# Jimmy Kimmel: Trump ‘Intentionally crashing the economy for reasons unknown’

## Late-night TV roundup

Late-night hosts discuss Trump’s tariffs, the plunging stock market, and Republican efforts to deflect blame.

### Jimmy Kimmel



### Stephen Colbert



“Folks, I know things are spinning out of control right now, but I want to reassure you that everything is going to be OK,” said  on the Late Show. “I want to, but I can’t, because I’m not that good of a liar.”

On Monday, “the Dow slipped on Trump’s tariffs and fell down an elevator shaft, and today it kept bonking its head on the way down,” plunging more than 450 points. In just the last three weeks, the US stock market has lost $4tn in value. Experts now warn that the risk of a recession is about 40%. “And you can tell that even Fox News is taking that seriously,” said Colbert, “because they’re already lying about it.

“Now, the White House is scrambling to convince the American people that bad economic news is just part of the plan,” Colbert explained. “As one White House aide put it: ‘It’s hard to rip the Band-Aid off without getting some blood everywhere.’”

“Maybe it’s time to put on a second Band-Aid,” he continued. “Or, call me crazy, maybe bring in somebody who knows how to fix the old bloodhole, instead of trusting the guy with the hat that says Make America Blood Everywhere.”

But “there is a silver lining to the implosion of the world economy: it’s bad for Elon Musk, too,” Colbert added to cheers. On Monday alone, Musk lost more than $16bn, and Tesla stock has plummeted 50% since December. “There’s a good reason for that,” Colbert noted. “It’s a phenomenon economists call ‘everybody fucking hates that guy.’”

### Seth Meyers



On Late Night,  recapped a press conference in which Trump defended his economic plan with the statement: “What I have to do is build a strong economy.”

On Monday, Trump signed several more executive orders. “In related news, happy National Wet T-Shirt Day!” Meyers quipped.

Trump then declared March to be Women’s History Month, “and added ‘women have done a lot for us’,” said Meyers. “In fact, sometimes they do so much, you have to pay them $130,000 in hush money.”

Trump is also reportedly considering tariffs on Russia, “which means we’re all going to be paying a little bit more for our … caviar?” Meyers wondered. “I can’t pay more for caviar and eggs.”
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