2 years ago (1 children)

Yes do not be complacent, the chance of him running and winning is real and cannot be overlooked looked. Remember due to the electoral college the election will be decided in just a handful of states with margins of a few 10s of thousands votes or less. This election will be decided by just a few 100 thousand voters total.

[–] Masterblaster@kbin.social -1 points 2 years ago (1 children)

so identify those states and kill off 100k conservative voters in each one?

[–] Everythingispenguins@lemmy.world 1 points 2 years ago (1 children)

Um I am going to say no. One does not win by becoming your enemy.

[–] Masterblaster@kbin.social -1 points 2 years ago

haha. you think there's some other way out of this mess. stay on your high horse as it sinks in the mud.