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The market was crashing before the election in 2008 because of Harry & Nancy screwed things up and people could see that Obama was about to be elected and when in fact he was elected, we got the largest 1 day drop after a presidential election...
Some people really have short memories. The stock market crashed because of this thing called the Subprime Mortgage Crisis, a problem which dated back to the mid 00's. Remember? I guess you don't. Bear Sterns was going bankrupt, and so on, and so forth. This had nothing to do with Obama, Harry or Nancy.
Oh yeah, and there was a republican for president during that time. Funny how you blame the democrats in congress but not the republican president.
More horrible news for the Dims, the economy is starting to grow faster than it has in years. Not only did the Republican Congress turn the economy around almost 7 years ago after beng elected to run the legislature, now with Trump it's just getting better. Once Trump and the repubs get their tax plan passed, it's curtains for the Dims.
Status:
"everybody getting reported now.."
(set 23 days ago)
Location: Pine Grove,AL
29,556 posts, read 16,542,682 times
Reputation: 6041
Quote:
Originally Posted by Tall Traveler
You're saying they were fake, I didn't. Obama became a decent President after the Republicans were elected to run Congress and his action of signing Republican bills helped the economy. Still Trump is much better!
Your link says " fastest growth rate in 2 years" so in the context of your own article, it was growing faster in 2014 when Democrats still controlled the Senate.
Posts like the OP is why we need required classes in high school on personal finance & financial markets/instruments. It's funny how some people think somehow Trump has effected the market positively, even though:
A. He hasn't put any new economic policies in place that would affect the markets
B. The stock market has been rising consistently since 2011
I'd really enjoy if they would explain exactly how Trump has made the economy better with facts. Chances are, they can't
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Still Trump is much better!
