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Full Episode
Well, folks, a lot to get to today on the show. Everything from the stock market dump of yesterday and the state of the economy to the White House deciding to deport a Hamas sympathizer from the United States, green card holder. First, the mainstream media thinks you're too dumb to see through their lies. They like to twist the narrative or manipulate the headlines, bury the truth. We know better.
At The Daily Wire, we're going to bring you the facts, what I do here professionally, and then You get in on the conversation. Join the live chat during our daily shows, 100% uncensored, ad-free, packed with fans who actually think for themselves. Plus, every day, a producer from our show will be there to talk to you about the news.
Get the news the way it should be, honest, fearless, without the left-wing agenda. Your voice matters. Be a part of it. Join now at dailywire.com slash subscribe. So yesterday, obviously, we saw a massive stock market dump. The stock market Dow Jones Industrial Average dumped almost 900 points. The stock market has been in a bit of a free fall over the course of the last couple of weeks.
And this is something that I've been predicting for a while. It turns out that when you mess with the market mechanisms, people don't like it. Investors tend to take their money out of the market and wait for things to be a little calmer, a little more steady. If you think... of the free markets as essentially an ocean. Sometimes it's pretty choppy out there. Right now it's choppy.
And here's the thing. If this administration is blamed for the choppy waters, that is quite bad, not just for this administration, but for everything that in the public mind it represents. According to the Wall Street Journal, a new round of recession fears rattled markets on Monday, sending the Dow Jones Industrial Average down nearly 900 points, eroding Wall Street consensus that U.S.
stocks would be among this year's biggest winners. By the way, this is having an impact on President Trump's approval ratings. There's a new pullout from Emerson today that shows President Trump is underwater on the economy by 11 points. He's still at 47.45 in his overall approval rating.
That is largely due to the widespread and correct perception that in immigration he has totally changed the ballgame. We are experiencing the lowest levels of illegal immigration ever recorded in the United States as far as I'm aware.
But when it comes to the economy, which is the thing that most people vote based upon, make their political decisions based upon, if President Trump is blamed for an economic downturn, the effects of that could be disastrous, not just obviously for the Trump administration, but for many of the things that are important for the United States, including free markets more generally.
According to the Wall Street Journal, worries about a trade war, signs of flagging growth, splinters in the artificial intelligence trade have taken some of the shine off prior optimism. President Trump over the weekend refused to rule out a recession this year. The S&P 500 fell 2.7%. NASDAQ lost 4%. Bank stocks slid along with shares of smaller companies perceived to be sensitive to the economy.
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