Then if we're using that standard, Obama grew the DJIA by even more; the DJIA hit the low point of 6,547 on March 9th, 2009. Obama then grew the DJIA by 3,500 points and 55% over the next 14 or so months.
trump Crashes the DOW
- Thread starter katzgar
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Then if we're using that standard, Obama grew the DJIA by even more; the DJIA hit the low point of 6,547 on March 9th, 2009. Obama then grew the DJIA by 3,500 points and 55% over the next 14 or so months.
You are. You're the one who is setting arbitrary standards here.
How so? The Russia Tax Cut took effect January 1st. You're the ones who were making all these promises of 4%-5% growth. Guess what? GDP growth for Q1 2018 was just 2.2%. Which is the same growth rate for Obama's second term.
Which is only 23%.
If you count from the DJIA low of 6,547 from 3/9/09 to 5/29/10, Obama grew the DJIA by 3,500 points and 53%.
So Obama grew the DJIA by 1,000 points less than Trump did in about 2 fewer months' time.
Ah, but we were promised that the Russia Tax Cut would lead to all this stupendous growth and the market would reach new highs.
Both promises turned out to be big lies;
GDP growth dropped by 0.7% for Q1 2018, and the DJIA is down about 350 points on the year.
So because you're so insecure, you literally have to chop off part of what I said in order to make you feel better about yourself.
What a pussy.
I guess we'll wait and see. GDP growth dropping by 0.7% certainly would indicate a recession is on the horizon.
Are they? GDP growth slowed in Q1 2018, and the DJIA is down 350 points.
That doesn't seem to indicate things are booming.
Also, 2017 saw the fewest number of jobs created since 2010.
#losing
No, I'll be leading the charge with the pitchforks and torches as we come for those who caused the crash, and those who supported the policies that caused the crash. Like we should have done in 2008, but decided to be nice and let you rebrand yourselves.
That courtesy won't be there this time. You aren't going to be allowed to staple a couple of teabags to your face and pretend you opposed the Conservative in the White House.
It had dropped by as much as 600 points this year.
It's currently off by 350. #winning?
Cancel 2018.2
Oh, hi
Wrong. You first had it down 600,then changed it to 350.....well guess what dummy, that is less than the market went down yesterday. Ergo, but for Italy stuff, it would have been up.
You really have no idea what you're babbling about.
When it's doing well, you all seem to pretend it is.
Fact is that since the Russia Tax Cut was passed, the market is down, GDP growth slowed, 4 million people lost their health insurance, wages have stagnated, and the deficit is back to $1T.
#winning?
Cancel 2018.2
Oh, hi
Liar, you said year to date 600. Then changed it after you found the truth it was only 359.
So now you're trying to play a game of semantics. A pedestrian game at that. The DJIA is down about 350 points since your Russia Tax Cut was passed.
You all promised all this growth and that the market would reach new highs.
Instead what happened was that growth slowed, and the market fell.
The trickle down didn't happen, and it never will happen because it's a scam. A scam you fell for because you're an easy mark.
It's obvious that by "market", I am referring to the DJIA.
But we can look at the S&P and NASDAQ as well...doing so will also reveal that Obama grew it by more and a higher % over the same period of time that Trump's been in office.
No matter how you look at it, the facts show that Obama was better for market growth than Trump and the Conservatives ever were and ever will be.
Cancel 2018.2
Oh, hi
What was the DJIA when Obama took office?
When did the DJIA bottom out?
Why don't you start counting from the DJIA low point on 3/9/09?
Cancel 2018.2
Oh, hi
The original high before Obama was in office. So you are counting from when Trump was in office as opposed to counting when Obama was in office.
You do that because it's how you feel better about yourself.
What a snowflake.
The DJIA bottomed out on 3/9/09 to 6,547. So start your counting from there.
Which is 23% growth.
DOW when Obama was inaugurated = 7,949. DOW on May 29th, 2010 = 10,136
Which is 28% growth.
So here's a great example of how you lie by omission.
Obama wasn't President when the DJIA reached that 14K peak. Obama was President on 1/20/09, and the DOW was 7,949. The DOW would continue to fall to a bottom of 6,500 by 3/9/09.
So if you want to be accurate, you have to start there.
They refused to hold a vote on the Jobs Bill Obama proposed. McConnell said his main objective was to make Obama a one-term President.
Like most promises from you subhumans, it wasn't fulfilled.