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Message
re: Trump loses any economic debate---the numbers do not lie--GDP performing better now
Posted on 5/15/23 at 3:31 pm to I B Freeman
Posted on 5/15/23 at 3:31 pm to I B Freeman
quote:
Trump loses any economic debate
My 401k would argue otherwise.
3
Posted on 5/15/23 at 3:36 pm to WPBTiger
Wow. You must have some kind of counter cyclical 401 k.
S&P index had recovered to 3756 at the end of 2020 after having collapsed to 2304 in March--the last year of Trump's administration.
The S&P stands today at 4136.
You need to find a better argument for the Orange Man than the economy. Any thinking person can see that argument is a loser.
Maybe you can proclaim the virtues of Trump's trusted advisors like Kanye, Lindell, Powell, Hill, Omarosa??
S&P index had recovered to 3756 at the end of 2020 after having collapsed to 2304 in March--the last year of Trump's administration.
The S&P stands today at 4136.
You need to find a better argument for the Orange Man than the economy. Any thinking person can see that argument is a loser.
Maybe you can proclaim the virtues of Trump's trusted advisors like Kanye, Lindell, Powell, Hill, Omarosa??
Posted on 5/15/23 at 3:47 pm to WPBTiger
quote:
My 401k would argue otherwise.
Stock market is healthier now than it was then. By 2020 QE had turned it into a slot machine in some circus tent. They should have started QT by 2018. In 2020 Hertz declared bankruptcy and then went up $4 per share. The average 401k is still higher now than it was in 2019.
Posted on 5/15/23 at 5:02 pm to WPBTiger
My retirement portfolio would argue in the affirmative, to the OP. It was losing 1K - 2K DAILY for two weeks back in March/April 2020.
Thanks to Bidenomics, it's recovered to levels above where it peaked before the Trump collapse.
What I think is immediately worrisome is the discontinuation of Social Security payments following the likely debt ceiling debacle crafted by McCarthy and the Republicans. How could Trump, or any Republican candidate spin this to their advantage in a debate?
Thanks to Bidenomics, it's recovered to levels above where it peaked before the Trump collapse.
What I think is immediately worrisome is the discontinuation of Social Security payments following the likely debt ceiling debacle crafted by McCarthy and the Republicans. How could Trump, or any Republican candidate spin this to their advantage in a debate?
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