Trump: "Highest Stock Market In History, By Far!"

[Bruce Daniels]

Surprisingly enough, that was actually TRUE when Trump tweeted it on February 19 of this year. The actual record high of 29,551.42 for the Dow Jones Industrial Average was set on February 12, 2020. But what a difference a month makes! Today, March 18, the Dow Jones Average closed at 19,898.92, down almost 10,000 points! When Trump was inaugurated, on January 19, 2017, the Dow closed at 19,804.72. All the gains made under the Trump administration have been essentially wiped out. Now, I know that Trumpers will complain that it's not fair to blame Trump because the coronavirus is wreaking havoc on the economy. To some extent, that's true. But if Trump doesn't deserve blame for the stock market decline, why did he deserve credit for its rise?

Four Charts Comparing Trump’s Vs. Obama’s Stock Market Returns
The Dow has officially erased all gains minted during the Trump presidency | Markets Insider

You know that you are lying, and everyone else knows that you are lying, so you are sounding like a fool

I'm lying about what? Those are FACTS. And in fact, the stock market is even lower now than it was when I made my original post.

 

[Bruce Daniels]

Surprisingly enough, that was actually TRUE when Trump tweeted it on February 19 of this year. The actual record high of 29,551.42 for the Dow Jones Industrial Average was set on February 12, 2020. But what a difference a month makes! Today, March 18, the Dow Jones Average closed at 19,898.92, down almost 10,000 points! When Trump was inaugurated, on January 19, 2017, the Dow closed at 19,804.72. All the gains made under the Trump administration have been essentially wiped out. Now, I know that Trumpers will complain that it's not fair to blame Trump because the coronavirus is wreaking havoc on the economy. To some extent, that's true. But if Trump doesn't deserve blame for the stock market decline, why did he deserve credit for its rise?

Four Charts Comparing Trump’s Vs. Obama’s Stock Market Returns
The Dow has officially erased all gains minted during the Trump presidency | Markets Insider

Hey, you just might get your wish. The US economy just might collapse. But what will you do when your welfare checks stop?

My wish is that Trump will just go away, forever. I hope that the U.S. economy will recover quickly, but I don't know what's going to happen. But do you imagine that I live on some magical island where none of this affects me or anyone I know? We're all in this mess together, like it or not.

 

[Oldstyle]

Here's the dilemma for you progressives! You want a crisis to upend the economy because you've finally grasped the fact that Trump is really good with that and the people know it...but if Trump responds to the crisis well...and he is despite all of the spin places like MSNBC and CNN are desperately trying to put out there that he isn't...he's going to look even better than Joe Biden than he already does!

First of all Old he'll be called like those he hates,,a socialist, while giving a trillion away.
2nd consumer confidence is way down No confidence no buying And then his beautiful DOW is less than 2000..Perhaps some republicans will realize his s__t does stink

What's amusing is that you think Joe Biden is the remedy to this...a guy who had to cheat his way through law school...has been running for President since Watergate was in the headlines and repeatedly has found ways to do or say something so colossally stupid that his campaign implodes! THAT is your answer to our crisis? Elect THAT moron? Give me a break!

Please you're better than that Stop what BS?? Trump is a crook and his daddy bought his way INTO and OUT of college a history of cheating and lying That's your man?? Sink with him then

Trump got a degree in Economics from one of the best business schools on the planet! Joe Biden got degrees in History and Political Science! Trump is my "man" because Trump understands economics. Biden? He's an idiot. He's always been an idiot! He'll always BE an idiot!

According to his professor, he was "the dumbest goddamn student I ever had".

Degree in economics? Heh - He'd have been better off getting his D average from Trump University

Ah yes...the claim made by a friend of William Kelly...a claim that can't be verified because William T. Kelly was long DEAD by that point? Take that silly shit somewhere else, Doc...you're embarrassing yourself!

 

[it_is_the_light]

the Stockmarket is DEAD under the Fiat System ..

