Who remembers the good old days of rising stocks and a robust economy?

I’m old enough to remember when every joke on Twitter didn’t begin with “I’m old enough to remember.” But after a few vertiginous days in the markets, let’s make a few more, just to clear our heads.

• I’m old enough to remember when U.S. stocks had moved higher since President Donald Trump signed a corporate and rich-guy tax cut. As of Thursday’s 3.75% decline in the S&P 500 Index SPX, +1.49% that’s no longer true.

• I’m old enough to remember when Trump knew what was in his tax-cut bill. It seems like yesterday, but Thursday was only the day that wags recycled his old tweet demanding that nobody in Washington get re-elected until the federal budget’s balanced.

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