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I should also mention that the DOW hit new record highs under the following presidents:
- Reagan (peaking in 1987)
- Bush #1 (peaking in 1990)
- Clinton (peaking in 2000)
- Bush # 2 (peaking in 2007)
- Obama (peaking in 2016)
- and now Trump
Every single one of the last 6 presidents has seen stock market records. By bragging about Trump's stock market record, you're "bragging" about something that has happened under every single of the previous 5 presidents.
The democrats are big Government people. They believe that only big brother knows best. That's why they favor the socialist approach to governance. Not all socialist programs are bad. Our interstate highways, the Military, taking care of our disabled.
The flaw I have with todays democrats is the fact that they feel that only they have solutions. Yes the Democrat politicians honestly believe that they are needed, that without them we are screwed. They ignore the fact that their darling NAFTA was a complete disaster for the middle class. The ACA? Oh that massive tax increase wasn't especially good for the middle class either. Didn't impact our elected reps all that much though, did it? Oddly enough neither did NAFTA. Their policies seldom impact the wealthy or themselves.
Location: Live:Downtown Phoenix, AZ/Work:Greater Los Angeles, CA
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Quote:
Originally Posted by James Bond 007
I should also mention that the DOW hit new record highs under the following presidents:
- Reagan (peaking in 1987)
- Bush #1 (peaking in 1990)
- Clinton (peaking in 2000)
- Bush # 2 (peaking in 2007)
- Obama (peaking in 2016)
- and now Trump
Every single one of the last 6 presidents has seen stock market records. By bragging about Trump's stock market record, you're "bragging" about something that has happened under every single of the previous 5 presidents.
Not really much of an accomplishment, actually.
It should also be mentioned that there were stock market crashes during the first 4 of those former presidents mentioned following those high peaks
70 something % thinks the economy is doing well and that was a CNN poll.
I guess you're part of that 30.
I don't think the economy is doing bad. It's just that I don't think that what's happening under Trump is anything special. It's just a continuation of the recovery that began under Obama. If Hillary had been elected, or a different republican than Trump, same thing would have happened.
Some great material there for Trump's campaign. He doesn't even need to hire an op research team.....just play soundbites from the Democrats' anti-American debate points.
And show pictures of the homeless in Democrat controlled big cities.
Obviously that's a rhetorical question, but still.
I have especially noticed this lately.
Middle class people--generally speaking--have mortgages for homes they own, cars, decent jobs with health insurance and retirement benefits, a family to raise and feed, and kids to send to college. They're not poor and starving.
Right now taxes are lower, wages are higher, 401ks and stocks are on fire, real estate values are rising, etc.
They don't want any of this crap the dems claim they want. They aren't dying to be saved by M4A, that's a joke. They don't want higher taxes. They don't want a flood of illegals in here diluting our economy.
The middle class also makes up the bulk of the vote. They aren't going to vote against their interests come November.
Have you been outside lately? Who is this middle class of which you speak? My Real Estate is down 20%, stocks are only for the rich and in most families mom and dad are both underemployed and working two jobs.
We have spent everything we will earn and every penny anyone will lend us. As soon as we can no longer pay the interest on our debt the country will be bankrupt. You are truly lucky to live in the wonderful world you describe
That guy must live in a very blue area and choose to pay insane property taxes that he can't write off 100% of anymore. Not my problem.
The problem with that was that the govt SHOVED that tax unfairness IMMEDIATELY to these high tax states instead of phasing it in which would have given those taxpayers time to prepare (downsize, rent or move to another state). In any case, it’s pretty unfair to do this to your fellow American taxpayer, no matter which state they live in. Even in my red state, some of us in higher cost homes are not able to deduct what we could have prior to the tax overhaul due to high property tax rates (2.5-3% in major cities), sales taxes.
My inner-Loop Houston home is only up slightly over last year, with many homes sitting on the market. ALL real estate is local.
Obviously that's a rhetorical question, but still.
I have especially noticed this lately.
Middle class people--generally speaking--have mortgages for homes they own, cars, decent jobs with health insurance and retirement benefits, a family to raise and feed, and kids to send to college. They're not poor and starving.
Right now taxes are lower, wages are higher, 401ks and stocks are on fire, real estate values are rising, etc.
They don't want any of this crap the dems claim they want. They aren't dying to be saved by M4A, that's a joke. They don't want higher taxes. They don't want a flood of illegals in here diluting our economy.
The middle class also makes up the bulk of the vote. They aren't going to vote against their interests come November.
There isn't really a middle class anymore. And many of the middle class don't own stock or have 401k plans. Taxes are not lower for all.
If this is true, why have Republicans lost the suburbs?
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