Ben Thomson
Diamond Member
- Aug 13, 2020
- 4,758
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Probably because there is a little truth to it...From Reagan to Trump: Here's how stocks performed under each presidentRule of thumb: When the economy's good, the last Democrat President gets credit. When the economy's bad, the last Republican President gets the blame.That's ok. We're poised to throw all that away when Biden gets elected. Even as we speak, I'm looking up the prices of corrugated tin and tar paper so I can change my house to a tar paper shack with a tin roof. Might even do away with the two bathrooms and put an outhouse out back.
If' we're gonna be under Democrat rule, I might as well live like a Democrat.
My IRA company knows what they're doing. They did pretty good with this and the Obama recession. But if Biden does look like he has a chance at winning, I'm thinking of puling some money out. I see the market really taking a hit that may last a long time.
If Biden wins the economy and the country will be rolling down the drain. Man has some seriously stupid ideas. A financier he ain't.
The real question is how many months or years during our downfall will they still be blaming Trump? It happened with Obama the first three years. Every bad thing that happened was because of Bush.
Democrats are morons.