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re: The Dow's 31% gain during Trump's first year is the best since FDR

Posted on 1/19/18 at 8:44 am to
Posted by roadGator
Member since Feb 2009
139831 posts
Posted on 1/19/18 at 8:44 am to
The media will show you who to praise and who to blame.

It's happening now.

Economy good in 2017...praise Lord Obama

Economy has a correction in 2018...Trump is Hitler

Come on man.
Posted by Oilfieldbiology
Member since Nov 2016
37462 posts
Posted on 1/19/18 at 8:44 am to
If the economy keeps rolling like it currently is, trump will be able to borrow another one of Reagan’s campaign strategies:

If you are better off now than you were 4 years ago, vote for me. If you are worse off, vote for my opponent.

If the economy keeps rolling, it’s going to be a blood bath
Posted by Codythetiger
Arkansas
Member since Nov 2006
27557 posts
Posted on 1/19/18 at 8:46 am to
quote:

This shite doesn't happen overnight. Credit the former regime for righting the ship. Trump, while capitalizing, is riding coattails.


Pretty sure the graphs show a downward trend for like 7 years; then we get the upswing.

I bet the upswing came from the markets knowing Trump would be president, there was hope in the markets.
Posted by Bass Tiger
Member since Oct 2014
45994 posts
Posted on 1/19/18 at 8:58 am to
quote:

This shite doesn't happen overnight. Credit the former regime for righting the ship. Trump, while capitalizing, is riding coattails.


How many times do I have to explain this shite to you people, Obammy did not do a damn thing! Bush started the bailouts during the financial crisis of 2007-2009 and Bush was told how things were going to go down by the Fed/Global Banking Cabal. Obammy was thrown a bone during the bailouts for GE, GM and few other select "too big to fail" companies.

The Obammy economy was based on the worst crash of the equities market since the Great Depression and the injection of money into the markets via TARP/ZIRP/QE which Obammy had nothing to do with. Obammy was told to by the Fed/Global Banking Cabal to keep talking your BS to the American people, take your azz on the US Apology Tour and we'll handle the bailouts and the economy.

What's happening today is real growth, created by a positive business environment courtesy Donald J Trump!
Posted by awestruck
Member since Jan 2015
10929 posts
Posted on 1/19/18 at 9:00 am to
Really doesn't matter if you accept what history will recognize as true.

Awol-Bush-43 was at the helm two terms and the economy failed miserably at a time of ever increasing financial deregulation, ever increasing cronyism,

and



Of course there was that little dot com bubble collapse; which he indeed temp begin righting, but that ship dipped again as his (your?) policies tanked by the end of his reign.
Posted by keks tadpole
Yellow Leaf Creek
Member since Feb 2017
7574 posts
Posted on 1/19/18 at 9:01 am to
quote:

The economy and The Court


and The Storm.

Two down, one to go.
Posted by HubbaBubba
F_uck Joe Biden, TX
Member since Oct 2010
45715 posts
Posted on 1/19/18 at 9:02 am to
quote:


Remember when the left swore Trump would crash the markets
and it would never recover!
Posted by Colonel Flagg
Baton Rouge
Member since Apr 2010
22780 posts
Posted on 1/19/18 at 9:09 am to
What policy tanked?
Posted by Y.A. Tittle
Member since Sep 2003
101322 posts
Posted on 1/19/18 at 9:13 am to
quote:

Awol-Bush-43 was at the helm two terms and the economy failed miserably at a time of ever increasing financial deregulation, ever increasing cronyism,


9/11 threw a whole lot of things out of whack for long time -- hell, we're still dealing with many of the repercussions. Many of those things were the result of things W did (or allowed to happen) in reaction to that. I'm not sure who would have done things differently/better, such that the end results would have been different/better in the face of that, though.
Posted by Robin Masters
Birmingham
Member since Jul 2010
29691 posts
Posted on 1/19/18 at 9:15 am to
What specifically did Obama do to position the Dow for this sudden growth after 8 years of consistent but gradual improvement? It’s obvious what steps Trump took but if it was actually Obama then there should be some actions which are responsible.
Anyone, anyone? Bueller?
Posted by BeefDawg
Atlanta
Member since Sep 2012
4747 posts
Posted on 1/19/18 at 9:15 am to
quote:

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.

