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Thread: Dow wipes out gains under Trumpís presidency

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    Re: Dow wipes out gains under Trumpís presidency

    Quote Originally Posted by EMNofSeattle View Post
    Or alternately, Donald Trump loves America and the American people and when they’re suffering he wants to end it.
    Hence, the reason he's pushing for Americans to get back to work by Easter despite his own medical experts and Governors telling him "No way!". But you keep telling yourself he's all about the American people and not his own ego or legacy or changes at getting re-elected. You keep telling yourself that.
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    Re: Dow wipes out gains under Trumpís presidency

    Quote Originally Posted by Objective Voice View Post
    I ignored your question because it has absolutely nothing to do with the thread topic. Rather, it's just your attempt to divert (deflect) the topic onto something you wish to control. Not falling for it.

    The issue is will this sudden, deep drop in the stock market have a negative impact on Pres. Trump's chances at re-election? (You can't take the ball to another court if it's not your ball.)
    The thread topic is about the Dow dropping and attempts to point out the gains during the Obama term, the response is towards both those issues. The deep drop in the DOW has absolutely nothing to do with the Trump economic policies but as usual you continue to tout the Obama successes without recognizing where the growth came from, the public sector through gov't spending. that would work in Europe but not in a private sector economy

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    Re: Dow wipes out gains under Trumpís presidency

    Quote Originally Posted by Conservative View Post
    The thread topic is about the Dow dropping and attempts to point out the gains during the Obama term, the response is towards both those issues. The deep drop in the DOW has absolutely nothing to do with the Trump economic policies but as usual you continue to tout the Obama successes without recognizing where the growth came from, the public sector through gov't spending. that would work in Europe but not in a private sector economy
    The first part of your opening statement is correct. The second part...not so much.

    I didn't bring up Obama in the OP nor economic policies - liberal or conservative. Someone else might have (including yourself as you tend to do whenever you're discussing the economy with someone you believe is a Liberal), but I did not. In any case, you're once again attempting to divert the subject matter into a discussion you can control. Again...not falling for it. So, perhaps you should take that discussion, and thus your question, to someone else.
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    Re: Dow wipes out gains under Trumpís presidency

    Quote Originally Posted by Objective Voice View Post
    The first part of your opening statement is correct. The second part...not so much.

    I didn't bring up Obama in the OP nor economic policies - liberal or conservative. Someone else might have (including yourself as you tend to do whenever you're discussing the economy with someone you believe is a Liberal), but I did not. In any case, you're once again attempting to divert the subject matter into a discussion you can control. Again...not falling for it. So, perhaps you should take that discussion, and thus your question, to someone else.
    What I am doing is countering the 24/7 negative Trump bashing with facts, logic, and common sense. The DOW drop has absolutely nothing to do with Trump or his economic policies and the country gets it. You are just too full of hatred to grasp reality. Why such hatred for a President simply because of his personality and certainly not because of the results generated? So sad that you seem to believe the President impacts you or your family

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    Re: Dow wipes out gains under Trumpís presidency

    Quote Originally Posted by Conservative View Post
    What I am doing is countering the 24/7 negative Trump bashing with facts, logic, and common sense. The DOW drop has absolutely nothing to do with Trump or his economic policies and the country gets it. You are just too full of hatred to grasp reality. Why such hatred for a President simply because of his personality and certainly not because of the results generated? So sad that you seem to believe the President impacts you or your family
    30% unemployment because of trump. What is about failed trump policies that create this kind of loyalty from you? You were also a huge fan of bush. Do you just like bad presidents?
    bears, bulls, white sox fan 4 life!!!

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    Re: Dow wipes out gains under Trumpís presidency

    Quote Originally Posted by EMNofSeattle View Post
    Or alternately, Donald Trump loves America and the American people and when they’re suffering he wants to end it.
    Quite right.

