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The Dow's 31% gain during Trump's first year is the best since FDR
Posted by HailHailtoMichigan! on 1/19/18 at 12:09 am222
LINK
Regardless of whether or not trump deserves credit, it's remarkable to see growth like this when the economy is not immediately recovering from a downturn (like fdr and depression)
Regardless of whether or not trump deserves credit, it's remarkable to see growth like this when the economy is not immediately recovering from a downturn (like fdr and depression)
re: The Dow's 31% gain during Trump's first year is the best since FDRPosted by ultratiger89 on 1/19/18 at 12:10 am to HailHailtoMichigan!
MAGA
re: The Dow's 31% gain during Trump's first year is the best since FDRPosted by FooManChoo on 1/19/18 at 12:13 am to HailHailtoMichigan!
At the very least he can't be blamed for it being in bad shape.
re: The Dow's 31% gain during Trump's first year is the best since FDRPosted by EKG on 1/19/18 at 12:16 am to HailHailtoMichigan!
The economy and The Court are the reasons I voted for Trump.
So far, so good.
So far, so good.
re: The Dow's 31% gain during Trump's first year is the best since FDRPosted by Pelican fan99 on 1/19/18 at 12:17 am to HailHailtoMichigan!
Remember when the left swore Trump would crash the markets
re: The Dow's 31% gain during Trump's first year is the best since FDRPosted by LSUbase13 on 1/19/18 at 12:19 am to HailHailtoMichigan!
This shite doesn't happen overnight. Credit the former regime for righting the ship. Trump, while capitalizing, is riding coattails.
re: The Dow's 31% gain during Trump's first year is the best since FDRPosted by Pelican fan99 on 1/19/18 at 12:20 am to LSUbase13
quote:no
This shite doesn't happen overnight. Credit the former regime for righting the ship. Trump, while capitalizing, is riding coattails.
re: The Dow's 31% gain during Trump's first year is the best since FDRPosted by Rougarou13 on 1/19/18 at 12:22 am to LSUbase13
quote:
This shite doesn't happen overnight. Credit the former regime for righting the ship. Trump, while capitalizing, is riding coattails.
So if the markets had crashed it would be Trump’s fault, but since they’re soaring it’s due to Obama’s policies.
Csb
quote:
This shite doesn't happen overnight. Credit the former regime for righting the ship. Trump, while capitalizing, is riding coattails.
The goddamn stock market went up a whopping 500 points from Jan 2015 to Nov 2016.
22 months. From 17,400 to 17,900.
At the same time, GDP growth averaged 1.8%.
How in the hell can you suggest 2 years of flat market and stagnant economy is the “coattails” to an 8,000 point market gain and 3.3% GDP growth?
Get your head out of your arse.
WSJ: Economists Credit Trump as Tailwind for U.S. Growth, Hiring and Stocks
quote:
Economists surveyed by The Wall Street Journal say President Donald Trump has had generally positive effects on U.S. economic growth, hiring and the performance of the stock market during his first year in office.
The professional forecasters also predicted 2018 would see solid growth and a continued decline in the jobless rate. One factor: the tax cuts signed into law by Mr. Trump in December, which most economists say will boost the economy for several years at least.
More broadly, most forecasters surveyed by the Journal suggested Mr. Trump’s election deserves at least some credit for the economy’s recent strength.
Asked to rate Mr. Trump’s policies and actions to date, a majority of economists said he had been somewhat or strongly positive for job creation, gross domestic product growth and the stock market. Most also said he had been either neutral or positive for the country’s long-term growth trajectory, while his influence on financial stability was seen as largely neutral.
“There is definitely a sense in the business community that the president’s actions on taxes and regulations have led to a more pro-growth environment for them to operate,” said Chad Moutray, chief economist at the National Association of Manufacturers.
[…]
A year ago, President Barack Obama got mixed grades as he prepared to leave office after eight years. Most economists surveyed by the Journal in January 2017 saw his policies as positive for financial stability, positive or neutral for job creation, negative or neutral for GDP growth and negative for long-term potential growth.