How long can they do this before the Switch to Crypto and Gold Backed XRP ???

New York Fed pledges to offer $1 trillion a day in overnight repo loans

New York Fed pledges to offer $1 trillion a day in overnight repo loans



(Reuters) - The New York Federal Reserve said it will make up to $1 trillion a day available for loans in the repo market for the remainder of this week.

The Fed said it will offer up to $500 billion in overnight repo loans each morning and an additional $500 billion in overnight repo loans each afternoon.

This is the latest effort from the central bank to keep markets operating smoothly despite volatility related to the coronavirus pandemic. Earlier Tuesday, the Fed said it would reinstate a funding facility used during the 2008 financial crisis to get credit directly to businesses and households.

On Sunday, the U.S. central bank slashed rates to near zero and announced it would purchase $700 billion in Treasuries and mortgage-backed securities.

 

[Cellblock2429]

Surprisingly enough, that was actually TRUE when Trump tweeted it on February 19 of this year. The actual record high of 29,551.42 for the Dow Jones Industrial Average was set on February 12, 2020. But what a difference a month makes! Today, March 18, the Dow Jones Average closed at 19,898.92, down almost 10,000 points! When Trump was inaugurated, on January 19, 2017, the Dow closed at 19,804.72. All the gains made under the Trump administration have been essentially wiped out. Now, I know that Trumpers will complain that it's not fair to blame Trump because the coronavirus is wreaking havoc on the economy. To some extent, that's true. But if Trump doesn't deserve blame for the stock market decline, why did he deserve credit for its rise?

Four Charts Comparing Trump’s Vs. Obama’s Stock Market Returns
The Dow has officially erased all gains minted during the Trump presidency | Markets Insider

/———/ “But if Trump doesn't deserve blame for the stock market decline, why did he deserve credit for its rise?”
You build a nice house and you get credit. An arsonist burns it down. Is that your fault ?

You get credit for building a nice house if YOU built it. If you paid people to build it for you, you don't. You get credit for having money. But no, if an arsonist burns it down, it's not your fault. And if you read my original post, I wrote that to some extent, it's not fair to blame Trump for the stock market crash. But I did also ask why he should get credit for the stock market's rise. So far, I haven't seen an answer to that question.

/——/ What a stupid comeback. You build a house regardless if you swing a hammer or do the plumbing or hire experts. You pick the design and location, you furnish it - yeah you get credit. But if it burns down from the work of an arsonist it’s not your fault.

Sorry, your spin fails.

Spoken like a guy with enough money to pay other people to do what he wants.

/——/ In what universe does that refute my analogy? Do you even remember what the topic was about? Geeeeze, class envy seeps out of your pores. Get a job and pay your own way.

 

[mudwhistle]

Surprisingly enough, that was actually TRUE when Trump tweeted it on February 19 of this year. The actual record high of 29,551.42 for the Dow Jones Industrial Average was set on February 12, 2020. But what a difference a month makes! Today, March 18, the Dow Jones Average closed at 19,898.92, down almost 10,000 points! When Trump was inaugurated, on January 19, 2017, the Dow closed at 19,804.72. All the gains made under the Trump administration have been essentially wiped out. Now, I know that Trumpers will complain that it's not fair to blame Trump because the coronavirus is wreaking havoc on the economy. To some extent, that's true. But if Trump doesn't deserve blame for the stock market decline, why did he deserve credit for its rise?

Four Charts Comparing Trump’s Vs. Obama’s Stock Market Returns
The Dow has officially erased all gains minted during the Trump presidency | Markets Insider

I know this has been said before.....but this is really the dumbest thread on USMB so far.

The only way your OP would be rational is if Trump was the cause of the virus.

And that's why China is trying to get Democrats in the media to blame him.
Talking about Russian influence.....this is Chinese influence in our elections.

If this is the dumbest thread on this board, why are you posting here? And if you'll actually READ my post, I am not blaming Trump for the coronavirus. I'm asking, if he doesn't deserve blame for the stock market decline, why did Trump deserve credit for its rise? So far, I still haven't seen an answer to that question.

