Senior economic adviser Gene Sperling’s departure from the White House was announced Monday morning, coinciding with a sharp decline in U.S. stock markets. Sources reported that Sperling will join Vice President Kamala Harris’s presidential campaign after President Joe Biden concluded his re-election bid and Harris secured the Democratic nomination.
The timing of Sperling’s exit raised eyebrows as the Dow, S&P 500, and Nasdaq all plummeted in what The Wall Street Journal described as a “global selloff.” This market turmoil has sparked widespread reactions on social media.
“Heck of a day for Biden’s economic advisor Gene Sperling to leave,” remarked The Daily Mail’s senior political reporter Charlie Spiering on X.
“REMINDER: SS Kamalanomics is a sinking ship,” quipped conservative commentator Steve Guest, while Ryan Fournier, co-chair of Students for Trump, added, “Great timing bud,” with a facepalming emoji. Social media influencer Rogan O’Handley, also known as “DC Draino,” compared the situation to “rats fleeing a sinking ship.”
Former ESPN anchor Sage Steele posted a “Flushed Face” emoji, indicating concern, while comedian Tim Young commented, “So if you like how s***ty the economy is now… you’re definitely getting another 4 years of it if she gets elected.”
President Joe Biden released a statement lauding Sperling’s efforts, highlighting the economic relief initiatives under the American Rescue Plan, the protection of union pensions, federal investments in public safety, and support for small businesses.
The Republican National Committee’s “Research” account shared a video of Harris discussing “Bidenomics,” using the hashtag “KamalaCrash.” In the video, Harris stated, “All that, ladies and gentlemen and everyone else — that is called Bidenomics,” followed by laughter and applause. She added, “That is called Bidenomics — and we are very proud of Bidenomics!”
