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Democratic lawmakers deflected questions on why the stock market has had success under President Donald Trump in spite of their dark predictions on the administration’s tariffs while speaking with Fox News Digital on Capitol Hill.
Some downplayed the market’s success, indicating that it has no bearing on the country’s true economic pulse.
Asked by Fox News Digital why the stock market is still doing well if Trump’s tariffs are hurting the economy, Sen. Catherine Cortez Masto, D-Nev., shot back, “The stock market is not the economy.”
She insisted that because of the tariffs, Americans “are feeling price crunch when they go to the grocery store, prices are high.”
“The tariffs are a cause of that. The tariffs or taxes on Americans,” she said. “And that’s why those prices are higher. And that is why I fought against it.”
WHITE HOUSE RIPS ‘IMBECILIC BUFFOON’ TIM WALZ AFTER TRUMP TARIFF CRITICISM
Rep. Pramila Jayapal, D-Wash., President Donald Trump and Sen. Catherine Cortez Masto, D-Nev. (Kevin Dietsch/Getty Images; Jacquelyn Martin/AP Photo; Bill Clark/CQ-Roll Call, Inc via Getty Images)
Progressive Rep. Pramila Jayapal, D-Wash., told Fox News Digital that she believes the stock market is only doing well “because the billionaires are continuing to do well.”
“Corporations got massive tax breaks, $7 billion in tax breaks in the big, bad betrayal bill,” said Jayapal. “That’s why the stock market’s doing well, because the stock is really, you know, a lot of those large companies feel like they’re doing just fine, they’re continuing to get huge tax breaks.”
Sen. Angela Alsobrooks, D-Md., said that “no matter what the stock market is saying, [Americans] are seeing the cost of groceries have not gone down. They are seeing that health care costs have become really exorbitant. They can’t afford it. They can’t afford the cost of goods.”
“That is what they expect us to respond to, is how it is affecting them and their everyday…