Because presidents like Trump believe in a strong economy. They aren't progressive/Keynesian dickheads that pick winners and losers. They don't believe in a two-tier justice system that favors party members while screwing everyone else because of their politics. They also believe in a sound economic policy that provides a leg up to businesses instead of trying to punish success. So...yes...Trump had alot to do with the rise of the stock market. It's difficult to blame him for a nation (China) that is using bio-warfare to try to destroy our economy and a bunch of Democrats/Communists who are happy to help them in doing it.

Trump doesn't believe in a two-tier justice system?? Hasn't he been pardoning his cronies and fellow travelers? You imply that Presidents who aren't Trump don't believe in a strong economy. Do you really believe that? Don't you know that how well (or badly) the economy is doing is often the biggest single determinant for a President's re-election or defeat? So why wouldn't every President want the economy to be strong during their tenure? Oh, and your evidence for the coronavirus being bio-warfare is what? If it were, why would they release it in China first? Wouldn't it make more sense to create the virus in a secure lab and then release it in the U.S. first? But that's not what happened.

Trump pardons people who were victims of a two-tiered justice system.
In a two-tiered justice system....the guilty often escape justice while the innocent are punished for just being a Trump associate.

 

[Butch_Coolidge]

Dow is back up to 20,213 as of 9:30 [emoji805] am.


Sent from my iPhone using Tapatalk

Oooops. Not as of this evening. It's down over 900 points, and finished at 19,173.98. What happened?

Not abnormal under the circumstances.


Sent from my iPhone using Tapatalk

 

[mudwhistle]

Believing that flooding the market with cash during a recovery doesn't mean you're a Keynesian.

You've zero clue Muddy

~S~

Says the clueless liberal....

keep telling yourself that if it makes you feel better.

I'm no Liberal

~S~

Well...you're acting like one.

 

[mudwhistle]

Here's the dilemma for you progressives! You want a crisis to upend the economy because you've finally grasped the fact that Trump is really good with that and the people know it...but if Trump responds to the crisis well...and he is despite all of the spin places like MSNBC and CNN are desperately trying to put out there that he isn't...he's going to look even better than Joe Biden than he already does!

First of all Old he'll be called like those he hates,,a socialist, while giving a trillion away.
2nd consumer confidence is way down No confidence no buying And then his beautiful DOW is less than 2000..Perhaps some republicans will realize his s__t does stink

What's amusing is that you think Joe Biden is the remedy to this...a guy who had to cheat his way through law school...has been running for President since Watergate was in the headlines and repeatedly has found ways to do or say something so colossally stupid that his campaign implodes! THAT is your answer to our crisis? Elect THAT moron? Give me a break!

Please you're better than that Stop what BS?? Trump is a crook and his daddy bought his way INTO and OUT of college a history of cheating and lying That's your man?? Sink with him then

Trump got a degree in Economics from one of the best business schools on the planet! Joe Biden got degrees in History and Political Science! Trump is my "man" because Trump understands economics. Biden? He's an idiot. He's always been an idiot! He'll always BE an idiot!

According to his professor, he was "the dumbest goddamn student I ever had".

Degree in economics? Heh - He'd have been better off getting his D average from Trump University

 

[Rye Catcher]

We'll be burnt toast if that zombie brained Biden gets in there.

I doubt that. The swamp under a Biden Presidency will be cleaned, no more cronyism; Biden will surround himself with the best and the brightest, not the greedy and the self serving; not Yes men and women, but a diverse administration of experts in their fields; experts who will advise the president, who will actually listen to them, not fire them when he is told something he didn't want to hear.

Face it folks, donald trump is inept, incompetent and completely dishonest. He acts by whims and his gut, but a whim and a fat belly does not provide the necessary thought to consider the consequences of his actions - both expected and those unexpected - and of his policies and impromptu statements as a real leader must do.

