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Old 04-27-2019, 05:35 PM
 
34,300 posts, read 15,640,522 times
Reputation: 13053

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Quote:
Originally Posted by staywarm2 View Post
So how do you know this? Nutty Right Wing media is what you fall prey to, probably every day.
Actually watching leftwing media is where the proof is.
They talk about how bad it is if they talk about it at all.

 
Old 04-27-2019, 06:11 PM
 
8,131 posts, read 4,324,505 times
Reputation: 4683
Joe Biden needs to be assertive and take the torch from Donald Trump by stating the TRUTH, "The economy trend started during the Obama/Biden administration and not during the Trump/Pence Administration."
 
Old 04-27-2019, 06:12 PM
 
9,470 posts, read 9,366,999 times
Reputation: 8178
Quote:
Originally Posted by phma View Post
Actually watching leftwing media is where the proof is.
They talk about how bad it is if they talk about it at all.
baloney!
 
Old 04-29-2019, 12:06 PM
 
Location: Kansas City, MISSOURI
20,858 posts, read 9,518,220 times
Reputation: 15573
This guy caught my (and other peoples') attention back in 2011 when he correctly predicted the summer crash of 2011. Now he's at it again, using the same methodolgy.


https://www.youtube.com/watch?v=MyDhLs3tmSc
 
Old 04-29-2019, 12:30 PM
 
21,909 posts, read 9,483,127 times
Reputation: 19438
Quote:
Originally Posted by staywarm2 View Post
Excuse me!!! The market dropped BEFORE Obama took office. Everything fell apart during George W. Bush’s Administration. Thank God Obama came in and got the best advisors and brought our economy back. It took a while but he did it.

The economy improved in spite of Trump. If the 2018 tax cut had been given to the middle, or lower, classes, that money would have been spent on cars, appliances, homes, furniture, jewelry, dinners out, clothes, etc., not stock buy-backs by corporations. The economy would have boomed and American citizens would have benefited. Instead, the very rich got richer (including Trump).
Art Laffer points out that the market crashed AFTER the 2008 election in anticipation of an Obama presidency.
 
Old 04-29-2019, 12:43 PM
 
Location: Kansas City, MISSOURI
20,858 posts, read 9,518,220 times
Reputation: 15573
Quote:
Originally Posted by Grlzrl View Post
Art Laffer points out that the market crashed AFTER the 2008 election in anticipation of an Obama presidency.
As I've pointed out what must be a dozen times by now ...

The recession began in December 2007, almost a year BEFORE the 2008 election. At that point nobody had any idea who would be the next president.

The Dow peaked in Oct 2007 at over 14,000, and by July 2008 was already down to the 11,000's:

DJIA chart on Yahoo finance.

I'm sorry but you can't just make up your own facts and ignore the fact we can fact-check you almost immediately.
 
Old 04-29-2019, 12:46 PM
 
Location: Kansas City, MISSOURI
20,858 posts, read 9,518,220 times
Reputation: 15573
Quote:
Originally Posted by James Bond 007 View Post
The Dow peaked in Oct 2007 at over 14,000, and by July 2008 was already down to the 11,000's:

DJIA chart on Yahoo finance.
Also, the big crash occurred in late September 2008, NOT after the election.

How many lies do the Trumplings have to make in order to convince themselves Obama was responsible for something he was not?
 
Old 04-29-2019, 01:34 PM
 
Location: Living rent free in your head
42,838 posts, read 26,236,305 times
Reputation: 34038
Quote:
Originally Posted by Grlzrl View Post
Art Laffer points out that the market crashed AFTER the 2008 election in anticipation of an Obama presidency.
Art Laffer just about destroyed the economy of Kansas.
 
Old 04-29-2019, 02:56 PM
 
Location: Alameda, CA
7,605 posts, read 4,842,742 times
Reputation: 1438
Quote:
Originally Posted by Grlzrl View Post
Art Laffer points out that the market crashed AFTER the 2008 election in anticipation of an Obama presidency.
Then explain why the market turned one month into Obama's
Presidency.
There were real tangible events occurring in the Fall of 2008 which had nothing to do with the election of Obama.
 
Old 04-29-2019, 08:05 PM
 
Location: Northridge/Porter Ranch, Calif.
24,508 posts, read 33,295,278 times
Reputation: 7622
Quote:
Originally Posted by staywarm2 View Post
Excuse me!!! The market dropped BEFORE Obama took office. Everything fell apart during George W. Bush’s Administration. Thank God Obama came in and got the best advisors and brought our economy back. It took a while but he did it.

The economy improved in spite of Trump. If the 2018 tax cut had been given to the middle, or lower, classes, that money would have been spent on cars, appliances, homes, furniture, jewelry, dinners out, clothes, etc., not stock buy-backs by corporations. The economy would have boomed and American citizens would have benefited. Instead, the very rich got richer (including Trump).
Over 80% of taxpayers got a tax cut, not just "the very rich."
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