Connect with us

Hi, what are you looking for?


Biden Jokes About Trump’s Social Media Platform: If Truth Social Flops More, He Could See Tax Benefits from My Plan

Donald J. Trump (Credits: CNN)

During a speech in Scranton, Pennsylvania, President Biden couldn’t resist poking fun at former President Trump’s media venture, Truth Social, whose stock had taken a remarkable hit on the market.

With a touch of humor, Biden remarked that if Trump’s stock continued its downward trend, the former president might find himself benefiting more from Biden’s tax plan than from the success of his own media company. The audience responded with laughter, enjoying the light-hearted jab at Trump’s expense.

Truth Social, launched by Trump Media & Technology Group, had experienced a rollercoaster ride in the stock market. After a promising start with shares initially trading at around $79, the stock value plummeted to roughly $23 before the closing bell on Tuesday.

President Joe Biden (Credits: CNN)

As Trump owns a substantial portion of Trump Media shares, the decline in stock value represents an outstanding financial setback for the former president.

In response to Biden’s remarks, Truth Social emphasized its commitment to free speech and highlighted Biden’s own presence on the platform, suggesting that even the president recognizes the value of a social media platform that prioritizes open dialogue.

The company also underscored its financial stability, boasting of having no debt and over $200 million in the bank.

Joe Biden (Credits: Daily Citizen – Focus on the Family)

Biden didn’t miss the opportunity to revisit a joke about Trump’s legal fees, adding to the playful banter surrounding the former president’s financial situation. Recounting an encounter with a “defeated looking guy” seeking help with debt, Biden humorously quipped that he couldn’t offer assistance, drawing more laughter from the audience.

The lighthearted exchange reflects the ongoing political dynamics between Biden and Trump, with each taking playful jabs at the other’s endeavors. While Biden’s remarks provided some comic relief, they also underscored the challenges faced by Trump’s media venture and the broader implications for the former president’s financial interests.

As Truth Social navigates its fluctuating stock value and Biden advances his tax plan, the political and economic landscape continues to evolve, shaping the narrative of the post-presidential era.

Click to comment
Notify of
Inline Feedbacks
View all comments

We’re dedicated to providing you the most authenticated news. We’re working to turn our passion for the political industry into a booming online news portal.

You May Also Like


Actress Emma D’Arcy is from the British rebellion. She has only appeared in a small number of movies and TV shows. It might be...


Jennifer Coolidge Is Pregnant: Jennifer Coolidge Audrey Coolidge is a comedian and actress from the United States. Many of her followers are wondering if...


Spoilers! The demon Akaza from Kimetsu no Yaiba dies in the eleventh arc of the manga and the one responsible for his death is...


The young YouTube star Emily Canham has recently been seen making headlines for her amazing work and her journey. She started from scratch and...