DOW Closing In On 25,000.Who Will Dems/Liberals/Liberal Hosts Give All Credit To?

[Meathead]

They're close enough for idiots to fight over. The rest of us, not so much.

No, they're not. You all made wild claims about the market gains under Trump. Claims that are completely false and wrong. And even when you try to redefine the parameters and move the goalposts, you still end up being wrong.

At this point, it's time to pack it in and give up.

Clearly, the only way to make Obama look sucessful is to compare him to the most abysmal.

 

[The Derp]

You picked a time frame that did include a recession that did skew the numbers

How? The market was dropping when Obama took office. So even with the market dropping, in the middle of the recession that wouldn't end until AUGUST OF 2009, Obama still had better market growth than Trump through JULY OF 2009.

So Obama had grown the market by more than Trump did, in the middle of a recession.

because it causes the market to tumble, then recover to a certain extent.

You fucking clueless, lying shitbag. The market was tumbling when Obama entered office. In fact, the market didn't reach bottom until March 2009; TWO MONTHS INTO OBAMA'S TERM. And even with that, he still had better market growth than Trump.

You then proceeded to rub paint on your face and dance around the campfire, certain that you had managed to rehabilitate the abysmal Obama economic record from certain oblivion.

Obama's record doesn't need rehabilitation. He grew the economy more than Bush the Dumber did. He created 11.7M jobs, Bush the Dumber lost 400,000. He grew the market by 31% in his first year; Trump grew it by 25%. He reduced the deficit by 2/3 from where you assholes left it. He got the uninsured rate down to an historic low. And he did all that with no help from Conservatives. Now you're trying to take credit for the strong economy and tightened job market Trump inherited all to make yourself feel better on an internet message board? Fuck you. You don't get that credit. In fact, you get the blame for creating the fewest jobs since 2012, and for weaker market growth than Obama had in his first year.

What you fail to acknowledge, however, is that whatever you think Obama did to cause the market to rebound, Trump has done as well, and Trump didn't have the advantage of an artificially low starting point. One would have expected Obama to have ignited an economic boom, much as Reagan did, that would have put the recession in the nation's collective rear view mirror. Instead, he managed to drag everyone through painful daily reminders of poor economic conditions, IE the slowest economic recovery ever.

Trump has done NOTHING to help grow the economy, which is why job creation reached its lowest rate since 2012, and the market grew by 25% when in Obama's first year, it grew by 31%.

Secondly, Reagan didn't produce any economic boom. In fact, you probably don't remember because you were just a baby, but Reagan's presidency ended with the S&L Scandal which resulted in the largest taxpayer-funded bailout until Bush the Dumber's TARP, a deficit twice as large as the one he inherited, a near-tripling of the national debt (growing it more than any President before him...twice over), and the 1990-91 recession which was only fixed when Bush the Elder and Clinton raised taxes.

Reagan didn't create any conditions for an economic boom. He created conditions for a recession...and that's precisely what happened once he left office.

So dance around your campfire while the rest of the nation enjoys the renewed economic optimism that will benefit Trump quite a lot.

Trump has Obama to thank for this economy and job market.

 

[Papageorgio]

Here we are and we are back at point A.

For eight years the Dems all praised Obama for the stock market, now we have the GOP praising Trump for the stock market.

The economy is doing well, why can't we all sit back and enjoy? I enjoyed it under Obama and enjoy it now. You nuts that are pissed that the economy did well under Obama and those that are pissed now because it is doing well under Trump are pretty bigot and narrow minded.

Goofy how the D and the R mean so much and really have little to with reality.

 

[The Derp]

Clearly, the only way to make Obama look sucessful is to compare him to the most abysmal.

Most abysmal = Bush the Dumber (who you supported) and Trump (who you also supported).

So what the fuck does that say about your judgment?

 

[The Derp]

The economy is doing well, why can't we all sit back and enjoy? I enjoyed it under Obama and enjoy it now. You nuts that are pissed that the economy did well under Obama and those that are pissed now because it is doing well under Trump are pretty bigot and narrow minded.Goofy how the D and the R mean so much and really have little to with reality.

