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Trump has DOW up over 24000

In March 2009, the Dow was below 7,000 and our economy was still melting down. Did y'all give any credit to Obama for turning things around to reach 7,000? 8,000?, 9,000? 10,000? 15,000? 20,000? Did y'all give him credit for handing over to Trump an economy in MUCH better shape than was handed to him in 2009?

Of course not, for it is conservative dogma that Thou Shalt NEVER give liberals or Democrats credit for anything at all, but give credit for everything to conservatives and Republicans.
LAFFRIOT!! -you just gave credit to Obama for something that GOP congress should have gotten credit for.

So I think it's actually "for it is liberal dogma that Thou Shalt NEVER give lconservatives or Republicans credit for anything at all, but give credit for everything to liberals and Democrats"
 
You realize this is fueled entirely on the prospect of massive tax reform that will increase revenues of businesses sharply, right?

And that’s a great thing, but it’s being completely financed by adding to the national debt via increased deficit spending.

So what you’re cheering is a massive amount of deficit spending to raise corporate balance sheets.

‘The New Conservatism’, LOL.

Boy are you right about that. The GOP needs to get crackin on cutting spending.
 
LAFFRIOT!! -you just gave credit to Obama for something that GOP congress should have gotten credit for.

So I think it's actually "for it is liberal dogma that Thou Shalt NEVER give lconservatives or Republicans credit for anything at all, but give credit for everything to liberals and Democrats"

Gee, that's strange...because most economists give the credit for our recovery to Obama's stimulus...and that the only real problem with the stimulus was that it wasn't large enough.
 
Boy are you right about that. The GOP needs to get crackin on cutting spending.

Oh, I think you'll see the GOP in about six months being SHOCKED, SHOCKED, I tell you! about the skyrocketing deficit and debt.

How could this happen? We must cut Medicare and Social Security!
 
It's a record!
https://www.usatoday.com/story/mone...rejoice-dow-tops-24-000-first-time/908383001/

he Dow, which has jumped more than 300 points, notched a fresh milestone Thursday, topping 24,000 for the first time, adding to the sizable 2017 gains of 401(k) investors that have exposure to stocks in their retirement accounts.

Right after the start of trading today, the blue chip stock index ticked above the big number. At its high point Thursday, it was up as much as 387 points at a new intraday record of 24,327.82.

The Dow is on track for its best day of the year.


Optimism abounds apparently! Must be because of that anticipated cut in the Corporate tax rate. GOP finally got something right. Well maybe.-see how it plays out but I think that will stick

This is what's on Fox News I take it?
 
It's a record!
https://www.usatoday.com/story/mone...rejoice-dow-tops-24-000-first-time/908383001/

he Dow, which has jumped more than 300 points, notched a fresh milestone Thursday, topping 24,000 for the first time, adding to the sizable 2017 gains of 401(k) investors that have exposure to stocks in their retirement accounts.

Right after the start of trading today, the blue chip stock index ticked above the big number. At its high point Thursday, it was up as much as 387 points at a new intraday record of 24,327.82.

The Dow is on track for its best day of the year.


Optimism abounds apparently! Must be because of that anticipated cut in the Corporate tax rate. GOP finally got something right. Well maybe.-see how it plays out but I think that will stick

The Dow was higher practically each week under Obama, but didn't get credit. It keeps going on the same damn trajectory as under Obama AND Trump doesn't get any legislative programs passed, but he magically gets credit?

Well, I suppose it figures. But still.... for shame!



As for optimism about slashing the corporate tax rate, no ****. Guess who benefits the most (or pretty much exclusively) from the Dow rise? The people getting the tax cut, that's who.

Trouble is, those aren't the people Trump promised to work for.
 
LOL Obama had the largest increase in the stock market ever. When the impact of this terrible bill hits Main Street we will see a huge pullback. Mark my words. Every single new Republican President has a recession in his 1st term and now we see why.

api.asp

When it's a D, the success is "despite" the D.

When it's an R, it's because of the R.



#ModernPolitics
 
LAFFRIOT!! -you just gave credit to Obama for something that GOP congress should have gotten credit for.

So I think it's actually "for it is liberal dogma that Thou Shalt NEVER give lconservatives or Republicans credit for anything at all, but give credit for everything to liberals and Democrats"

If you could give even one thing the GOP Congress did that helped the economy your meme might have some validity. But the truth is that Congress did nothing but try to hurt the economy but Obama outsmarted them.
 