 

[edward37]

First of all Old he'll be called like those he hates,,a socialist, while giving a trillion away.
2nd consumer confidence is way down No confidence no buying And then his beautiful DOW is less than 2000..Perhaps some republicans will realize his s__t does stink

What's amusing is that you think Joe Biden is the remedy to this...a guy who had to cheat his way through law school...has been running for President since Watergate was in the headlines and repeatedly has found ways to do or say something so colossally stupid that his campaign implodes! THAT is your answer to our crisis? Elect THAT moron? Give me a break!

Please you're better than that Stop what BS?? Trump is a crook and his daddy bought his way INTO and OUT of college a history of cheating and lying That's your man?? Sink with him then

Trump got a degree in Economics from one of the best business schools on the planet! Joe Biden got degrees in History and Political Science! Trump is my "man" because Trump understands economics. Biden? He's an idiot. He's always been an idiot! He'll always BE an idiot!

According to his professor, he was "the dumbest goddamn student I ever had".

Degree in economics? Heh - He'd have been better off getting his D average from Trump University

Muddy ,,Raw truth?? You and trump wouldn't know raw truth if it hit you in the face

 

[edward37]

We'll be burnt toast if that zombie brained Biden gets in there.

I doubt that. The swamp under a Biden Presidency will be cleaned, no more cronyism; Biden will surround himself with the best and the brightest, not the greedy and the self serving; not Yes men and women, but a diverse administration of experts in their fields; experts who will advise the president, who will actually listen to them, not fire them when he is told something he didn't want to hear.

Face it folks, donald trump is inept, incompetent and completely dishonest. He acts by whims and his gut, but a whim and a fat belly does not provide the necessary thought to consider the consequences of his actions - both expected and those unexpected - and of his policies and impromptu statements as a real leader must do.

BEST post of the month Thank you

 

[DrLove]

What's amusing is that you think Joe Biden is the remedy to this...a guy who had to cheat his way through law school...has been running for President since Watergate was in the headlines and repeatedly has found ways to do or say something so colossally stupid that his campaign implodes! THAT is your answer to our crisis? Elect THAT moron? Give me a break!

Please you're better than that Stop what BS?? Trump is a crook and his daddy bought his way INTO and OUT of college a history of cheating and lying That's your man?? Sink with him then

Trump got a degree in Economics from one of the best business schools on the planet! Joe Biden got degrees in History and Political Science! Trump is my "man" because Trump understands economics. Biden? He's an idiot. He's always been an idiot! He'll always BE an idiot!

According to his professor, he was "the dumbest goddamn student I ever had".

Degree in economics? Heh - He'd have been better off getting his D average from Trump University

Muddy ,,Raw truth?? You and trump wouldn't know raw truth if it hit you in the face

Muddy & Company when truth comes-a-comes-a-knockin'

 

[mudwhistle]

What's amusing is that you think Joe Biden is the remedy to this...a guy who had to cheat his way through law school...has been running for President since Watergate was in the headlines and repeatedly has found ways to do or say something so colossally stupid that his campaign implodes! THAT is your answer to our crisis? Elect THAT moron? Give me a break!

Please you're better than that Stop what BS?? Trump is a crook and his daddy bought his way INTO and OUT of college a history of cheating and lying That's your man?? Sink with him then

Trump got a degree in Economics from one of the best business schools on the planet! Joe Biden got degrees in History and Political Science! Trump is my "man" because Trump understands economics. Biden? He's an idiot. He's always been an idiot! He'll always BE an idiot!

According to his professor, he was "the dumbest goddamn student I ever had".

Degree in economics? Heh - He'd have been better off getting his D average from Trump University

Muddy ,,Raw truth?? You and trump wouldn't know raw truth if it hit you in the face

You wouldn't know a lie if it kicked you in the nuts.

