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

Discussion in 'Current Events' started by Josephwalker, Jan 19, 2018.

  1. Jestsayin

    Jestsayin Well-Known Member Past Donor

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    I forgot. Pot is legal in some states. My bad.
     
  2. fizbo

    fizbo Well-Known Member

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    Natty, I understand your never ending recording of the same leftist dogma, but what does that have to do with Trump being largely responsible for a roaring Stock Market?? Did you miss the topic here??
     
  3. Natty Bumpo

    Natty Bumpo Well-Known Member

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    I always question to what extent any president influences the stock market and/or the economy, even Obama's eight years of growth.

    The disciples of trumpery can certainly ask, "Why is our messiah so relentlessly unpopular with the American people while the stock market is doing so well?" To whatever extent one believes he may have influenced it, Americans must take a more balanced, comprehensive view of his performance.
     
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  4. Kode

    Kode Well-Known Member

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    What's a "pre financial level"?
     
  5. Kode

    Kode Well-Known Member

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    Irrelevant. Your lack of punctuation is irrelevant as well. Class war is what happens every day when the capitalist class and their defenders promote assaults on the wellbeing of the people.
     
  6. Jonsa

    Jonsa Well-Known Member Past Donor

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    "global models"? Of course every model that "models" the same parameters will show the same results. Examine those parameters and all of a sudden its assumptions of future economic performance are pie in the sky optimism. A more realistic assessment says between 1.5 and 2 trillion. AFter 8 years of republican bleating about the debt, a couple of government shutdown crises that resulted in the compromise of sequester as the gun to the head if a deal didn't get done OVER the debt issue, and now its peanuts anyway? Brilliant, ain't buying it. Live by the sword die by the sword.
     
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  7. AFM

    AFM Well-Known Member Past Donor

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    Pre financial crisis.
     
    Last edited: Jan 19, 2018
  8. AFM

    AFM Well-Known Member Past Donor

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    The CBO model doesn’t include the global effects. The Tax Foundation model does. The $1.5T over 10 years is fiction.
     
  9. AFM

    AFM Well-Known Member Past Donor

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    And they will. The latest to enjoy the benefits are Apple employees.
     
  10. AFM

    AFM Well-Known Member Past Donor

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    That’s absurd.
     
  11. Jonsa

    Jonsa Well-Known Member Past Donor

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    Which model would that be?
     
  12. Bluesguy

    Bluesguy Well-Known Member Donor

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    That and my IRA's are looking good. Just think if we'd have had pro-business, pro-growth policies back in 2010.
     
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  13. Bluesguy

    Bluesguy Well-Known Member Donor

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    So then it was Bush who "saved us from another Great Depression" and Bush who "turned the economy around and got us back on track" in 2009 not Obama?
     
  14. Bluesguy

    Bluesguy Well-Known Member Donor

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    What happened to unemployment after his stimulus was passed? How high did it go and how long did it stay there?
     
  15. Daniel Light

    Daniel Light Well-Known Member

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    That's a good gain on stocks ... but Trump is still fat.
     
  16. Bluesguy

    Bluesguy Well-Known Member Donor

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    Actually back to January 2015. At least at that time the markets knew the bleeding would be stopped cut still anticipated a Democrat president. Obama did NOTHING after 2015 towards the economy other than talk about it's the first thing he thought about every morning, along with global warming, equal rights, solar power and a host of other things he thought about. Trumps election but that into high gear and opened the floodgates.
     
  17. Bluesguy

    Bluesguy Well-Known Member Donor

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    So 2009 and saving the economy and the country from a Great Depression and turning the economy around was still a 100% Bushanomics? Not Obama as is asserted?
     
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  18. Daniel Light

    Daniel Light Well-Known Member

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    And eventually, people will take their profits and jump back out of the market ... always happens, the only question is it before the next election. That's life.
     
  19. Daniel Light

    Daniel Light Well-Known Member

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    Technically, the US Treasury Department measures by Fiscal Years. Obama's first fiscal year was 2010. Trump's will be 2018.
     
    Last edited: Jan 19, 2018
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  20. Jonsa

    Jonsa Well-Known Member Past Donor

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    they did. they just weren't prepared to had over the keys. Lots of positive metrics in assessing his presidency but facts have no business in this discussion do they?
     
  21. Daniel Light

    Daniel Light Well-Known Member

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    Personally, I'd rather have 20 years of slow, steady growth than these 8 year boom and bust cycles brought on by an overheated economy. The Bond Market is already showing indications of a pending recession.
     
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  22. Capt Nice

    Capt Nice Well-Known Member

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    Even a blind dog finds a bone now and then. The trap here for trump is he did absolutely nothing to cause the economy we have today yet he's sure to take credit for it. When it crashes it's going to be fun watching him try to blame Obama for it.
     
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  23. cupAsoup

    cupAsoup Well-Known Member

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    I guess that's as easy as saying fake news. Keep the words simple, keep the concept even simpler.
     
  24. cupAsoup

    cupAsoup Well-Known Member

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    Amen. The trump apologist fools in here know nothing and have no concept of a long game. They're just desperate to paint their guy as something other than a complete failure.
     
  25. cupAsoup

    cupAsoup Well-Known Member

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    Tell me you believe the lardass in the white house who specializes in bankruptcies and failed businesses has had any appreciable effect on the stock market.
     

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