Posted BY: Joe Hoft
Biden’s economy is bad. It’s really bad.
As of today, the DOW in 2022 is having its worst year ever!
The DOW closed today at 29,590. This is the greatest decline in a single year in DOW history.
The DOW is one measurement of the US markets that indicates the health of the economy.
Trending: This is the Worst One Yet
President Trump broke the record for the most stock market highs in a year in 2017, the year he took over the Executive Branch. President Trump’s economy was on fire.
Sadly, the Biden Administration is the complete opposite. After nearly 2 years in office, the DOW is down nearly 2,000 points since the day Biden stepped into office after stealing the 2020 Election.
On January 20, 2021, the DOW closed at 31,188. Today the DOW closed at 29,590.
As of 10:30 am Eastern, the DOW stood at 29,630 and it got worse.
Americans are watching their 401k’s disappear due to the Biden economy.
The DOW is currently down since Biden took office. It is down 24% since the last market closing all-time high of 36,799 on January 4th of 2022.
The DOW is currently down more than 6,700 points this year alone (the DOW was at 36,338 on December 31, 2021).
If this decrease stands till year-end, this decrease will be the largest decrease of any year in US history.
The worst year prior to this was 2008 when the DOW was down 4,488 points.
Biden’s economy is reaching records in the worst categories imaginable.