Quote (Brian_D @ Dec 31 2019 11:51am)
Wasnt the economy on an up-tick during the entire Obama presidency?
I guess when Trump took office that momentum was all of trumps doing. lol.
Trump still hasn’t even beaten Obama on annual growth. 2.5% per year. It’s easy to make the stock market look ok when you’re putting trillions on America’s credit card to pump the economy during a “boom” cycle.
Quote (ofthevoid @ Dec 31 2019 12:00pm)
Take a ruler and measure the angle of growth pre trump vs post Trump.
It’s really incredible how people keep trying to attribute this current boom to Obama when everyone worth a dime knows it was because of Trumps tax cuts and pro business stance that really pushed the markets higher.
It’s his deficit spending.
Facts don’t care about your feelings, either:
S&P 500 in the first 721 trading days of each presidency:
Ronald Reagan
+27%
George H.W. Bush
+31%
Bill Clinton
+38%
George W. Bush
-20%
Barack Obama
+44%
Donald Trump
+38%
Tied with Clinton (hey that’s pretty good honestly), can’t beat the Muslim Kenyan Deep State Mustard Hotdog Starbucks Salute Tan Suit Guy.
This post was edited by inkanddagger on Dec 31 2019 02:53pm