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Thread: Biden Fixes the DOW

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    Quote Originally Posted by cawacko View Post
    Yep! I'm sure we've all heard the adage the President gets more credit, and blame, than they deserve. But especially with the stock market there really is a disconnect between the regular economy and the performance of the stock market. And the Fed plays such a huge role in that. The reality is many Americans know very little about what the Fed does and the role it plays. So they attribute every thing done to the President instead.
    The past four years have reinforced for me more so than anything that not only are many Americans ignorant, undereducated, and misinformed, but also that they are "American proud" of those things and have no desire to improve upon any of them. To try to explain macroeconomics and federal monetary policy to a Trumpist would be like trying to teach a carp how to fly.

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    Quote Originally Posted by Diesel View Post
    The past four years have reinforced for me more so than anything that not only are many Americans ignorant, undereducated, and misinformed, but also that they are "American proud" of those things and have no desire to improve upon any of them. To try to explain macroeconomics and federal monetary policy to a Trumpist would be like trying to teach a carp how to fly.
    I don't think ignorance of the Fed, or monetary policy, is a recent phenomenon or a partisan thing. Not to throw her under the bus but my wife has a Master's degree, didn't vote for Trump and couldn't tell you the first thing about the Fed or what it does. And I think there are a lot of others like her.

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    Quote Originally Posted by Micawber View Post
    Says the guy who never initiates anything.
    interesting comment......I checked.......I started four pages worth of listing under latest threads started since January, 2020........you've started five pages worth since January, 2021.....yet I've presented more of value than you have.........go figure......
    Isaiah 6:5
    “Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the Lord Almighty.”

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    Quote Originally Posted by Diesel View Post
    Why don't you actually try to make a point then?
    your need to be a moron is your problem not mine

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    Quote Originally Posted by Diesel View Post
    His entire OP was, "Biden Fixes the DOW
    up over 400"

    And he thinks he made a point that I somehow missed. Par for his posting behavior. It's usually pretty worthless.
    you missing the point is expected

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    Trump March 2020 19,000
    Biden March 2021 31,000

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    Quote Originally Posted by cawacko View Post
    I don't think ignorance of the Fed, or monetary policy, is a recent phenomenon or a partisan thing. Not to throw her under the bus but my wife has a Master's degree, didn't vote for Trump and couldn't tell you the first thing about the Fed or what it does. And I think there are a lot of others like her.
    My comment was not at all limited to monetary policy, but you're not wrong.

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    Quote Originally Posted by katzgar View Post
    your need to be a moron is your problem not mine
    So you can't make a point? In a thread that you started? Lord, you are a worthless pussy.

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    Quote Originally Posted by katzgar View Post
    you missing the point is expected
    You not having a point and then repeatedly showing yourself to be incapable of making a point is apparently expected by most posters in this forum.

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