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Trump To Americans That Didn’t Get Filthy Rich Like Him: ‘You Should Have Had Stock’
Donald Trump told Americans concerned about affordability that they “should have had stock”, after citing stock market gains to defend his economic record in a “60 Minutes” interview. The remarks came after Republicans lost control of Congress in midterm elections where the cost of living was a major concern.
Trump said the market had reached a record high, though he also claimed it had fallen nearly 2,000 points and lost $3 trillion after the election. His personal net worth has reportedly risen by about $3 billion since he returned to office, largely linked to his family’s cryptocurrency company, World Liberty Financial. More than 70% of midterm voters disapproved of his handling of inflation, while the top 10% of Americans own nearly 90% of stock market wealth.
In short
- Trump pointed to stock gains when asked about affordability.
- His net worth reportedly rose by about $3 billion.
- Most stock market wealth is held by the top 10%.
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