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Started By
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Posted on 8/2/20 at 9:52 am
Posted on 8/2/20 at 9:52 am
(no message)
This post was edited on 9/26/21 at 3:20 pm
25
Posted on 8/2/20 at 9:55 am to tigersfan1989
Think cuba and venezuela.
Posted on 8/2/20 at 9:56 am to tigersfan1989
You'd be assuming the current POTUS's economic policy has immediate impact. That's a fairly short term view to take of US economics. You'd be discounting all black swan events, and not assigning responsibility for these. Very few current economic policies have immediate impact. Some do. The $1,200 likely resulted in higher retail sales. It's true long term impact remains to be seen, and will have little to do with the policy of who is POTUS at that time.
Posted on 8/2/20 at 9:58 am to tigersfan1989
I made more in 3 years under a Trump admin than I did in 8 years of Obama.
Remember “the new normal” Obama tried to convince us of?
Give me another run like Trump did and I’ll be ready to retire.
Remember “the new normal” Obama tried to convince us of?
Give me another run like Trump did and I’ll be ready to retire.
This post was edited on 8/2/20 at 10:02 am
Posted on 8/2/20 at 9:58 am to tigersfan1989
They are owned by corporations?
Posted on 8/2/20 at 9:59 am to tigersfan1989
Well, sonny, I know it's gonna be hard for you kids to believe. But back in the day Democrats were not communists. No, really, it's true.
Posted on 8/2/20 at 10:00 am to tigersfan1989
That's odd. Up until COVID, we were hitting record numbers almost daily. I made more under Trump than any other POTUS.
Posted on 8/2/20 at 10:02 am to tigersfan1989
quote:
Thoughts?
Were they? Under Reagan we had a strong market and the creation of numerous IPOs that gave birth to the internet revolution. What Clinton left? GWB wasn't much better and under Obama the economy barely recover to pre 08 levels. Matter of fact the market didn't skyrocket until Trump was elected. Reagan and Trump easily hold the record in the last 50 years of market value. If this Chinese virus didn't happen, the stock market could have doubled its entire value in just 4 years of Trump.
Posted on 8/2/20 at 10:05 am to tigersfan1989
Most corporate bigwigs are Dems. They are anti-competition.
They got theirs and they don't want anyone else to get to their level. It's why I laugh when I hear Dem politicians rail about Republicans being greedy when their big money benefactors are the greediest SOBs out there. Another reason is that the corporate CEOs vote Dem to keep the rank and file Dems from going after them regarding greed and wealth confiscation.
They got theirs and they don't want anyone else to get to their level. It's why I laugh when I hear Dem politicians rail about Republicans being greedy when their big money benefactors are the greediest SOBs out there. Another reason is that the corporate CEOs vote Dem to keep the rank and file Dems from going after them regarding greed and wealth confiscation.
Posted on 8/2/20 at 10:08 am to Floyd Dawg
Great post
Posted on 8/2/20 at 10:08 am to tigersfan1989
quote:
Why are stock market returns higher with a Democrat as president?
My only investment in a company stock - Nov 8, 2016, right at $97 a share. Yesterday's close - $173.35 a share. Try again.
Posted on 8/2/20 at 10:08 am to tigersfan1989
quote:
Full disclosure I’m not a party voter I’ve voted for republican And democrat candidates so I’m not bias one way or the other
ROFLMAO
Posted on 8/2/20 at 10:09 am to tigersfan1989
Were you in a coma the last three years?
Posted on 8/2/20 at 10:10 am to tigersfan1989
So many people died because of the Reagan and Trump tax cuts the entire GDP contracted
Posted on 8/2/20 at 10:13 am to jimmy the leg
In the last 40 years, taxes have generally gone down regardless of party. Clinton decreases the capital gains rate. Under Obama taxes went up slightly but he benefited coming into office right at the end of the Great Recession. Biden plans to dramatically jack up taxes.
Basically, dig into the policy not the party.
Basically, dig into the policy not the party.
Posted on 8/2/20 at 10:16 am to tigersfan1989
because you phaggots cherry pick the dates in which you calculate returns.
just because you people are idiots it doesn't mean the rest of us are.
just because you people are idiots it doesn't mean the rest of us are.
Posted on 8/2/20 at 10:20 am to tigersfan1989
Where are your numbers?
I’m assuming you are crediting Clinton for the tech boom, giving Obama the benefit of net gains without penalizing him for tanking badly most of his presidency, and holding Trump accountable for state covid lockdowns that put millions out of work.
Overall, you are taking and extremely narrow view here. Obama for example, really did nothing from a policy perspective that helped the economy at all.
I’m assuming you are crediting Clinton for the tech boom, giving Obama the benefit of net gains without penalizing him for tanking badly most of his presidency, and holding Trump accountable for state covid lockdowns that put millions out of work.
Overall, you are taking and extremely narrow view here. Obama for example, really did nothing from a policy perspective that helped the economy at all.
Posted on 8/2/20 at 10:24 am to tigersfan1989
Gotta be careful of mistaking randomness for causality here. For example, stock market returns absolutely skyrocketed for Clinton, but that was strongly driven by the dot-com boom. And it’s hard for me to see any way in which either political party could take credit for that event.
Likewise, that boom went bust in 2001, just after bush took over. But it’s impossible to blame that bust on bush directly. It was always going to happen regardless of whether bush or gore won in 2000; the market was simply primed to pop.
The truth is, government has relatively little capacity to influence the economy in the short run. Now long run impacts are certainly frequent, and the gov has done a lot of things in a lot of administrations that has both helped and harmed our long run capacity to grow. But usually, those impacts are felt many years after the policies are implemented, meaning that looking for any correlation between economic indicators and political party occupying the White House is going to be fraught with opportunities for misinterpretation.
Likewise, that boom went bust in 2001, just after bush took over. But it’s impossible to blame that bust on bush directly. It was always going to happen regardless of whether bush or gore won in 2000; the market was simply primed to pop.
The truth is, government has relatively little capacity to influence the economy in the short run. Now long run impacts are certainly frequent, and the gov has done a lot of things in a lot of administrations that has both helped and harmed our long run capacity to grow. But usually, those impacts are felt many years after the policies are implemented, meaning that looking for any correlation between economic indicators and political party occupying the White House is going to be fraught with opportunities for misinterpretation.
Posted on 8/2/20 at 10:26 am to tigersfan1989
You can't time the market. Nobody knows when it is going up or down. So your question doesn't really matter to me.
The one thing I do know is without the Republicans holding check on the Democrats, we would be living in a full blown socialist country. That is what the Democrats want, full blown socialism. And I have no doubt that history shows that capitalism wins.
So the question to me isn't why returns happen to be better during a Dem presidency but who will keep the market going strong over the long term. Which party does a better job of promoting capitalism over socialism. It is not the Dems.
The one thing I do know is without the Republicans holding check on the Democrats, we would be living in a full blown socialist country. That is what the Democrats want, full blown socialism. And I have no doubt that history shows that capitalism wins.
So the question to me isn't why returns happen to be better during a Dem presidency but who will keep the market going strong over the long term. Which party does a better job of promoting capitalism over socialism. It is not the Dems.
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