‘Morning Joe’ Panel Says Market, Border Crossings Have Improved Since Biden-Harris Admin Took Office

MSNBC’s “Morning Joe” panel said on Tuesday that the stock market and border crossings have both improved since the Biden-Harris administration replaced former President Donald Trump.

Co-host Mika Brzezinski argued the Dow Jones Industrial Average’s (DOW) 1,000 point drop on Monday still left it 7,500 points higher than when Trump exited the White House on Jan. 20, 2021. The DOWfell2.60% on Monday while the S&P 500 and the Nasdaq fell 3.00% and 3.43% after a damning jobs report revealed on Friday that the unemployment rate climbed to 4.3%.

“So people are that much richer who are calling Biden and Harris socialists,” co-host Joe Scarborough said. “So can I just, if they’re keeping score at home, the stock market is 7,500 points higher than it was when Donald Trump left office. Also, illegal border crossings are lower now than they were when Donald Trump left office. That’s all I have to say for now, it’s fascinating what a good job Biden and Harris have done and I’m looking forward to hearing about it on other right-leaning networks.”

Between Trump’s first day in 2017 and his last day, the S&P 500 climbed 67%,accordingto CNN. The S&P 500finished the period at 3,798,91 and the DOW closed at 30,930.52, within 100 points of its all-time closing high, on the day Trump exited office as the global markets suffered from the COVID-19 pandemic.

Border crossings surged to record highs throughout the Biden-Harris administration. Encounters nearly exceeded 1.7 million in the 2021 fiscal year and soared above 2.1 million and 2 million in the 2022 and 2023 fiscal years,