Joe Biden 'cured the economy'
Joe Biden 'cured the economy'

Joe Biden 'cured the economy'

News summary

Just days before a significant global market crash, President Joe Biden claimed he wanted his legacy to include having 'cured' the economy and the environment. This statement was made during a press interaction and has since drawn widespread criticism, particularly as stock markets plummeted, with Japan's Nikkei index experiencing its largest single-day drop since 1987. The Dow Jones Industrial Average and NASDAQ also saw substantial declines, raising concerns about a potential recession. Critics, including media pundits, mocked Biden's comment, equating it to his previous unfulfilled promises, such as curing cancer. The stock market's downturn has been attributed to fears of a slowing U.S. economy, alongside disappointing job growth figures. Biden's remarks have sparked debate over his perceived disconnect from economic realities as he faces scrutiny regarding his re-election campaign.

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