Will Democrats Ever Stop Comparing The 2009/2010 DOW To The "Trump DOW".It's Over 26,000 Damn It !!!

[Rexx Taylor]

I just saw Steny Hoyer on CNBC speak of how Obama tripled the stock market over his stagnant 8 year depression of his term. Big Deal! It was around 6000 and change within the first three months of his presidency. Then a slow agonizing climb to 10,000 as millions of Americans were losing their jobs during the Obama years.
Then later on in 2010? Obama had to gradually "Print Up 4 Trillion Dollars" ??
OK, so Obama approves printing up a few trillion dollars, and where did it go? Not to job creation !!,, It went right into the DOW creating the illusion that the Obama DOW was rising!

It seems no matter how fast the DOW has been rising since Trump became President in November 2016,,,,the loony left will just keep lying about how much better the stock market was in this period 9/10 years ago,,,,,,IT SUCKED !!!!! Period !!!!

 

[Meathead]

It's like comparing a manger who takes a team from a 55-107 record to a 65-93 year to another who takes a team from 80-82 (where the first manager topped out after 8 years) to 100-62 in a single season.

 

[Rexx Taylor]

how come no host on any cable news network asks a liberal why Obama never took us to a 20,000 DOW?

 

[jillian]

I just saw Steny Hoyer on CNBC speak of how Obama tripled the stock market over his stagnant 8 year depression of his term. Big Deal! It was around 6000 and change within the first three months of his presidency. Then a slow agonizing climb to 10,000 as millions of Americans were losing their jobs during the Obama years.
Then later on in 2010? Obama had to gradually "Print Up 4 Trillion Dollars" ??
OK, so Obama approves printing up a few trillion dollars, and where did it go? Not to job creation !!,, It went right into the DOW creating the illusion that the Obama DOW was rising!

It seems no matter how fast the DOW has been rising since Trump became President in November 2016,,,,the loony left will just keep lying about how much better the stock market was in this period 9/10 years ago,,,,,,IT SUCKED !!!!! Period !!!!

as soon as they aren't comparable.

are you capable of posting without a myriad of emoticons?

 

[Care4all]

the top10% of Americans own 80% of the stocks,

so the stock market climb under Obama did nothing for the pocketbooks of MOST ALL Americans, and the same thing for the stock market rise that has come under Trump.....

Both Obama and Trump made the already better off, better off. But has done little for the rest of Americans.....

regardless of that, it is still probably better to have it rise, than to have it fall...

 

[Rexx Taylor]

and when they interview a far left loony on any network, they will create the illusion that the Trump boom isnt as real as it seems

 

[Care4all]

and when they interview a far left loony on any network, they will create the illusion that the Trump boom isnt as real as it seems

well, the boom under Bush2, was simply a bubble that occurred due to deregulation...and then the bust, and then we fell....

Anyone with a memory, has to have some reservation about another deregulation BOOM.... if they have one ounce of brain matter left in their heads....

Deregulation works for a time, until the corruption and Ponzi schemes deregulation allowed, becomes known....

 

[bendog]

The reason they're comparable is because of a term called "basis."

The real question is not your outrage at the mysteries of investing (LOL) but how far the Trump Dow will fall when it falls, and it will fall. But, if you can hang on long enough, it should rise again ... like the Phoenix or the Risen Christ, take your pick.

But in the works of Keynes, "but in the long term we're all dead."

 

[Rexx Taylor]

how come not one democrat can esssplain why Obama never even came close to 20,000 within two months of his presidency?

 

[postman]

I just saw Steny Hoyer on CNBC speak of how Obama tripled the stock market over his stagnant 8 year depression of his term. Big Deal! It was around 6000 and change within the first three months of his presidency. Then a slow agonizing climb to 10,000 as millions of Americans were losing their jobs during the Obama years.

The 2009 DOW started around 8,200 and falling.
By the time Obama finished the year, it was up 39%, compared to 2017 being up 29%.
Trump was able to set record dow closes because he inherited an Obama DOW that was already at or near record closes. While Obama started with a DOW that was 6,000 points underwater, so It had to go up 75% before it could set a record close.

Needless to say that took a couple of years.

 

[Rexx Taylor]

i dont recall any year of consistent good news coming from the DOW/Stock Market in the Obama years,,,,,the Obama years were so so stagnant,,,like a snail crawling up the empire state building

 

[bendog]

i dont recall any year of consistent good news coming from the DOW/Stock Market in the Obama years,,,,,the Obama years were so so stagnant,,,like a snail crawling up the empire state building

I'm sure you are honest in saying that.

 

[postman]

i dont recall any year of consistent good news coming from the DOW/Stock Market in the Obama years,,,,,the Obama years were so so stagnant,,,like a snail crawling up the empire state building

It went from 8,000 to over 19,000

If you call that stagnant, you're a fool.

 

[Rexx Taylor]

the dow sure shot up right after Trump won

 

[postman]

Where was the Dow Jones when Obama took office?

When President Obama took office on Jan. 20, 2009, the Dow Jones Industrial Average (DJIA) slumped to 7,949.09,

As of the end of Obama's term on January 20, 2017, the Dow Jones had more than recovered from its January 2009 slump, resting nicely at 19,732.40 for the day, more than double what it was on inauguration day.

Though there have been intermittent downturns, the Dow's general upward trend speaks well for the Obama administration's efforts at economic recovery.

 

[NYcarbineer]

I just saw Steny Hoyer on CNBC speak of how Obama tripled the stock market over his stagnant 8 year depression of his term. Big Deal! It was around 6000 and change within the first three months of his presidency. Then a slow agonizing climb to 10,000 as millions of Americans were losing their jobs during the Obama years.
Then later on in 2010? Obama had to gradually "Print Up 4 Trillion Dollars" ??
OK, so Obama approves printing up a few trillion dollars, and where did it go? Not to job creation !!,, It went right into the DOW creating the illusion that the Obama DOW was rising!

It seems no matter how fast the DOW has been rising since Trump became President in November 2016,,,,the loony left will just keep lying about how much better the stock market was in this period 9/10 years ago,,,,,,IT SUCKED !!!!! Period !!!!

Where did the 'Trump Dow' start from?

 

[postman]

the dow sure shot up right after Trump won

Trump didn't sign a single EO, repeal a single regulation, or change a single law during the rise from September 2016 thru January 2016.

The rise started months before Trump got elected, and continued upward.

 

[NYcarbineer]

Talk about a bad stock market, when Reagan left office the Dow was at 2200!!!!

What went wrong!??

 

[postman]

Where did the 'Trump Dow' start from?

If you go by the continuous upward streak, it started before Trump got the republican nomination.

 

[rightwinger]

Fat Donnie is just riding the economic wave that the Great Obama gave him