The Reality of the Trump Economy

[The_Waco_Kid]

Originally Posted by adav8s28

The DJIA went from 7,000 points to 19,000 points under Obama, that is a gain of 12,000 points. You don't know your stuff. Obama cleaned up the mess that Bush43 and Dick Cheney left behind.

do you know the market is up overall under Trump by about 5%? even after the so-called "Trump slump" where it dropped about 10%? that was about 30k to me. but i've recouped and am up 5% now.

how are your investments doing?

asking for a friend.


BAHAHAHAAAAAAA

[adav8s28]

[QUOTE=The_Waco_Kid;1061366587]do you know the market is up overall under Trump by about 5%?

/QUOTE]

In post #98 the user said there was very little movement in stocks under Obama. The statement was false, so I fixed it for him. How can a movement of 12,000 points be little? My Roth IRA is doing fine and on target, thanks.

BHAAAAAAAAAAAAAAAAAAAA

[The_Waco_Kid]

[QUOTE=adav8s28;1061366590]

Originally Posted by The_Waco_Kid

do you know the market is up overall under Trump by about 5%?

/QUOTE]

In post #98 the user said there was very little movement in stocks under Obama. The statement was false, so I fixed it for him. How can a movement of 12,000 points be little? My Roth IRA is doing fine and on target, thanks.

BHAAAAAAAAAAAAAAAAAAAA

did i quote post 98? didn't read it. didn't care. show me the market is not up under Trump now by about 5%.

i responded to you. now you should do the same. not deflect.

BAHAHAHASHAAAAA

and Obama was the worst historically of any 2 term prez in the GDP/economic growth ever. stop lying about Bushie. it's a false premise.

[bb1961]

Originally Posted by themystic

“The Reagan-Bush years,have exalted private gain over public obligation, special interests over the common good, wealth and fame over work and family. The 1980s ushered in a Gilded Age of greed and selfishness, of irresponsibility and excess, and of neglect.”

Yeah I remember the glow of Reagan for about 3 years. Then I got to watch the economy tank with the so called "trickle down economics". We all know what's going to happen

Liberal tripe 101...BRAVO
"Private gain" over "public obligation"/"special interests" over "common good" ....capitalism vs. socialism...you're so FUCKING transparent..."spread the wealth" BULLSHIT TM/SC!!
Was President Kennedy full of shit...
https://www.youtube.com/watch?v=bnzmO1nyupU
Trickle down works...have you ever gotten a job from a poor man?
You don't know your stuff!!
You told us your convoluted ideology...socialist/capitalist and a conservative/liberal...what ever the fuck that is!!
P.S. Are you one of Obummer speech writers??

[themystic]

Originally Posted by bb1961

Liberal tripe 101...BRAVO
"Private gain" over "public obligation"/"special interests" over "common good" ....capitalism vs. socialism...you're so FUCKING transparent..."spread the wealth" BULLSHIT TM/SC!!
Was President Kennedy full of shit...
https://www.youtube.com/watch?v=bnzmO1nyupU
Trickle down works...have you ever gotten a job from a poor man?
You don't know your stuff!!
You told us your convoluted ideology...socialist/capitalist and a conservative/liberal...what ever the fuck that is!!
P.S. Are you one of Obummer speech writers??

bb Please use proper sentence structuring in your future posts. While it is a great accomplishment that you learned English you still have a ways to go. Im sorry its to nerve racking to read your cryptic posts. Btw. I love this new breed of Hookers. Trump supporters 18+ daughters. Keep breeding them for us liberals

[eccielover]

Originally Posted by themystic

I love this new breed of Hookers. Trump supporters 18+ daughters. Keep breeding them for us liberals

And keep over feeding your money to them in the new Trump economy. Everyone appears to win.

[Yssup Rider]

Originally Posted by bb1961

Liberal tripe 101...BRAVO
"Private gain" over "public obligation"/"special interests" over "common good" ....capitalism vs. socialism...you're so FUCKING transparent..."spread the wealth" BULLSHIT TM/SC!!
Was President Kennedy full of shit...
https://www.youtube.com/watch?v=bnzmO1nyupU
Trickle down works...have you ever gotten a job from a poor man?
You don't know your stuff!!
You told us your convoluted ideology...socialist/capitalist and a conservative/liberal...what ever the fuck that is!!
P.S. Are you one of Obummer speech writers??

That is crazy talk. The only trickling down is what’s trickling down your pant leg when you realize that your DOTUS doesn’t give a frog’s fat ass about you.

[Yssup Rider]

[QUOTE=The_Waco_Kid;1061366594]

Originally Posted by adav8s28

did i quote post 98? didn't read it. didn't care. show me the market is not up under Trump now by about 5%.

i responded to you. now you should do the same. not deflect.

