With President Trump’s tariffs spurring a stock market breakdown, Jon Stewart is disappointed by Trump’s uninspired attempts to save face.
In his Monday monologue, Stewart showed viewers Trump’s recent Truth Social post telling Americans, “Don’t be a PANICAN (A new party based on Weak and Stupid people!).”
“Panican?” Stewart replied. “The genius who gave us classics like ’Sleepy Joe’ and ’Crooked Hillary’ just s–t out ‘you’re a Panican’?”
Stewart offered Trump some suggestions: “How about Hysterocrats? Repussicans? How about Cryontologists?”
Stewart jokingly asked Trump, “Did the overseas factory you had been sourcing your nicknames from get shut down during the tariff war?”
Stewart ripped into Trump’s other responses to the panic over the stock market, like his Truth Social post on Friday declaring, “ONLY THE WEAK WILL FAIL.”
“Your economic policy has the same tagline as season three of Squid Game?” Stewart joked. “It’s supposed to make us feel better?”
For Stewart, Trump’s most tone-deaf response to the financial crisis happened offline:
“In case you didn’t get the point that he doesn’t give a f–k, he spent the weekend showing, not telling,” Stewart said. “[Trump] played not a round of golf this weekend, [but] a tournament of golf. A three-day tournament.”
Stewart also ripped into one of Trump’s core arguments behind his new tariff policy, the idea that America has been taken advantage of by its long-time trade partners.
“We continue to blame everybody else in the world that we designed and policed after World War II,” Stewart said. “We’re the richest country in the world ever. We’re not the world’s victims. If we have inequalities in this country, that’s on us.”
Stewart concluded by showing a montage of journalists underlining the scale of the current crisis, before saying directly to Trump: “Financial destruction not seen since the pandemic, and this time there’s no controversy over how it all started… You, Trump, released the contagion.”
“It’s your lab leak,” Stewart said. “And it’s right out in the open.”
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