Under President Joe Biden, MAGA influencers framed every stock slide as a national crisis. Under President Donald Trump, however, they’re masterful chess moves or moments for building character.
April 10, 2025 at 7:30 a.m. EDT
After President Donald Trump’s tariff pledge last week sent stock prices plunging, pro-Trump influencer Benny Johnson offered his 3 million followers a rosy perspective on the news. “Losing money costs you nothing,” he said on his podcast. “In fact, it builds quite a bit of character.”
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Eight months earlier, on a down trading day under President Joe Biden, Johnson struck a darker tone. It’s “bloody, black Monday. Holy moly, the Kamala [Harris] crash is here,” he said on Aug. 5, blaming the vice president for a “stock market in total and complete collapse.” (The Dow Jones Industrial Average recovered shortly after, ending the month up 7 percent.)
For Trump’s legion of online information warriors, the economic shocks of his tariff barrage have made for some awkward times.
MAGA content creators were close observers of the stock market during Biden’s term, casting every slide as an American crisis for which the president bore full blame. But after Trump’s tariffs sparked a market meltdown and whiplash return amid fears of an escalating trade war, some have scrambled to offer alternative explanations for the financial tumult, or to explain why such bloodletting is worth the cost ...
https://www.washingtonpost.com/technology/2025/04/10/pro-trump-influencers-tariffs-stocks/
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