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

In actuality the Obama increase was from ~ $16K to ~ $18K. You can't attribute the recovery of the stock market to any Obama policy. In fact the Obama recovery was the worst since the GD.

 

uh, math

 

Companies and people getting to keep more of their own money is 'damaging'. Go figure.

 

Taking credit for the recovery from the pre financial level and claiming to have doubled the Dow is how to lie with statistics. The same intellectually dishonest claim is made for jobs created.

 

I know that it is intellectually dishonest to take credit for the Dow and job recovery and claim those as wealth or jobs created. Those existed before the financial crisis and are recovered, not created.

 

Economists Credit Trump as Tailwind for U.S. Growth, Hiring and Stocks
https://www.wsj.com/articles/econom...d-for-u-s-growth-hiring-and-stocks-1515682893

 

Two-Thirds of Americans Aren’t Putting Money in Their 401(k)
https://www.bloomberg.com/news/arti...americans-aren-t-putting-money-in-their-401-k

 

Economists Credit Trump as Tailwind for U.S. Growth, Hiring and Stocks
https://www.wsj.com/articles/econom...d-for-u-s-growth-hiring-and-stocks-1515682893​

 

If you believe that "signed plans" and "economic programs" are required to move the economy, you're obviously not from around these parts. "Confidence" plays a bigger part than any of that, on Wall Street. Hell, I've seen the DOW dip 100 points or more on a fake news report.

 

So you don't know what it means. ok.

 

Hotdogr <<<

 

Lol, https://www.nytimes.com/interactive...conomy/the-economy-under-president-trump.html

 

because we are intelligent enough to know wealth is created there isn't a finite amount of wealth that one having more wealth doesn't cause another to have less
only the ignorant believe the wealthy having more caused others to have less

 

Economists Credit Trump as Tailwind for U.S. Growth, Hiring and Stocks
https://www.wsj.com/articles/econom...d-for-u-s-growth-hiring-and-stocks-1515682893​

 

We are a consumer economy.

If the businesses paid higher wages, the workers would have more, yes, and the TRFJr's would have to look elsewhere.

 

Doesn't take a rocket surgeon to figure the results of handing corporate america a huge windfall during a five or six year run of record profits.

A strong stock market does help the average stock owner,but the big bucks are pouring in to the big institutional investors. OH and all those earned interest loopholes are still in place.

Yep, lets give the peons a few bucks to make em feel like they are getting a good deal. I mean the worst that could happen is that they'll just be a couple trillion more in debt. Wait till the glow of those one time bonuses has faded and the execs get big fat increases in their obscene bonuses every year.

As for trillions pouring back in, the jury is still out until the end of the year when an accurate assessment of that objective can be made.

the best thing in the plan was the move to territorial taxation like the rest of the western world. THAT was a smart move and eliminates the entire problem of profit parking.

 

I think I will believe the Wall Street Journal the premier publication pertaining to the stock market and economy over a bias Trump hating liberal rag not worthy of wrapping fish in

 

Obama did a lot to save the banking system and the economy. The Dow was dropping like a rock until after he took office. Only then did it start to recover.

Obama saved us from the disaster the Republicans produced. And now they are setting us up for another disaster. Do you think all of those regulations trump trashed were there for no reason?

Trump would have us looking like China, where even the air is toxic.

Trump supporter logic - I feel better when I get drunk. So I'll stay drunk. Damn the consequences!

 

And the cost of products would increase
If you gave every one a 10 % increase in pay then all products produced also increased by 10% to offset that pay raise did you really get a raise?
I find it very tiresome day after day I've got to explain simple free market principles to the ignorant

 

I love how only now are Obama haters starting to realize what an incredible job he did. Yes, compared to Obama, trump sucks big time!

Trump 31%
Obama ~ 60%

 

Nonsense. This assumes 100% of production cost is labor. Often labor is a very small percentage of the cost.

It is tiresome explaining the most elementary concepts to republicans.

 

Sorry, wrong Democrat lol. While I don't think Trump will quite pull off Reagan-Mondale specifically, I think he'd win reelection with a rate that's similar to Bush's win over Kerry.

 

I don't disagree. I'm trying to show that just based on timelines, Obama's overall performance looks weak compared to Trump.

Just about everything with the markets under Obama was Fed induced. How a Community Organizer know enough about markets to provide any positive influence is perplexing....

 

And who controls the Fed?

Obama did a fantastic job. The economy was in near free fall when he took office. And it was a mess created by not only republican policies, but republican principles. Market discipline doesn't work.

While the market will eventually correct itself, we cannot survive the corrections! We can't allow the global economy to collapse for 15 years. And that is what we were facing. This is the Achilles Heal of free market principles.

 

Because if it wasn't for Obama, the economy wouldn't be booming under the president that reversed all of Obama's regulations. You know how it goes in Liberaland.