Republican presidential frontrunner and pacesetter Donald Trump blamed today's massive global stock sell-off on China's slumping economy this morning, so naturally, this afternoon, Wisconsin Gov. Scott Walker called on President Barack Obama to cancel an upcoming state visit by Chinese President Xi Jinping.
Minutes after the opening bell today, the Dow Jones industrial average plunged 1,089 points before rebounding only to eventually close 588 points down as China's Shanghai composite index saw an 8.5 percent drop.
In an apparent rush to one-up both Donald Trump's warning of an impending Chinese caused U.S. economic depression and Gov. Chris Christie's attempt to pin the sell-off to President Obama, Walker, whose 2016 campaign has faltered in recent weeks, added his own political analysis -- calling on Obama to spurn the leader of an economic and geopolitical powerhouse:
Americans are struggling to cope with the fall in today’s markets driven in part by China’s slowing economy and the fact that they actively manipulate their economy. Rather than honoring Chinese President Xi Jinping with an official state visit next month, President Obama should focus on holding China accountable over its increasing attempts to undermine U.S. interests.
Walker said it was time for the Obama administration to hold China “accountable” for recent cyberattacks on the U.S. office of personnel management, rumored to have come from the country. Walker also cited China's "persistent persecution of Christians," before demanding that President Obama cancel next month's planned visit.
“There’s serious work to be done rather than pomp and circumstance,” Walker said:
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