Dow Plunges 650 Points

cawacko said:
Don't call others low information when you make comments like this:

""Obama left trump a vibrant and growing economy which was reflected in the Dow""


The Dow is not the economy. We've had a prolonged expansion but nonetheless it's been the weakest recovery in the Post WWII era. The Dow soared because of the Fed; low interest rates and three rounds of QE. As far as the economy we had 2.9% GDP growth in 2015 and 1.6% growth in 2016. 1.6% growth is still technically growth but year over year it certainly isn't.

Those are "truths and facts" for you Nordberg.
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That is an absolute fact. Your lack of knowledge is not my problem. The economic trajectory that Obama left is the same one Trump lived off of. Trump sold low info rightys that he actually accomplished something. He did not. https://www.investopedia.com/news/obamas-economic-legacy-8-charts/ Trump did not even get a tax program for a year and a half. before that it was all talk. Then the cut went to the top 1 percent.
 
Nordberg said:
That is an absolute fact. Your lack of knowledge is not my problem. The economic trajectory that Obama left is the same one Trump lived off of. Trump sold low info rightys that he actually accomplished something. He did not. https://www.investopedia.com/news/obamas-economic-legacy-8-charts/ Trump did not even get a tax program for a year and a half. before that it was all talk. Then the cut went to the top 1 percent.
Click to expand...

Yes, it is an absolute fact that this was the weakest economic recovery post WWII. Yes, it is a fact that the driver of the Dow boom was the Fed. And it is an fact that going from 2.9% GDP to 1.6% is generally not referred to as a growing economy.
 
Nordberg said:
Oh well the facts just drowned in the right-wing cesspool. just deny, it works on low information rightys. Forget the truth and facts. Just lie and swear to it.
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cawacko said:
Don't call others low information when you make comments like this:

""Obama left trump a vibrant and growing economy which was reflected in the Dow""


The Dow is not the economy. We've had a prolonged expansion but nonetheless it's been the weakest recovery in the Post WWII era. The Dow soared because of the Fed; low interest rates and three rounds of QE. As far as the economy we had 2.9% GDP growth in 2015 and 1.6% growth in 2016. 1.6% growth is still technically growth but year over year it certainly isn't.

Those are "truths and facts" for you Nordberg.
Click to expand...

Nordberg said:
That is an absolute fact. Your lack of knowledge is not my problem. The economic trajectory that Obama left is the same one Trump lived off of. Trump sold low info rightys that he actually accomplished something. He did not. https://www.investopedia.com/news/obamas-economic-legacy-8-charts/ Trump did not even get a tax program for a year and a half. before that it was all talk. Then the cut went to the top 1 percent.
Click to expand...

^This is why you cannot argue with dishonest leftist morons. ;)
 
Since the start of the Russia Tax Cut on 1/2/18, the DJIA has grown at its slowest pace since the Great Bush Recession.

DJIA 1/2/18: 24,824
DJIA Today: 23,851
-973
-4%

So the Russia Tax Cut, that was supposed to lead to at least 3% GDP growth, failed to deliver on any of its promises and since the Russia Tax Cut started, the market is down 4%.

Betcha revenue for 2020 is going to be below 2019 now too.
 
cawacko said:
Don't call others low information when you make comments like this:

""Obama left trump a vibrant and growing economy which was reflected in the Dow""


The Dow is not the economy. We've had a prolonged expansion but nonetheless it's been the weakest recovery in the Post WWII era. The Dow soared because of the Fed; low interest rates and three rounds of QE. As far as the economy we had 2.9% GDP growth in 2015 and 1.6% growth in 2016. 1.6% growth is still technically growth but year over year it certainly isn't.

Those are "truths and facts" for you Nordberg.
Click to expand...

That is a fact. Obama pulled us out of the Repub Bush near depression. The trajectory of all indicators were on the same ones that Obama left Daffy. Until now.
 
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