Other people criticized President Joe Biden for celebrating the Inflation Reduction Act while the markets were seemingly free-falling.
"Sure glad Biden’s passed the inflation reduction act Today’s stock market crash showed how much confidence we have in it working," Jake Shields tweeted.
But the reality of the panic was a result of fear-mongering, according to other Twitter users.
\u201cIf you're wondering about the #stockmarketcrash "trend", you might be interested to note that in the past 24 hours, it's ~2,350 tweets from ~1,700 accounts. \n\nIt's a junk trend that's also been jumped on by Trump/Q merchants.\n\nThese are the two most retweeted accounts.\n\n1/2\u201d
One person pointed out that the stock market has been growing since 2020 when it experienced a crash due to the pandemic. Although there have been dips, it is still on the rise.
\u201cHere are 2 unfortunate facts for Trump supporters using the hashtag #stockmarketcrash:\n\n1. The stock market dropped 25% in March 2020\u2026 under a President named Donald J. Trump\n\n2. The stock market is currently still 16.5% higher than it ever was during Trump\u2019s administration\u201d