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Funny how they miss the point that the market has risen to historic highs under the Trump economy. How all records have been broken, and like roaches when the lights are turned out, show up on a routine dip.
Before Trump was President, Obama hit record highs....and before Obama -- Bush -- and before Bush, Clinton.
People wrecked the economy in 2008. The environment was set by the government when Glass-Stegall was removed. People misused the lending rules and wrecked the economy.
The people handed Trump a hunger to be let loose from from sludge of regulations put on them by the Obama administration.
People are responsible for the economy.
Presidents/Congress are responsible for setting the environment for growth.
Trump just showed that Obama was holding us back.
So, who's to blame for 35% of the CEO's saying lower profits/growth, reduced capital investment, potential layoffs going forward because of the tariffs? The snow fairy?
There's a reason the market is tanking and WILL CONTINUE TO DO SO - TARIFFS.
Some are predicting another 30% decline over the next two years. Only good thing about that is we'll be in full blown recession by then and Trump will get the boot.
During Obama's time in office the stock market rose from 6,547 to 19,762 (a increase of 13,215 points.)
During Trumps time in office the stock market rose from 19,762 to 24,388 (a increase of 4,626 points.)
Now that is what I call a great apples to apples comparison! The market hit rock bottom during Obama's time in office and the recession ended (technically) in his first year. Anyone who knows basic math realizes it is easier to show a large gain when you have a lower starting point and the economy is starting to climb back. By the way, just exactly how long did it take for the market to get back to the 14,164 it had reached under Bush administration???? I believe it took about 5 years.
Notice that Bill Clinton had a Republican Congress during that time period. What did we have when it all crashed under Bush? Hmmm!
The bottom line is there are a lot of ways to spin things to make you feel better.
People wrecked the economy in 2008. The environment was set by the government when Glass-Stegall was removed. People misused the lending rules and wrecked the economy.
I have noticed the Trump backers are humbles bumbles the last couple of days.
It will be even more pronounced as the bloodbath continues next week into the end of the year and beyond.
This will NOT end until China issues are resolved. That will take years - if we ever achieve it. As long as Trump listens to the likes of Navarro, we are dead. Here's Navarro in all his lying splendor:
Lies and misrepresentations throughout, starting with CapEx investment in US. He's lying when he says the data supports it - it is less than 25% of benefit from tax cut - and planned expansions have stopped, layoffs are projected by employers subject to the tariffs.
Two of a feather - liars both - Trump and Navarro. Stock market is doomed until they are gone.
Funny how they miss the point that the market has risen to historic highs under the Trump economy. How all records have been broken, and like roaches when the lights are turned out, show up on a routine dip.
Funny how you missed the point that the market rose to historic highs under the Obama economy. How all records were broken, and like roaches when the lights were turned out, showed up on a routine dip.
I have noticed the Trump backers are humbles bumbles the last couple of days.
Yep, I noticed that too.
Its not by choice I'm sure, Trump has had another terrible week.
Today, the Justice Department, via Special Counsel Bob Mueller, revealed that Trump committed two felonies by ordering Cohen to ILLEGALLY pay off two women to keep them silent about his disgusting sexual affairs. Pig.
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