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Regarding all your crowing about how Trump has boosted the stock market:
At this point the DOW has increased under Trump roughly 25% - an impressive gain.
At this point in the Obama years the DOW had increased roughly 40%.
Obama blew Trump out of the water.
Yet another stat - like job creation, existing home sales and car/truck sales - where Obama is crushing Trumps numbers.
Ken
Complete nonsense to ignore the different economic situations that produce such numbers. No one would take serious the numbers without understand how and what conditions existed at the time they were produced. Numbers are not analysis and alone they are facts and without analysis they are meaningless.
Which is the whole point of making numbers political propaganda.
Oh, now we know why you made the OP. You are pumping and dumping or else you are that one guy who somehow gets it right while the rest of the world gets it wrong.
I'm not sure pumping stock indexes is within the terms of service here. A job for the mods, I guess!
That's been the goal by the anti-Trumpers throughout.
They can't stand to see a positive comment about Trump. Yet it survives over 2,000 comments and 40,000 views.
My point is the POTUS is not some market manipulator, regardless of if there is a (D) or (R) after their name. To claim Obama owns some mythical 40% increase or Trump some mythical 25% increase or the likely coming decline is just a big political game to mislead uninformed voters.
Take any POTUS out of the equation and most economists would have told you that after the worst economic time in recent history (2008) the market was going to rebound, and after a HUGE run up like we have seen, it will eventually crash. Put Obama, Trump, or Bozo the Clown in office during any of those periods and any change in the results would be statistically indistinguishable.
Complete nonsense to ignore the different economic situations that produce such numbers. No one would take serious the numbers without understand how and what conditions existed at the time they were produced. Numbers are not analysis and alone they are facts and without analysis they are meaningless.
What "economic situations" are those?
That Obama inherited an economy with the stock market in collapse vs Trump inheriting one that was stable and had been growing for years?
That Obama inherited an economy with a housing market in collapse vs Trump inheriting one that was growing?
That Obama inherited an auto industry in collapse vs Trump inheriting one that was growing?
That Obama inherited an banking industry locked up vs Trump inheriting one that was healthy?
That Obama inherited a job market shedding over 700,000 jobs/month vs Trump inheriting one that was gaining over 200,000 jobs/month?
LOL
Trump stepped into an economy with low UE rate, healthy stock market, growing housing market, healthy auto and banking industries that was creating in excess of 200,000 jobs/month.
He coasted on that for a while but now it's not looking so good.
Average job creation numbers are down vs Obama.
Stock market gains are less than Obama.
Existing home sales for this year will be down vs Obama.
Car/truck sales are down compared to Obama.
Suck it up sunshine.
Ken
Last edited by LordBalfor; 10-23-2018 at 09:10 AM..
My point is the POTUS is not some market manipulator, regardless of if there is a (D) or (R) after their name. To claim Obama owns some mythical 40% increase or Trump some mythical 25% increase or the likely coming decline is just a big political game to mislead uninformed voters.
Take any POTUS out of the equation and most economists would have told you that after the worst economic time in recent history (2008) the market was going to rebound, and after a HUGE run up like we have seen, it will eventually crash. Put Obama, Trump, or Bozo the Clown in office during any of those periods and any change in the results would be statistically indistinguishable.
I know that's you point.
My question is - did you mention that to the OP - or just to Obama supporters?
If you did mention it to him, go ahead and point out the post.
Ken
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