“Fox & Friends” falsely claimed stock market statistics to make it appear that the Dow Jones gained more than it had under President Donald Trump.
Co-host Pete Hegseth exclaimed: “Nobody would have thought six months ago the DOW Jones industrila average would be at 22,000, or potentially 22,000, which it may reach today. And this comes as President Trump, at the White House, is touting what he calls a golden age for small business.”
Co-host Clayton Morris added: “Think about this number, 22,000 – when [Trump] took office six months ago, 16,000 was sort of unheard of at that time.”
However, the Dow Jones closed at 19,827.25 on January 20, 2017, far more than the 16,000 that Morris claimed.
“Fox & Friends” also failed to mention that the government is still operating under President Obama’s budget and economic policies. Trump has yet to pass a budget, which won’t take place until September.
“Fox & Friends” also didn’t not mention that the stock market was at 6,594.44 on March 5, 2009, because of the Wall Street crash under President Obama’s first term, but went on to set records.
(Source: Fox News via YouTube)