I'm not pissed the economy's doing well. I'm pissed because Conservatives think it had anything to do with them.

 

[Meathead]

Clearly, the only way to make Obama look sucessful is to compare him to the most abysmal.

Most abysmal = Bush the Dumber (who you supported) and Trump (who you also supported).

So what the fuck does that say about your judgment?

If we're assuming thngs here, you supported Pajama Boy and the Beast. What does that say about your judgement?

It's a rhetorical question. We get it.

 

[bendog]

The economy is doing well, why can't we all sit back and enjoy? I enjoyed it under Obama and enjoy it now. You nuts that are pissed that the economy did well under Obama and those that are pissed now because it is doing well under Trump are pretty bigot and narrow minded.Goofy how the D and the R mean so much and really have little to with reality.

I'm not pissed the economy's doing well. I'm pissed because Conservatives think it had anything to do with them.

Oh, I thing the gop tax bill is fueling the stock runup. But that doesn't offer much to workers.

 

[The Derp]

If we're assuming thngs here, you supported Pajama Boy and the Beast. What does that say about your judgement?

Hillary Clinton won the popular vote by 3,000,000 without outsourcing troll work to Russia.

And I don't know who "Pajama Boy" is. I'm not up on unimaginative Conservative nicknames for things.

It's a rhetorical question. We get it.

You just said the POTUSes you supported are "abysmal". You could only be talking about Bush the Dumber and Trump.

 

[The Derp]

Oh, I thing the gop tax bill is fueling the stock runup. But that doesn't offer much to workers.

Yeah, it's creating irrational exuberance which is going to come crashing back down to Earth once Q2's earnings reports come in July of this year.

 

[Admiral Rockwell Tory]

Job Gains In 2017 Lag 2016 Numbers By An Average Of 13,000 Per Month, Agency Says : The Two-Way U.S. jobs growth has averaged 174,000 per month so far in2017, compared to an average monthly gain of 187,000 in 2016, the Bureau of Labor Statistics says.Dec 8, 2017
November Jobs Report: Economy Adds 228,000 Jobs; Unemployment Steady

Study some calculus and learn about limits.

If you are a 99 yards from the end zone, and get 1/2 way there on every succeeding play, will you ever get a touchdown? No. Eventually you'll get to a 4th down and have to punt, kick a field goal, or turn it over on downs.

The jobs numbers have to go down the closer we get to 0% unemployment. You can't hire people who are not looking for work.

Unemployment is so low in my area that wages are starting to creep up. Manufacturing jobs that once started at about $9.00 an hour are now paying $11.00 to start and that has happened in just the last few months. Anybody who wants to work can get a job.

 

[Admiral Rockwell Tory]

Obama of course.

Well of course... What has Trump actually done.. Signed one piece of legislation in a year... This is Trump riding the Obama wave...

One piece of legislation?

Please grow up and be honest!

 

[Meathead]

If we're assuming thngs here, you supported Pajama Boy and the Beast. What does that say about your judgement?

Hillary Clinton won the popular vote by 3,000,000 without outsourcing troll work to Russia.

And I don't know who "Pajama Boy" is. I'm not up on unimaginative Conservative nicknames for things.

It's a rhetorical question. We get it.

You just said the POTUSes you supported are "abysmal". You could only be talking about Bush the Dumber and Trump.

That would be Crooked Hillary and that black fellow that no one much remembers now. You know, Obamacare.

 

[Admiral Rockwell Tory]

In your expert opinion, who do you give credit to when the stock market goes up or down?

Confidence and attitude. No "who".

So I guess there was a lot of confidence under Obama, since the stock market gained so much during his 2 terms. Right?

Wrong. Recovery is not gain. Business was so regulated under Obama that actual growth was impossible.

Trump is not responsible for the current rise, but the fact of his election.

we have gone from 8 years of 0.1% growth under Obama to 3.0 under Trump, and yet the left is giving Obama most of the credit? may as well give Nixon the credit as well !!

The job reports are higher under Oblama's last 5 years than Trump's first...But it's still good nudes....Except the energy and ag industries are struggling because of deflation...

