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The P/E ratio is reflecting the positive change in tax and other policies. I don’t remember any correction after May 2009 when P/e hit 123 compared to 26 today.
Maybe you grasp why January 2018 isn't a valid comparison to May 2009 in terms of the economy.
And if that's true, Trump then deserves blame for failing to do anything useful about the economy and creating a real recovery.
Righties can't have it both ways. If the stock market is the true measure of the economy, than the economy did wonderful under Obama and he's once of the greatest presidents ever because of the huge market rise under his watch, with Trump only riding his coattails.
If, on the other hand, you want to judge the health of the economy by low interest rates or something else, than the recovery was anemic and limited mostly to the stock market and Trump is a liar and a weak president since he's kept none of his promises to fix these issues.
So, those are your choices. I don't give a damn which one you pick, and arguments can be made both ways, but the right-wing hypocrisy and fact-free nonsense of trying to give Trump credit for the stock market recovery and record rise under Obama is just intellectual fraud of the highest level given how easy it is to discredit.
They will perform mental gymnastics to avoid giving Obama credit for the same things they are giving Trump credit for even if you show them the facts.
They will perform mental gymnastics to avoid giving Obama credit for the same things they are giving Trump credit for even if you show them the facts.
Neither should be getting credit for inflating financial bubbles. But to the bigger point. You are arguing that Obama and Trump are the same here and while that is true, it's why Trump is president.
No surprise to see CNN endorsing incorrect predictions....
CNN are so easily misguided, they are comical!
Its like if your pet dog could talk, that's like CNN
Yep, they fooled me with their predictions that a Trump win would kill the market and I figured Trump was going to win and pulled most of my money out of the market before the election.....I joined the Trump bump on the 2nd day after the election....#MAGA!
One day soon it will all come crashing down and the country will know just how inept or sick Trump truly is.
All doesn't need to come crashing down to figure out just how "inept or sick Trump truly is," but too bad that's how it seems to work for so many people who don't understand what good Trump is doing and what bad Trump is doing, where Trump deserves credit and/or blame and where not, people who can't "connect the dots" of causality the way we need to...
If on one side you have a group of people who insist the Sun is rising because the rooster is crowing and on the other side you have people who know better, how do you get the rooster people to know better too?
From what I can tell reading these threads, facts, reason and logic is not the way. Right! Maybe all needs to come crashing down for some people to think otherwise about Trump. Then again, not even that would shake the faith and admiration that Trump enjoys among his followers.
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