You fucking idiot; the DOW closed 200.64 points higher.
trump Crashes the DOW some more
- Thread starter katzgar
- Start date
You fucking idiot; the DOW closed 200.64 points higher.
Employed Civilian labor force when Obama left office = 151,436,000. Current figure = 155,761,000. Increase equals 4,325,000 or 180,208 a month over two years. That's awesome.
Obama entered office with 145,362,000 and left with 151,436,000 equaling 6,074,000, or 63,271 per month over eight years. Not so great. 63,271 is less than 180,208.
https://www.bls.gov/cps/cpsaat01.pdf
floridafan
Verified User
Moron thinks Obama did it.
Absolutely, much of trump early market gains were directly related to the Obama administration. Do you think the stock market began the day Trump was elected?
floridafan
Verified User
The Obama market grew by over 12,000 points!!!
What particular policy did Obama implement that caused this massive increase in the stock market snowflake?
Do you ever think?
No he didn't you ignorant dumb fuck. But you believe that stupidity because you are economically, mathematically and IQ challenged.
Before Obamunism the market had hit 14,093.48. That was October 12, 2007. When Obama left office the market closed at 19,827.25. That is a gain of 5,733.77 points in eight years or an average of 716.72 points a year.
Trumps inauguration the market closed at 19,827.25. It is currently at 25,650.88. That is a gain of 5,823.63. 5,823.63 is greater than 5,733.77. That is in a span of two years which equals about 2,900 points per year. 2,900 is greater than 716.72.
Yes, Obamunism sucked.
floridafan
Verified User
When trump took office he inherited a very strong stock market and economy, do you really think that for the next 6 months or so, trump accomplished anything, or did he just ride the Obama economy coat tails.
I asked you a fucking question you dishonest ass hat. What specific policy did Obama implement that caused this massive increase in the stock market?
Wait a minute; your lying, equally stupid liberal buddy is claiming that the market is crashing. Is that Obama's fault then? Morons.
floridafan
Verified User
Lets pick a date, say jan 1 2017. Noe considering the economic boost we supposedly got from the tax cut, what has the stock market done in those past 15 months?
floridafan
Verified User
I wouldn't say the market is crashing, but I would say its going nowhere, and that is despite the great tax cut.
cancel2 2022
Canceled
Well you would say that wouldn't you, to quote Mandy Rice Davies!
https://www.bbc.co.uk/news/av/uk-30548324/mandy-rice-davies-on-her-famous-line-in-court
lisasanders1964
Banned
Dow Jones on January 20 2009 was 7550.29. When President Obama left office on January 20 2017 it was 19827.25. That is almost TRIPLE what it was when he was sworn in. A 162% increase! And the republicunts are swooning over a 26% increase since trump was sworn in. Just a few months ago trump was boasting about the DOW at record levels and now he is very very quiet. Can't wait for him to start blaming the democrats for the DOW crashing.
floridafan
Verified User
Lets continue the conversation with trump failures, there are just so many of them
cancel2 2022
Canceled
Of course the trillions spent on QE by the Fed and the huge amount of deficit spending had nothing to do with it!! Come back when you've learnt some basic economics, Leisure Cunt!!