Anyone with internet access can confirm in a minute or two that Trump did not "inherit a booming stock market"--rather, the stock market took off just days after Trump was elected, and that before then it was rising at a much slower rate under Obama. Starting just days after election day in 2016, the stock market has risen by a whopping 7,385 points, from 18,332 on election day to 25,717 today--in just 2 years and 9 months. In contrast, from December 2013 until election day 2016 under Obama, the stock market rose from 16,576 to 18,332, an increase of only 1,756 points--in 2 years and 11 months. 7,385 in 33 months under Trump vs. 1,756 points in 35 months under Obama. So the stock market's rise under Trump has been more than triple what it was in Obama's last 3 years. Here are the yearly numbers:
Today (8/5/19) -- 25,717
December 2018 -- 23,327
December 2017 -- 24,719
January 2017 -- 19,827
November 9, 2016 -- 18,589
November 2, 2016 -- 18,332
December 2015 -- 17,425
December 2014 -- 17,823
December 2013 -- 16,576
Yet, every time there has been a dip in the stock market under Trump, liberals have run to post threads citing the dip as "proof" that Trump's economic policies are not working! But, of course, when the stock market has quickly recovered after these dips and has continued to rise, the liberals fall silent.
Today (8/5/19) -- 25,717
December 2018 -- 23,327
December 2017 -- 24,719
January 2017 -- 19,827
November 9, 2016 -- 18,589
November 2, 2016 -- 18,332
December 2015 -- 17,425
December 2014 -- 17,823
December 2013 -- 16,576
Yet, every time there has been a dip in the stock market under Trump, liberals have run to post threads citing the dip as "proof" that Trump's economic policies are not working! But, of course, when the stock market has quickly recovered after these dips and has continued to rise, the liberals fall silent.
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