 

[mudwhistle]

Please you're better than that Stop what BS?? Trump is a crook and his daddy bought his way INTO and OUT of college a history of cheating and lying That's your man?? Sink with him then

Trump got a degree in Economics from one of the best business schools on the planet! Joe Biden got degrees in History and Political Science! Trump is my "man" because Trump understands economics. Biden? He's an idiot. He's always been an idiot! He'll always BE an idiot!

According to his professor, he was "the dumbest goddamn student I ever had".

Degree in economics? Heh - He'd have been better off getting his D average from Trump University

Muddy ,,Raw truth?? You and trump wouldn't know raw truth if it hit you in the face

Muddy & Company when truth comes-a-comes-a-knockin'

Again....you're living in denial.
The only reason the media made this into a pandemic is because of who's in the WH.
And we can all be assured that you'll go to your grave swearing media coverage had nothing to do with it.

 

[edward37]

Trump got a degree in Economics from one of the best business schools on the planet! Joe Biden got degrees in History and Political Science! Trump is my "man" because Trump understands economics. Biden? He's an idiot. He's always been an idiot! He'll always BE an idiot!

According to his professor, he was "the dumbest goddamn student I ever had".

Degree in economics? Heh - He'd have been better off getting his D average from Trump University

Muddy ,,Raw truth?? You and trump wouldn't know raw truth if it hit you in the face

Muddy & Company when truth comes-a-comes-a-knockin'

Again....you're living in denial.
The only reason the media made this into a pandemic is because of who's in the WH.
And we can all be assured that you'll go to your grave swearing media coverage had nothing to do with it.

All the media is doing is separating the truth from the trump lies You can't stand the truth which is why you support trump

 

[DrLove]

Trump got a degree in Economics from one of the best business schools on the planet! Joe Biden got degrees in History and Political Science! Trump is my "man" because Trump understands economics. Biden? He's an idiot. He's always been an idiot! He'll always BE an idiot!

According to his professor, he was "the dumbest goddamn student I ever had".

Degree in economics? Heh - He'd have been better off getting his D average from Trump University

Muddy ,,Raw truth?? You and trump wouldn't know raw truth if it hit you in the face

Muddy & Company when truth comes-a-comes-a-knockin'

Again....you're living in denial.
The only reason the media made this into a pandemic is because of who's in the WH.
And we can all be assured that you'll go to your grave swearing media coverage had nothing to do with it.

Media caused the pandemic? Dem hoax & all that? That's funny!

We are where we are right now because Donnie dithered for two months and continues to do little to nothing.

 

[edward37]

Lets not screw this up ,,,first time in history we can sit by the TV,read, do nothing and accomplish so much

 

[edward37]

Trump got a degree in Economics from one of the best business schools on the planet! Joe Biden got degrees in History and Political Science! Trump is my "man" because Trump understands economics. Biden? He's an idiot. He's always been an idiot! He'll always BE an idiot!

According to his professor, he was "the dumbest goddamn student I ever had".

Degree in economics? Heh - He'd have been better off getting his D average from Trump University

Muddy ,,Raw truth?? You and trump wouldn't know raw truth if it hit you in the face

Muddy & Company when truth comes-a-comes-a-knockin'

Again....you're living in denial.
The only reason the media made this into a pandemic is because of who's in the WH.
And we can all be assured that you'll go to your grave swearing media coverage had nothing to do with it.

TEAR EM UP Muddy

 

[DrLove]

According to his professor, he was "the dumbest goddamn student I ever had".

Degree in economics? Heh - He'd have been better off getting his D average from Trump University

Muddy ,,Raw truth?? You and trump wouldn't know raw truth if it hit you in the face

Muddy & Company when truth comes-a-comes-a-knockin'

Again....you're living in denial.
The only reason the media made this into a pandemic is because of who's in the WH.
And we can all be assured that you'll go to your grave swearing media coverage had nothing to do with it.

TEAR EM UP Muddy

I may have made too much to qualify last year. But if I get a check, it's going in the form of tips to the waiters, waitresses and bartenders here in Oregon I like who've been most affected.