    In fact it is almost exactly as true as "The sky appears blue, or alternately, the sky appears pink with green stripes and purple polka-dots.".

    Jonathan Freedland's article "Trump's narcissism has taken a new twist." most definitely goes overboard, but stripped of the adjectives and adverbs makes for "interesting" reading.
    Summary of 20/05/29 COVID-19 (Deaths/Cases) Mortality Statistics
    World (362,850/5,941,606) 6.11% / USA (130,379/1,770,330) 5.84% / Canada (6,877/88,512) 7.77%
    Running update of the COVID-19 data at Daily Statistical Summary of COVID-19

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    Re: Dow wipes out gains under Trumpís presidency

    Quote Originally Posted by 99percenter View Post
    30% unemployment because of trump.
    Totally false!!!

    Why Mr. Trump, himself, has said "I take no responsibility.".

    [QUOTE=99percenter;1071577553]What is about failed trump policies that create this kind of loyalty from you?[/quote

    Mr. Trump's policies HAVE NOT FAILED. **T*H*E** **T*R*U*T*H** as any patriotic, right-thinking, patriotic, hard working, patriotic, honest, patriotic, real, patriotic, true, patriotic, conservative, patriotic, Christian, patriotic, White, patriotic, *AMERICAN, PATRIOTIC, PATRIOT* knows is that the Clinton/Obama Deep State has been sabotaging those policies because it is full of wacko, loony, crazy, left-wing, liberal, socialist, pinko, commies who are a part of the huge, vast, enormous, secret, hidden, covert, conspiratorial plot to force a coup against the person whom God guided Americans into choosing as THE PRESIDENT OF THE UNITED STATES OF AMERICA so that THE UNITED! STATES OF AMERICA! could fulfill its God Mandated role as the Saviour of Mankind and who want to impose Sherry Law (with its mandatory same-sex, inter-racial, marriages and forced abortions and compulsory vaccinations) on America so that all the Cheerleaders will wear Burke Hats and football will be banned because it uses pig skin.

    Quote Originally Posted by 99percenter View Post
    You were also a huge fan of bush. Do you just like bad presidents?
    The usual wacko, loony, crazy, left-wing, liberal, socialist, pinko, commie attempt to divert from reality by introducing things that have nothing whatsoever to do with anything.

    [The above form of "Internet Rebuttal" has been specifically and officially approved and endorsed by "Devoted Online Lovers of Trump" Inc. (a non-partisan, independent, research and analysis organization exempt from federal taxation that is dedicated to bringing you the true truth and not the false truth that anyone who doesn't believe 100% of what Donald Trump says tries to tell you the so-called "facts" are), "Pro-Life United Gun Enthusiasts and Manufacturers for Jesus", and ď"The ĎFirst Amendment Rights Trustí FoundationĒ.]
    Summary of 20/05/29 COVID-19 (Deaths/Cases) Mortality Statistics
    World (362,850/5,941,606) 6.11% / USA (130,379/1,770,330) 5.84% / Canada (6,877/88,512) 7.77%
    Running update of the COVID-19 data at Daily Statistical Summary of COVID-19

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    Re: Dow wipes out gains under Trumpís presidency

    Quote Originally Posted by Conservative View Post
    What I am doing is countering the 24/7 negative Trump bashing with facts, logic, and common sense.
    If you wish to have a general discussion about "Trump bashing," might I suggest you start another thread and take up the matter there? This thread isn't about that. (Sorry mods...not trying to dive into your wheelhouse...just trying to keep things on the straight and narrow.)

    The DOW drop has absolutely nothing to do with Trump or his economic policies and the country gets it.
    And nowhere in any of my posts in this thread have I suggested that. However, leading hedge fund managers and economists have argued that the Trump tax cuts were a one trick "stock buy-back" pony and as a result, as I've pointed out in several linked articles, they've been pointing to a recession in 2020 due in part to his tax (economic) policy, as well as, tariff threats against China and Europe primarily. But economic policy aside (since this threat isn't about that), the economy has plummeted over the last 3 weeks. And so we get back to my OP:

    Quote Originally Posted by Objective Voice View Post
    From the linked CNBC.com article:

    *The Dow’s drop pushed the 30-stock index below the level where it closed on Jan. 19, 2017, the day before Trump took office.

