The president went on a Twitter tear early Monday morning, posting a series of reasons to vote (preferably for him) in the wee hours, and presumably from his hospital bed.
The first involved 401(k)s, which supposedly included a message he received from a supporter, as well as his response.
“I’m voting for Donald Trump,” it began. “My father is a Union Worker and his 401(k) has tripled under President Trump.”
It was signed “USA Voter” and @foxandfriends was tagged.
‘Thank you,” Trump responded, “and remember that the Stock Market is getting ready to break its all time high. NEXT YEAR WILL BE THE BEST EVER. VOTE, VOTE, VOTE!!!!!”
What followed was a litany of what he believes will happen if he loses the upcoming election, as well as his case for his reelection. Among them:
“IF YOU WANT A MASSIVE TAX INCREASE, THE BIGGEST IN THE HISTORY OF OUR COUNTRY (AND ONE THAT WILL SHUT OUR ECONOMY AND JOBS DOWN), VOTE DEMOCRAT!!!,” read one (all-caps were his).
“Virginia Voters! Your Governor wants to obliterate your Second Amendment,” read another. “I have stopped him. I am the only thing between you and your Second Amendment. Working hard in Virginia. It’s IN PLAY. Better Vote for your favorite President, or wave goodbye to low taxes and gun rights!”
“STOCK MARKET HIGHS. VOTE!”
“STRONGEST EVER MILITARY. VOTE!”
“LAW & ORDER. VOTE!”
“BIGGEST TAX CUT EVER, AND ANOTHER ONE COMING. VOTE!”
And another, “401(K). VOTE!”
401(k) as economic proxy
He routinely uses the 401(k) as a proxy for the nation’s overall economic health, telling supporters at a rally in New Hampshire in February, “Up 90%, up 104%. Is there anybody doing badly with the 401k? Don’t put up your hand, I don’t believe you. The 401(k)s, they’re up 90%, 95%.”
Early in July, Trump warned of a retirement savings slump should Joe Biden win the election.
“If you want your 401(k)’s and Stocks, which are getting close to an all-time high (NASDAQ is already there), to disintegrate and disappear, vote for the Radical Left Do Nothing Democrats and Corrupt Joe Biden,” Trump tweeted Monday. “Massive Tax Hikes – They will make you very poor, FAST!”
With more than 20 years serving financial markets, John Sullivan is the former editor-in-chief of Investment Advisor magazine and retirement editor of ThinkAdvisor.com. Sullivan is also the former editor of Boomer Market Advisor and Bank Advisor magazines, and has a background in the insurance and investment industries in addition to his journalism roots.
