Sometimes, Donald Trump just tells the truth as it is, even if it’s uncomfortable.
And in this case, this particular truth is very uncomfortable — to the mainstream media at least.
Just recently, it was revealed that The New York Times’ stock saw a decline of 40% year-to-date. As noted by Forbes, “NYT stock has declined from around $48 to $29 YTD, largely underperforming the broader indices, with the S&P declining about 20% over the same period.”
Trump opted to share his thoughts on the matter. According to the 45th U.S. President, there is an explanation behind the New York Times’ falling stock — the publication is fake news. And fake news doesn’t attract investors.
Trump of course provided some examples of these fake news narratives that the NYT has run over the years. And as any conservative would know, the list is pretty damn long.
Here’s Donald Trump’s take on NYT’s stock problems.
“The failing New York Times is down 40% year-to-date because they are Fake News. Their reporters are dishonest, and their front page has become a work of total fiction, not news.
“They hate our Country, and they hate reporting the truth, which is why America is not respected and our Nation has never been weaker. Instead, they obsess over January 6, just like they did over Impeachment Hoax #1, Impeachment Hoax #2, the Mueller Witch Hunt, and Russia, Russia, Russia.
“The New York Times will continue to decline because people no longer believe their reporting is even close to being true. Fake polls, phony stories, and made up quotes—they are a disgrace to journalism and have set it back many many years. THE NEW YORK TIMES IS TRULY THE ENEMY OF THE PEOPLE!”
Considering how Trump has been pretty accurate about the Biden presidency’s performance and problems, it seems like the 45th U.S. President is definitely onto something here.