    *The sell-off may prove a tough blow to Trump, who has used the Dow as a proxy for the success of his economic agenda.

    *Trump tweeted on Dec. 23 that the Dow was up 55% since his election and promised — less than three months before the market entered a bear market — that “the best is yet to come.”

    I've been following the DOW in earnest since last week and saw this coming. We haven't hit bottom yet, however. The shorts are reaching down to the 18000 range. If this COVID-19 scare gets any worse, you can bet they'll hit the benchmark before too long.

    Pres. Trump has to be going ballistic over this especially with the Fed rate being near zero (EQ) and nothing seems to be changing investor's minds.
    You are just too full of hatred to grasp reality. Why such hatred for a President simply because of his personality and certainly not because of the results generated? So sad that you seem to believe the President impacts you or your family
    Once again, I haven't berated Pres. Trump throughout this thread. I haven't blamed the current economic downturn on his economic policies. In fact, I think I made it clear that short-selling due to COVID-19 reaction against sovereign debt economies is what's causing the economic downturn. So, again given how Pres. Trump's "Make America Great Again" mantra is fixed to his championing a strong economy, what do you make of his re-election chances should things continue as they are or get worse (at a minimum through April)? It's really a simple question.
    Last edited by Objective Voice; 04-01-20 at 04:00 PM.
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    Re: Dow wipes out gains under Trumpís presidency

    Quote Originally Posted by Objective Voice View Post
    If you wish to have a general discussion about "Trump bashing," might I suggest you start another thread and take up the matter there? This thread isn't about that. (Sorry mods...not trying to dive into your wheelhouse...just trying to keep things on the straight and narrow.)



    And nowhere in any of my posts in this thread have I suggested that. However, leading hedge fund managers and economists have argued that the Trump tax cuts were a one trick "stock buy-back" pony and as a result, as I've pointed out in several linked articles, they've been pointing to a recession in 2020 due in part to his tax (economic) policy, as well as, tariff threats against China and Europe primarily. But economic policy aside (since this threat isn't about that), the economy has plummeted over the last 3 weeks. And so we get back to my OP:





    Once again, I haven't berated Pres. Trump throughout this thread. I haven't blamed the current economic downturn on his economic policies. In fact, I think I made it clear that short-selling due to COVID-19 reaction against sovereign debt economies is what's causing the economic downturn. So, again given how Pres. Trump's "Make America Great Again" mantra is fixed to his championing a strong economy, what do you make of his re-election chances should things continue as they are or get worse (at a minimum through April)?
    Trump economic results through February should be celebrated and his reaction to the crisis and results afterwards judged as well. His personality is what you want to judge and that is wrong. The results generated will determine his re-election possibilities, how would Biden do better?

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    Re: Dow wipes out gains under Trumpís presidency

    Quote Originally Posted by Conservative View Post
    Trump economic results through February should be celebrated...


    ... and his reaction to the crisis and results afterwards judged as well.
    TERRIBLE given what we now of just how ill-prepared his Administration was concerning this crisis, but I'll let history (and a grieving public) be the judge of that long- and short-term.

    His personality is what you want to judge and that is wrong.
    Once again, I HAVE NOT judged the man one way or another herein. YOU would rather continue beating on that refrain because you think it will get you somewhere...a little conservative sympathy perhaps. Just saying...

    The results generated will determine his re-election possibilities
    That's the second honest thing you've said the entire thread.

    How would Biden do better?
    Don't know...haven't heard or read much on his economic plan.
    "A fair exchange ain't no robbery." Tupac Shakur w/Digital Underground

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