We’re all going bankrupt with Trump
DEAR EDITOR:
At the current pace of S+P 500 losses of -6.7% (MINUS 6.7%) in a mere 50 days, President Donald Trump is on pace to make the average American’s retirement fund worthless in only two years.
Call it Trump’s seventh bankruptcy, but this time we’re all along for the crash.
The S+P 500 is now down 6.7% since Trump took office. So a fund tied to the S+P 500 that was worth $100,000 on Jan. 20 is now worth $93,300. It’s cost $6,700 (so far) to “own the libs”.
Are we “winning” yet?
BILL ADAMS
Austintown