Editor’s note: This is a lightly edited transcript of today’s video from Daily Signal Senior Contributor Victor Davis Hanson. Subscribe to our YouTube channel to see more of his videos.
Hello, this is Victor Davis Hanson for The Daily Signal, speaking on a Monday that the market’s gone down 300 points. It’s about where we were two years ago, January of 2023.
Remember, the market, in the last two administrations, eight years, has doubled in value. So, it’s not like this big collapse. But more importantly, is this panic we’re watching on Wall Street based on hard data or evidence or experience?
What do I mean by that? First term, President Donald Trump, was he an enemy of Wall Street? Is there a better alternative? Did he crash the market? No. The market grew 65% under Donald Trump. He basically repealed what Wall Street hated most, the Dodd-Frank oversight…
