Trump market havoc: Do we need a 'do no economic harm' rule for presidents?

(Photo: Alex Wong, Getty Images)

Donald Trump isn't just toying with the economy — he's out for blood.

And the stock market is paying the price for his mindless reality show bravado.

Jeff Bezos, who could buy and sell Trump many, many, many times over, owns both Amazon.com and The Washington Post. Trump has been attacking Amazon, trying to harm the business because the Post doesn’t “cover” him the way Fox News and Breitbart News do.

He wants revenge. He wants to draw blood. And he doesn’t care about the consequences to the stock market. He also seems unaware of just how the U.S. Postal Service and Amazon operate. Like, REALLY unaware.

"Only fools, or worse, are saying that our money losing Post Office makes money with Amazon. THEY LOSE A FORTUNE, and this will be changed," Trump tweeted early on Monday, April 2. The Dow dropped 1.9% that day. Amazon’s stock price fell 5.2%, its value declined $36 billion and the tech-heavy NASDAQ index was down 2.7%.

Comments

Stories