What recovery? I thought Trump's economy was all puppies, kittens, fireworks, unicorn farts, and rainbows?
trump Crashes the DOW
- Thread starter katzgar
- Start date
What recovery? I thought Trump's economy was all puppies, kittens, fireworks, unicorn farts, and rainbows?
Yeah, he's been President for 5. And the last quarter he was President saw economic growth slow down to 2.2%, which is the same growth rate Obama had over his second term. And it's falling; GDP growth is down 0.7%, thanks to the Russia Tax Cut.
Sure it was. Trump is owned by Russia; the GOP is owned by Russia, therefore the tax cut is Russian.
I know the difference between deficits and debt. You don't. You said Obama had a $9T deficit. You didn't say Obama had $9T in deficits, plural.
You got too excited too fast and couldn't control yourself.
I understand. It happens sometimes when you think you're right, only to find out you're not.
Yeah, $7T to the debt paying for your shitty tax cut, your shitty War on Terror, your shitty Medicare Part-D, and recovering the economy from the collapse caused by your shitty deregulation of mortgages and Wall Street.
You're welcome for someone else picking up your tab, freeloader.
Yes it is.
Trump is owned by Russia. The GOP is owned by Russia.
Trump and the GOP pushed this tax cut.
Therefore the Tax Cut is Russian.
It is that simple, because it'll show that less than 5% of workers saw any benefit from the Russia Tax Cut despite Conservatives and Trump promising the moon and the stars.
Cancel 2018.2
Oh, hi
Liar
Bolded and put it in all caps.
Ha ha, Derp runs away from his lie
No, the market had dropped as much as 600 points this year so far. So apologies for not being clear about that. Currently, the market is down about 350 points. But this wasn't supposed to happen; according to Conservatives and Trump, the economy should be growing at 4-5% and the DOW should be at record highs. It isn't. It's off.
And no, even before the Italy stuff, the market was down. Down by as much as 600 points at one point.
One thing is for sure; the Russia Tax Cut isn't delivering on its promises. Which was my point.
Fine.
The Russia Tax Cut took effect January 1st, 2018.
Is the DJIA higher or lower today than it was on 1/1/18?
So because I didn't distinguish that it lost as much as 600 points this year, the rest of my point is invalid? How so?
Whatever you want to call it, black unemployment is at it's lowest point on record and was done during the administration of a white man that you lefties call a racist.
Last time I looked, the DJIA was approximately 5000 points higher than when Obama left office.
No I didn't.
My bad for not distinguishing that the market lost as much as 600 points since the Trump Russia Tax Cut took effect.
The market is down 350 points year-to-date.
It's not up, like we were promised it would be after the Russia Tax Cut.
So you're celebrating me not distinguishing something clearly before.
Get over yourself.
You all? Who's that, exactly?
As I pointed out to Yurt, the DOW is one index, not an exclusive measure of the market as a whole. Your faux pas in claiming the market and the DOW are synonymous seems to corroborate my suspicion that you are spouting random nonsense that you don't understand.
Thanks, Obama.
Since the Russia Tax Cut, the market is down 350 points.
Trump grew the market only 23% over the same period where Obama grew it 28%.
And if you start from when the market bottomed out on 3/9/09, Obama grew the DJIA by 3500 points and 53%.
Also, Q1 2018 economic growth slowed to 2.2%, which is what it was during Obama's second term.
#winning?
canceled.2021.1
#AMERICAISDEAD
Nothing like taking an illogical premise and following it to a logical conclusion is there?
We can look at the S&P and NASDAQ and they'll both show the same thing;
Obama grew those markets faster and by a larger % than Trump has done over the same period of time, starting from each inauguration.
There's no way to make Trump look good here. There's certainly no way to make the Russia Tax Cut look good either.
I suspect you know next to nothing about investing, and hoped no one else would point out the discrepancy.
Kudos to Yurt for catching you.