BAHAHAHASHAAAAA

and Obama was the worst historically of any 2 term prez in the GDP/economic growth ever. stop lying about Bushie. it's a false premise.

You’re deflecting your own deflection. Any more (forbidden topic)?

[LexusLover]

Originally Posted by themystic

bb Please use proper sentence structuring in your future posts. While it is a great accomplishment that you learned English you still have a ways to go. Im sorry its to nerve racking to read your cryptic posts. Btw. I love this new breed of Hookers. Trump supporters 18+ daughters. Keep breeding them for us liberals

^^^^A form response when one doesn't have any substance to post!!!!

[Tiny]

Originally Posted by adav8s28

The DJIA went from 7,000 points to 19,000 points under Obama, that is a gain of 12,000 points. You don't know your stuff. Obama cleaned up the mess that Bush43 and Dick Cheney left behind.

Yes, and the AFC won the Super Bowl so the stock market should go down this year. Because history shows that when the AFC wins, the stock market goes down.

How much difference does the president make to stock market performance? Usually not much. He doesn't have some kind of magic wand he can wave that will boost corporate earnings, decrease interest rates, or increase multiples investors pay for stocks. Trump came the closest to magic wand waving when he lowered the corporate income tax rate, which was long overdo and a move favored by Obama when he was president. That increased after tax corporate earnings, which do have a strong effect on share prices.

As to Obama cleaning up Bush and Cheney's mess, why do you say that? Economic growth under Obama was anemic and the national debt continued to explode. Obama and Geithner didn't handle the recession any differently than Bush and Paulson were previously. If you're referring to the mess in Iraq and Afghanistan created by Bush and Cheney, Obama took his own sweet time in "cleaning" that up and didn't do a very good job.

[themystic]

Originally Posted by Tiny

Yes, and the AFC won the Super Bowl so the stock market should go down this year. Because history shows that when the AFC wins, the stock market goes down.

How much difference does the president make to stock market performance? Usually not much. He doesn't have some kind of magic wand he can wave that will boost corporate earnings, decrease interest rates, or increase multiples investors pay for stocks. Trump came the closest to magic wand waving when he lowered the corporate income tax rate, which was long overdo and a move favored by Obama when he was president. That increased after tax corporate earnings, which do have a strong effect on share prices.

As to Obama cleaning up Bush and Cheney's mess, why do you say that? Economic growth under Obama was anemic and the national debt continued to explode. Obama and Geithner didn't handle the recession any differently than Bush and Paulson were previously. If you're referring to the mess in Iraq and Afghanistan created by Bush and Cheney, Obama took his own sweet time in "cleaning" that up and didn't do a very good job.

Let me ask you this Tiny. Refute whatever is incorrect. Less than 50% of Americans own stock. 90% of the stocks are owned by less than 10% of the people owning stocks. So for the average American how does this help them

[pleasurem]

The next thing O’Dumbass accomplishes will be the first thing... he was in over his head, fools re-elected him... FOOLS!!!

[Tiny]

Originally Posted by The_Waco_Kid

show me the market is not up under Trump now by about 5%.

Waco, Waco, Waco. The Dow Jones Industrial Average on the day Trump took office was 19827. On Friday it closed at 25,502. That's an increase of 28.6%. If it continues to increase at that rate, it would close at around 63,000 when Trump left office after serving two terms.

The DJIA increased from 7949 to 19,827 under Obama. So it would grow more under Trump than Obama if it keeps up its current rate of increase. Is that likely to happen? IMHO, hell no, I don't think it will be anywhere close to 63000. Obama had the "advantage" of taking office when share prices were extremely depressed, while Trump started in more normal times.

Anyway, who won the Super Bowl has a much stronger effect on share prices than who's president.

[themystic]

Originally Posted by LexusLover

^^^^A form response when one doesn't have any substance to post!!!!

I know your past the breeding age. But I would like to personally thank the remaining 18+ age members of your ilk. They are populating the hooker community nicely. I love when I fuck young girls 18+ who hate Trump. Its a bonding moment. I only know one skank that is actually a Trump supporter

[Tiny]

Originally Posted by themystic

Let me ask you this Tiny. Refute whatever is incorrect. Less than 50% of Americans own stock. 90% of the stocks are owned by less than 10% of the people owning stocks. So for the average American how does this help them

Mystic, I didn't say it did. Economic growth, wage growth, and employment growth are more important. However, I suspect that your figures do not include stocks held by pension and other retirement funds. Add that to the "less than 50% of Americans" who own stocks directly (not by virtue of retirement funds) and it's significant.

To the extent that higher share prices reflect higher corporate earnings, which should correlate with a better economy (e.g. higher wages, more jobs, more investment in the private sector), they're good for all.