President Trump is absolutely the greatest on the economy. Dow breaks 25,000 (ratings, jobs)

[Ariadne22]

Originally Posted by cyrano

It broke 25,000 all right...broke it into little pieces. Just what you’d expect from a megalomaniacal man-child with no impulse control.

Originally Posted by odanny

How's that "greatest on the economy" looking after the markets closed today?

Yup - with exception of NASDAQ, we are now below the EOY close:

12-31-17 – DJIA – 24,719.22; S&P – 2,673.61 NASDAQ – 6,903.39
03-22-18 – DJIA – 23,957.89; S&P – 2,643.69 NASDAQ – 7,166.68

This would be understandable if there was good reason for it. But the chaos and selling is all Trump-made - ill thought out tariffs. The deficits from the tax reform were bad enough. GOP hoped - literally hoped without any real evidence - that tax revenues from hoped-for GDP growth due to the reform would offset the deficits.

Now, tariffs have shot that hope all to hell. There won't be any new tax revenues - and many manufacturers will not be bringing their businesses back if they are faced with tariffs on imported raw materials and then retaliatory tariffs when they sell overseas.

What a way to MAGA. Talk about being dumbasses.

[Eli34]

Trump is doing to this country what he has done to his past businesses ——crash and burn it to the ground.

[jm1982]

Originally Posted by Eli34

Trump is doing to this country what he has done to his past businesses ——crash and burn it to the ground.

You might want to let CNN know .





Trump Organization is now America's 48th largest private company - Dec. 15, 2016

[GotHereQuickAsICould]

Last I read, the only Trump developments reporting a profit were the ones he visits regularly. Based on hospitality taxes, all the rest were showing declining income. Golfers report nearly empty golf courses. Hotels and condos are taking Trump off the side of their buildings.

Remains to be seen how much is owed to Russian "financiers" and how much longer they will continue backing his play.

But regardless of how Trump's business is doing, America's business is taking some hits here.

[Finn_Jarber]

https://www.youtube.com/watch?v=WPZn4rbiB8g

[KayAnn246]

Originally Posted by Eli34

Trump is doing to this country what he has done to his past businesses ——crash and burn it to the ground.

]

We won't see him go on Twitter to address the crash the same way he brags about the "record highs".

[moneill]

It could be a bumpy ride today. Hang on kids.

[carterstamp]

Yep, as predicted, a trade war with China. If anyone is surprised at this, you haven't been paying attention. Anything we buy that's made in China is going to cost more. Check yer labels.

[carterstamp]

Originally Posted by moneill

It could be a bumpy ride today. Hang on kids.

Yep, hold on to your 401ks.

[RMESMH]

Originally Posted by Finn_Jarber

https://www.youtube.com/watch?v=WPZn4rbiB8g

One of my favorite movies from the 80s.