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Another 'cherry picker' shaking last years tree. . .
. . . a very simple look at a stock market graph ( here's one) from something besides the very last year, say for instance from beginning of time or last 5 years, will show the latest trend began the year before his lordship and a general upswing since the market tumbled into the mire from the "Bush Leaguer'. We've been very fortunate the market he inherited was not like the one left by our last (so called) pro-business guy.
Like it or not Barry got the worst economy since 'The Great Depression' turned around.
Yep, Trumps not hurt things and he's definitely created a more business friendly environment; however he didn't right the ship or turn it around, he's simply reaping the benefits of an America that's always been great and not partial to lying idly around.
How you like them apples fruit picker.
. . . a very simple look at a stock market graph ( here's one) from something besides the very last year, say for instance from beginning of time or last 5 years, will show the latest trend began the year before his lordship and a general upswing since the market tumbled into the mire from the "Bush Leaguer'. We've been very fortunate the market he inherited was not like the one left by our last (so called) pro-business guy.
Like it or not Barry got the worst economy since 'The Great Depression' turned around.
Yep, Trumps not hurt things and he's definitely created a more business friendly environment; however he didn't right the ship or turn it around, he's simply reaping the benefits of an America that's always been great and not partial to lying idly around.
How you like them apples fruit picker.
re: The Dow's 31% gain during Trump's first year is the best since FDRPosted by Oilfieldbiology on 1/19/18 at 7:08 am to HailHailtoMichigan!
This scares the ever living shite out of me. I just keep waiting for the bubble to pop and my savings to plummet. I guess good thing I already spent most of my money so I’m not very liquid at the moment
re: The Dow's 31% gain during Trump's first year is the best since FDRPosted by Colonel Flagg on 1/19/18 at 8:09 am to awestruck
quote:
Like it or not Barry got the worst economy since 'The Great Depression' turned around.
Hopefully you aren’t too stupid to realize the policies that led to the economic collapse were due to policies the dems and Obama fought for and continue to fight for.
Every Obama and dem supporter should be happy the shale boom carried the economy for a long time also even though they are too stupid to support hydraulic fracturing and embrace natural gas.
This post was edited on 1/19 at 8:12 am
re: The Dow's 31% gain during Trump's first year is the best since FDRPosted by awestruck on 1/19/18 at 8:30 am to Colonel Flagg
You read ?
Or just not realize you've invalidated yourself by talking about Barry causing an economic collapse before he was even PROTUS.
Or just not realize you've invalidated yourself by talking about Barry causing an economic collapse before he was even PROTUS.
re: The Dow's 31% gain during Trump's first year is the best since FDRPosted by dewster on 1/19/18 at 8:37 am to HailHailtoMichigan!
Paul Krugman thought the economy would never recover from Trump's victory.
re: The Dow's 31% gain during Trump's first year is the best since FDRPosted by Y.A. Tittle on 1/19/18 at 8:38 am to LSUbase13
quote:
This shite doesn't happen overnight. Credit the former regime for righting the ship. Trump, while capitalizing, is riding coattails.
While there may be a bit of credence to this, the markets are mostly forward looking.
re: The Dow's 31% gain during Trump's first year is the best since FDRPosted by Bass Tiger on 1/19/18 at 8:38 am to HailHailtoMichigan!
quote:
The Dow's 31% gain during Trump's first year is the best since FDR
Impossible, Morning Melt is saying Obammy's economy was much better than Trump's, has to be true.
re: The Dow's 31% gain during Trump's first year is the best since FDRPosted by Colonel Flagg on 1/19/18 at 8:40 am to awestruck
I am just making the point that the economic crisis that Obama inherited was due to policies he and his own party already supported. The Bush regime and republicans are at fault for comrpomising with the democrats and letting those policies destroy the economy. I think it is disingenuous to say he inherited something which he already supported failed policies that created it.
re: The Dow's 31% gain during Trump's first year is the best since FDRPosted by 9th life on 1/19/18 at 8:41 am to HailHailtoMichigan!
i dont know to what degree you can credit a president for the economy, but it has noticeably improved since Trump took office.
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