President Trump is absolutely the greatest on the economy. Dow breaks 25,000 (Christmas, Clinton)
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
With the tax cuts for the rich, they have already admitted that the big business leaders will do more stock buybacks. They are rewarded financially when the stock price increases and stock buybacks increase the stock price. The top 1% own almost 40% of the stock market in America. They are flying!
Seriously, can we just stop now? We've got people praising Trump for everything from "being the true spirit of Christmas" to "preventing planes from falling out of the sky." The cult-like mindset is no longer funny.
The Dow has been on a strong, steady rise since about late 2009 to 2010. You know, when Obama was in office. Righties refuse to give Obama any credit for any of that, but now have the absurd and hypocritical nerve to somehow try to give credit to Trump for doing basically nothing for 1 out of 7+ years of recovery.
Left AND right sources (CNN and Forbes) agree that this type of boot-licking and fact warping is absurd. Either Obama is one of the greatest president we ever had (based on stock market performance) and Trump is "pretty good, too." Or, the recovery under Obama "never happened" - which is a right-wing lie - and Trump can't be credited for it, either... because it never happened.
This laughably partisan and fact-free picking and choosing of reality is exactly why the far-right has lost all credibility.
The "left" did make this same argument about Obama.
Except the recovery started under Obama, so while it is not accurate to give credit to the economy to ANY president, it is factually correct to say "the stock market started doing really well again under Obama and rose to new highs."
On the other hand, it is factually INCORRECT to pretend that Trump started at a terrible low in the market - unlike Obama - and somehow drove the market to new highs. The reality is that under Obama, the market recovered from a huge crash to new highs, while Trump is just riding along on Obama's coattails.
Can you imagine if Hillary was in charge or worse the communist ?
The market would be about exactly the same as it is today, unless you seriously think Trump has done anything of value? He hasn't. Even his pay-day loan style tax scam, while good for fluffing the market, will have long-term negative effects.
Ah, the far right. They'd rather have a raging lunatic like Trump in office than somebody sane who might be slightly left of center. Laughable.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