This is ignorant drivel.

I’m a stock broker and CFP of 20 years. I do this for a living.

I gave you 22 months, not just 1 year. And the reason I didn’t do 24 months is because the market took a clear new trajectory on Nov 8th, 2016.

Again, on Jan 2015, the market was at 17,400. On Nov 7th 2016, 22 months later, it was at 17,900.

You can’t tell us Obama policy caused his stock market to only go up 500 points over his last two years, and then suddenly on election night he implemented some new policy that sent it on an 8,000 point skyrocket.

Can you name the policy that made that incredibly drastic shift? No, because there wasn’t anything he did.

Going from 2 years of flat +500 to skyrocketing +8,000 is not a continuing trend. You have to be a bumbling retard to suggest that’s a trend.

To not acknowledge that Trump’s America First agenda and policies are the direct cause of this is intellectual dishonesty. He’s done over 50 EO’s, many of which have cut thousands of business stifling regulations, expanded fossil fuel exploration and drilling, and attacked trade deals and trade deficits. He has negotiated with dozens of huge conglomerates and made deals for them to bring investment and jobs to the US. He saved billions upon billions by pulling us out of shite like the TPP and Climate Accords.

Just the prospect of his pro-business agenda and tax plan sent business and consumer confidence through the roof.

We didn’t hit 80 new records in the stock market because of a damn thing Obama did.

Can you even name what Obama’s policies were that got us out of the housing/lending crisis created recession?

I can. It was called Quantitative Easing. Do you know what this is? It’s called “Leveraging”. Meaning you borrow money and spend it.

In our case, Bush borrowed $1 trillion in 08 and bailed out the dozen “too big to fail” banks. Then from 09-12 Obama borrowed $5 trillion more and bailed out 900 companies and banks, in addition to bailing out Fannie and Freddie, which while controlled by Democrats, was the basis cause behind the original housing bubble crash and recession.

Obama literally printed new dollars out of thin air and gave them away. And then instead of raising inflation accordingly, he had the Fed hold it down artificially so that the dollar didn’t lose value. This created another bubble. An inflation/interest rate/currency bubble. This is how he faked it and made his economy look better than it was. Which still wasn’t good.

You can’t average 1.9% GDP over 8 years, when true inflation is really at 3% or more, and call this a growing economy.

The stock market dropped 8,000 points in the housing bubble crash, and it took 6 years to recover from this by infusing $6 trillion of Monopoly money into the economy through mass bailouts. Trump just raise the market 8,000 points in 14 months and his policies have saved us from Obama’s inflation bubble bursting.

The Fed is now raising interest rates again. We were teetering on the edge of another bubble bursting, especially if Hillary would have won and continued the Obama economic agenda of over-regulation, tax, and spend. But Trump has staved off that disaster with his policies.

You are an ignorant trash poster. Get educated by something other than Leftist shill media, dumbass.
Posted by Toddy
Atlanta
Member since Jul 2010
27250 posts
Posted on 1/19/18 at 9:15 am to
quote:

Credit the former regime for righting the ship. Trump, while capitalizing, is riding coattails.


Most people realize that.
Posted by LSURulzSEC
Lake Charles via Oakdale
Member since Aug 2004
77298 posts
Posted on 1/19/18 at 9:25 am to
quote:

This is ignorant drivel.

I’m a stock broker and CFP of 20 years. I do this for a living.

I gave you 22 months, not just 1 year. And the reason I didn’t do 24 months is because the market took a clear new trajectory on Nov 8th, 2016.

Again, on Jan 2015, the market was at 17,400. On Nov 7th 2016, 22 months later, it was at 17,900.

You can’t tell us Obama policy caused his stock market to only go up 500 points over his last two years, and then suddenly on election night he implemented some new policy that sent it on an 8,000 point skyrocket.