Every bubble sees good earnings and growth of companies. We have done nothing to correct the problems that led to the 2008 'recession.' What makes you think this time is different?

so, are we in for a market crash? Will it be like 2008 or the tech bubble stock in the 90s?
 
Yes Trumps Goldman-Sachs cabinet must be overjoyed. The rest of America not so much. Exploding the deficit because record corporate profits are not enough is going to bite us in the ass.

My 401K grew by 4.5k in the last two days. Mywife's grew by 9k. Not bad for doing nothing. I don't work for Goldman Sachs. She doesn't either. I am retired and she works.
 
The idea is having patience.
It takes time to get things going after a disastrous eight years.
 
The serious part of this is that we just had a major tax cut that is supposed to spur the economy.

In fact, growth in the economy is used as the excuse for reducing the tax on the wealthy by gigantica amounts. (Not that there is ANY logic to that BS.)

BUT, the economy is already going up. And, the Fed's response is that we need to COOL the economy!

Basically, our economy isn't convincing the experts that there is room for the kind of growth that the GOP is DEPENDING on to save us from the trillions in debt their profoundly immoral idea is highly likely to cause.

Let's remember that we're still working off the Obama economy. No significant change has had any time to work through the system. And, the one thing we're seeing today is the creation of a giant windfall for the rich, sneaked through without any professional analysis as to what it's going to actually mean.
 
so, are we in for a market crash? Will it be like 2008 or the tech bubble stock in the 90s?

I believe we will have a mini-recession around 2019ish, but the next big bubble burst will probably be around 2026ish. Our economy generally follows a similar pattern no matter who is president.
 
The serious part of this is that we just had a major tax cut that is supposed to spur the economy.

In fact, growth in the economy is used as the excuse for reducing the tax on the wealthy by gigantica amounts. (Not that there is ANY logic to that BS.)

BUT, the economy is already going up. And, the Fed's response is that we need to COOL the economy!

Basically, our economy isn't convincing the experts that there is room for the kind of growth that the GOP is DEPENDING on to save us from the trillions in debt their profoundly immoral idea is highly likely to cause.

Let's remember that we're still working off the Obama economy. No significant change has had any time to work through the system. And, the one thing we're seeing today is the creation of a giant windfall for the rich, sneaked through without any professional analysis as to what it's going to actually mean.
https://www.facebook.com/TheDeclarationIJR/videos/10156361791932971/

Sent from my SM-G920V using Tapatalk
 
Your link says that "CNN agrees that the economy is booming because of Trump." That assertion was not evident by the video of Trump taking credit.

Once again, there is no Trump economic policy. Moreover, the economy is on the same course it was under Obama.

Your support and loyalty to the Democratic Party and Obama is noted however your lack of understanding of business and the economy is staggering. Businesses are forward thinkers and planners. Not once did Obama ever achieve pre recession levels in most economic indicators and never achieved 3% GDP Growth any fiscal year. The Obama economy was like the Obama resume empty on actual results in context, employment skewed by part time for economic reasons, discouraged workers, Trump's economy is built on strong business morale and understanding that they aren't going to be punished by Congress and Trump for being successful
 
Your support and loyalty to the Democratic Party and Obama is noted however your lack of understanding of business and the economy is staggering. Businesses are forward thinkers and planners. Not once did Obama ever achieve pre recession levels in most economic indicators and never achieved 3% GDP Growth any fiscal year. The Obama economy was like the Obama resume empty on actual results in context, employment skewed by part time for economic reasons, discouraged workers, Trump's economy is built on strong business morale and understanding that they aren't going to be punished by Congress and Trump for being successful

Nicely put, and furthermore I challenge him to name a single Obama policy that had a positive financial effect. Obama was dumb as a brick on economic and foreign policy matters; but a great orator.....I mean bull**** artist.
 
LOL Obama had the largest increase in the stock market ever. When the impact of this terrible bill hits Main Street we will see a huge pullback. Mark my words. Every single new Republican President has a recession in his 1st term and now we see why.

api.asp

You can thank the Federal Reserve for that, NOT Obama.

Dow Jones - 100 Year Historical Chart | MacroTrends

BTW, the slope under Trump the last 11 months is clearly sharper than Obama two terms.
 
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