NBC blames Trump for Wall Street drop, Chuck Todd says he needs to ‘address the panic’ of the collapse
During the coverage declaring Donald Trump the winner of the 2016 Presidential election, the team immediately demanded that Trump seek to “rectify” the tumbling stock market that could lead to an “economic collapse” compared to the 2007-2008 collapse, which was “inherited” by President Obama.
Meet the Press moderator Chuck Todd admitted the media ignored “rural America,” but warned that Americans will be “wak[ing] up…to a Brexit-like reaction in the stock market” that’ll “rattle a lot” of them.
“[H]e’s now quickly got to address sort of this panicked reaction that there is out there in the financial markets and so that’s what a president has to do. He’s now president-elect, he needs to stabilize this economy quickly before that whole thing collapses,” instructed Todd.
Today co-host Savannah Guthrie quickly jumped in to provide an anecdote of receiving text messages from acquaintances lamenting their retirement funds evaporating and ruling that “we’ll see if that settles down.”
Andrea Mitchell noted that the “global markets that have been collapsing overnight” and immediately passing down a decree that “Donald Trump has to rectify that.”
“He could be facing the kind of economic collapse that Barack Obama inherited when he took office. He’s got to face this and come up with a plan that is completely different from his economic plan, the $5 trillion debt hole that has — that all independent observers have said is his economic plan. He has got to reassure markets very, very quickly,” Mitchell stated.
Full transcript via Newsbusters on next page