Can you name the policy that made that incredibly drastic shift? No, because there wasn’t anything he did.

Going from 2 years of flat +500 to skyrocketing +8,000 is not a continuing trend. You have to be a bumbling retard to suggest that’s a trend.

To not acknowledge that Trump’s America First agenda and policies are the direct cause of this is intellectual dishonesty. He’s done over 50 EO’s, many of which have cut thousands of business stifling regulations, expanded fossil fuel exploration and drilling, and attacked trade deals and trade deficits. He has negotiated with dozens of huge conglomerates and made deals for them to bring investment and jobs to the US. He saved billions upon billions by pulling us out of shite like the TPP and Climate Accords.

Just the prospect of his pro-business agenda and tax plan sent business and consumer confidence through the roof.

We didn’t hit 80 new records in the stock market because of a damn thing Obama did.

Can you even name what Obama’s policies were that got us out of the housing/lending crisis created recession?

I can. It was called Quantitative Easing. Do you know what this is? It’s called “Leveraging”. Meaning you borrow money and spend it.

In our case, Bush borrowed $1 trillion in 08 and bailed out the dozen “too big to fail” banks. Then from 09-12 Obama borrowed $5 trillion more and bailed out 900 companies and banks, in addition to bailing out Fannie and Freddie, which while controlled by Democrats, was the basis cause behind the original housing bubble crash and recession.

Obama literally printed new dollars out of thin air and gave them away. And then instead of raising inflation accordingly, he had the Fed hold it down artificially so that the dollar didn’t lose value. This created another bubble. An inflation/interest rate/currency bubble. This is how he faked it and made his economy look better than it was. Which still wasn’t good.

You can’t average 1.9% GDP over 8 years, when true inflation is really at 3% or more, and call this a growing economy.

The stock market dropped 8,000 points in the housing bubble crash, and it took 6 years to recover from this by infusing $6 trillion of Monopoly money into the economy through mass bailouts. Trump just raise the market 8,000 points in 14 months and his policies have saved us from Obama’s inflation bubble bursting.

The Fed is now raising interest rates again. We were teetering on the edge of another bubble bursting, especially if Hillary would have won and continued the Obama economic agenda of over-regulation, tax, and spend. But Trump has staved off that disaster with his policies.

You are an ignorant trash poster. Get educated by something other than Leftist shill media, dumbass.




Posted by BeefDawg
Atlanta
Member since Sep 2012
4747 posts
Posted on 1/19/18 at 9:27 am to
quote:

Most people realize that.

Oh look, the most intellectually dishonest gaytard in this joint chimes in with another fallacy.
Posted by LSURulzSEC
Lake Charles via Oakdale
Member since Aug 2004
77298 posts
Posted on 1/19/18 at 9:30 am to
quote:

Most people realize that.


No, only dumbass prog filth posters like you continue to sky scream that lie to each other so you don't have to face reality that there was not a fricking thing Obama did over the course of 8 years except make things worse...
Posted by awestruck
Member since Jan 2015
10929 posts
Posted on 1/19/18 at 9:48 am to
???more 43 (deflection)
Posted by mtntiger
Asheville, NC
Member since Oct 2003
26615 posts
Posted on 1/19/18 at 9:50 am to
We are recovering from a downturn of sorts though. The economy under BHO was on life support.

It has been reinvigorated under the Donald.
Posted by 9th life
birmingham
Member since Sep 2009
7310 posts
Posted on 1/19/18 at 9:57 am to
quote:

Most people realize that.


I don't.
The Dow is seeming to set new records everyday, that doesnt equate riding coattails to me.
Posted by The Maj
Member since Sep 2016
27063 posts
Posted on 1/19/18 at 10:01 am to
Just curious, but do you have a graph that goes past 2009? I am sure there is one available somewhere...
Posted by LSU Patrick
Member since Jan 2009
73472 posts
Posted on 1/19/18 at 10:04 am to
"Reign of Chaos"

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