You have pictures? Let's see!

 

[bendog]

Oh, I thing the gop tax bill is fueling the stock runup. But that doesn't offer much to workers.

Yeah, it's creating irrational exuberance which is going to come crashing back down to Earth once Q2's earnings reports come in July of this year.

I dunno. I think corporations incomes will be higher. But a rising gnp will not necessarily help workers find better jobs, and if interest rates go up, they'll actually be hurt.

But if anyone really thought Trump was in this for the little guy, they weren't paying attention to his and his father's biz practices.

 

[boilermaker55]

Thank you President Obama and your administration for all the hard work. It is paying off .

This is my prediction. Some point after the DOW surpasses 25,000. We will hear from Joe Biden, and he will speak of the Stimulus, Obama-Care, and a three letter word. J O B S. Yes, thanks to the stimulus, we are having a killer economy producing 500,000 jobs a month!

 

[Moonglow]

Confidence and attitude. No "who".

So I guess there was a lot of confidence under Obama, since the stock market gained so much during his 2 terms. Right?

Wrong. Recovery is not gain. Business was so regulated under Obama that actual growth was impossible.

Trump is not responsible for the current rise, but the fact of his election.

we have gone from 8 years of 0.1% growth under Obama to 3.0 under Trump, and yet the left is giving Obama most of the credit? may as well give Nixon the credit as well !!

The job reports are higher under Oblama's last 5 years than Trump's first...But it's still good nudes....Except the energy and ag industries are struggling because of deflation...

You have pictures? Let's see!

I was wondering when that would snag an eyeball..

 

[The Derp]

That would be Crooked Hillary and that black fellow that no one much remembers now. You know, Obamacare.

I remember Obama. In fact, if he could have ran for a third term, I'd have voted for him again.

I'm not like you, who pretends to never support someone (Bush the Dumber) because the consequences of his policies produced garbage and shit.

 

[The Derp]

I dunno. I think corporations incomes will be higher. But a rising gnp will not necessarily help workers find better jobs, and if interest rates go up, they'll actually be hurt.

Well, corporate profits will definitely be higher simply because they're subject to a lower rate. But the rate of growth in profits from Q4 2017 to Q1 2018 won't be met from Q1 to Q2 or Q2 to Q3. So the stock market is inflating itself based on the huge growth in profits this quarter. But that's not sustainable, and the stock value will plummet as soon as Q2's earnings show profit growth coming back down to earth. Which means the share price will also come back down to earth. Which means hide your picnic baskets because it's a bear market!

 

[The Derp]

Thank you President Obama and your administration for all the hard work. It is paying off .

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This is my prediction. Some point after the DOW surpasses 25,000. We will hear from Joe Biden, and he will speak of the Stimulus, Obama-Care, and a three letter word. J O B S. Yes, thanks to the stimulus, we are having a killer economy producing 500,000 jobs a month!

Obama was a most eloquent President in a most in-eloquent time. Even with the obstacles, his Presidency was certainly a success. He would have won a third term too if he could have run.

 

[The Derp]

Job Gains In 2017 Lag 2016 Numbers By An Average Of 13,000 Per Month, Agency Says : The Two-Way U.S. jobs growth has averaged 174,000 per month so far in2017, compared to an average monthly gain of 187,000 in 2016, the Bureau of Labor Statistics says.Dec 8, 2017
November Jobs Report: Economy Adds 228,000 Jobs; Unemployment Steady

Study some calculus and learn about limits.

If you are a 99 yards from the end zone, and get 1/2 way there on every succeeding play, will you ever get a touchdown? No. Eventually you'll get to a 4th down and have to punt, kick a field goal, or turn it over on downs.

The jobs numbers have to go down the closer we get to 0% unemployment. You can't hire people who are not looking for work.

Unemployment is so low in my area that wages are starting to creep up. Manufacturing jobs that once started at about $9.00 an hour are now paying $11.00 to start and that has happened in just the last few months. Anybody who wants to work can get a job.

Sooooooooo...then the words you're looking for are "thanks, Obama".