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Republicans were quick to blame Monday's tumbling stock market on Vice President Kamala Harris, with the phrase "Kamala Crash" circulating widely across social media.
Several major brokerages, including Fidelity and Charles Schwab, were down for thousands of users on Monday as recession fears fueled trading, according to Reuters.
According to the Daily Mail, Schwab alone was down for more than 15,000 users. The majority of users reported having trouble logging into their accounts or accessing their financial information. Naturally, this added to panic and confusion across all social media platforms.
On Truth Social, Donald Trump labeled the issue as the "Kamala Crash" which placed the majority of the blame on Vice President Kamala Harris.
"Of course there is a massive market downturn," Trump said in a Truth Social post. "Kamala is even worse than Crooked Joe. Markets will NEVER accept the Radical Left Lunatic that DESTROYED San Francisco and California, as a whole. Next move, THE GREAT DEPRESSION OF 2024! You can't play games with MARKETS. KAMALA CRASH!!!"
It didn't take long for other Republicans to follow in his footsteps, causing #KamalaCrash to be the number one trending topic on X, right after #Bidenomics and Gene Sperling. Here's what a few of them had to say:
During the 2020 debates, President Trump said ‘the stock market will crash' if Biden-Harris are elected.
— Christian Collins (@CollinsforTX) August 5, 2024
Today, the Dow has dropped by 1,000+ points.
Trump has been proven right once again! #KamalaCrash pic.twitter.com/7sAz11E9yB
Trump was right, AGAIN. #KamalaCrash https://t.co/cqCv2hMugP
— Donald Trump Jr. (@DonaldJTrumpJr) August 5, 2024
Today is NOT a good day for West Virginians' 401k.
— Rep. Alex Mooney (@RepAlexMooney) August 5, 2024
🚩 "Bidenomics" continues... #StockMarketCrash
🚩 ..But Kamala is WORSE! #KamalaCrash
Also, Remember: Democrats want to tax Americans' unrealized capital gains. INSANE! #BlackMonday @HouseGOP #Recession pic.twitter.com/1cKsn6mzuJ
#KamalaKrash pic.twitter.com/ounAN4bI0w
— Chris LaCivita (@LaCivitaC) August 5, 2024
Since @KamalaHarris loves Venn Diagrams to help her understand policy, here's one that she'll understand.
— Steven Cheung (@TheStevenCheung) August 5, 2024
The dense numbnuts at @KamalaHQ should spend some time studying this.#KamalaCrash pic.twitter.com/6JPaCNCyz0
KAMALA CRASH pic.twitter.com/1Z6HV9VVnY
— Karoline Leavitt (@kleavittnh) August 5, 2024
Last week Bloomberg reported that Kamala Harris is now in charge of setting the policy agenda for the White House & the Democrat Party.
— Jim Banks (@Jim_Banks) August 5, 2024
This crash is on Kamala.#KamalaCrash
Kamala Harris: “Bidenomics is working” #KamalaCrashpic.twitter.com/3Yvde319qr
— GOP (@GOP) August 5, 2024
It would be an utter shame if we accidentally got Kamala Crash to trend.
— Ryan Fournier (@RyanAFournier) August 5, 2024
KAMALA CRASH
Meltdown! Bid day for Kamala Harris and Bidenomics!
— Steve Gruber (@stevegrubershow) August 5, 2024
“Never been down a thousand points ever. Not even intraday on the NASDAQ,” Fox News reported on Monday. #KamalaCrash #BlackMonday #StockMarket pic.twitter.com/pOV6DtxEJn
F**** YOU KAMALA HARRIS
— Terrence K. Williams (@w_terrence) August 5, 2024
That’s it , that’s the "X" post
F*** YOU. #KamalaCrash pic.twitter.com/BzBveNWktA
#KamalaKrash https://t.co/oHdbOZtw7y
— Michael J. Morrison (@OfficeOfMike) August 5, 2024