Speaking during a Monday, August 5 interview on CNN’s “CNN Central News,” former Georgia Lieutenant Governor Geoff Duncan, a supposed Republican, spoke about Vice President Kamala Harris and said that her “acting like a president” will help pull back the American economy from the abyss as the stock market indexes spiral.
As background, the Japanese Nikkei index fell dramatically after a Japanese surprise rate hike of 0.25%, dragging down American indexes with them on the Monday of Duncan’s ridiculous interview. The Dow Jones Industrial Average (DJIA) closed down 2.6% Monday, while the S&P 500 index dropped by 3%, and the NASDAQ fell by 3.43%. Adding to the selloff were fears of a recession and a disappointing jobs report that came out on Friday, August 2.
Appearing on CNN Central News and speaking to co-host Brianna Keilar, Duncan said that Kamala acting presidential would help steady the markets and reduce the importance of the economy issue, on which she is “vulnerable.” Duncan said VP Harris needs to “just be a steady hand.”
Beginning with the “steady hand” claim, Duncan said that Kamala can act presidential in a way that Trump, he implied, can’t. He said, “I think the most important thing she needs to do is just be a steady hand. This country is so desperate for just a steady leader that is able to act like a president, talk like a president, tweet like a president.”
Continuing, he said that American financial markets, particularly the stock market, want such a presidential, steady hand, and so ther eis a “huge opportunity” for her to act like that and win support. He said, “I really feel like that‘s going to be a huge opportunity for her as these markets continue to go back and forth.”
Still not done, Duncan added that he thinks Trump is on his backfoot with having to deal with Kmala as his challenger. He said, “You know, I think just acting like a president is a big deal. This has really been interesting to watch. I guess Donald Trump‘s the latest illustration of Mike Tyson‘s famous quote, ‘Everybody‘s got a plan until they get punched in the face.’”
Then, bragging about all the donor dollars that Kamala has brought in and thrown at Trump, “Last two weeks, Kamala Harris has punched Donald Trump in the face with hundreds of millions of dollars worth of fundraising with incredibly strong momentum and energy and messaging. She’s on quite the roll.”
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CNBC’s Jim Cramer, by contrast, warned on the same Monday that the selloff is in Trump’s favor. He said that this market sell-off indicates fears of who will be president and what that might mean for the economy, and that if people are worried about the economy and their paycheck, then they will vote for former President Donald Trump. In his words: “A lot of business people surrounding Harris. If you’re — if you’re in the stock market, if you care about your paycheck, you go with — you go with Trump, if that’s what you do.”