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Dec 31 2019 01:51pm
Quote (EndlessSky @ Dec 31 2019 12:30pm)


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.
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Dec 31 2019 02:00pm
Quote (Brian_D @ Dec 31 2019 02:51pm)
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.



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.
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Dec 31 2019 02:11pm
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
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Dec 31 2019 02:41pm
Quote (ofthevoid @ Dec 31 2019 02:00pm)
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.


Thats some quality analysis right there. You learn that at creationist math teacher university?
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Dec 31 2019 04:07pm
Quote (inkanddagger @ Dec 31 2019 03:11pm)
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.



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.


Extremely low iq post.

Quote
The S&P 500 has returned more than 50% since Trump was elected, more than double the 23% average market return of presidents three years into their term, according to data from Bespoke Investment Group dating to 1928.


https://www.cnbc.com/2019/12/26/trumps-stock-market-rally-is-far-outpacing-past-us-presidents.html

Quote (Thor123422 @ Dec 31 2019 03:41pm)
Thats some quality analysis right there. You learn that at creationist math teacher university?


See above math and analysis. Funny how charts based on numbers can be easily quantified.

This post was edited by ofthevoid on Dec 31 2019 04:15pm
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Dec 31 2019 04:55pm
Quote (ofthevoid @ 31 Dec 2019 17:07)
Extremely low iq post.



https://www.cnbc.com/2019/12/26/trumps-stock-market-rally-is-far-outpacing-past-us-presidents.html



See above math and analysis. Funny how charts based on numbers can be easily quantified.

lefties went from saying the economy would crash under President Trump to saying that economic performance now should be equivalent to growth rates out of a recessionary period (which should be high). at least the President keeps up with their insane, ever-shifting demands (akin to heads i win tails you lose)

dont forget that their prior candidate said the economy was screwed up in 2016 lmfao!!!!


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Dec 31 2019 05:18pm
Quote (ofthevoid @ Dec 31 2019 03:00pm)
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.


Im foolish

I really should just let them keep making the same mistake
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Dec 31 2019 05:32pm
Quote (ofthevoid @ Dec 31 2019 04:07pm)
Extremely low iq post.

https://www.cnbc.com/2019/12/26/trumps-stock-market-rally-is-far-outpacing-past-us-presidents.html

See above math and analysis. Funny how charts based on numbers can be easily quantified.


Nobody has doubted that the economy is good, the contention is that its continuing the trends started under Obama. Your "math analysis" doesnt speak to that question. If you look at S&P and Dow its pretty clear to be on a trend since 2010 that was not significantly altered from 2016

Dow was a bit above trend in 2017 but has since fallen back in line

This post was edited by Thor123422 on Dec 31 2019 05:33pm
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Dec 31 2019 05:34pm
Quote (Thor123422 @ Dec 31 2019 03:41pm)
Thats some quality analysis right there. You learn that at creationist math teacher university?


He learned it at that Ark on Kentucky.
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Posts: 28,884
Joined: Aug 11 2013
Gold: 10,712.00
Dec 31 2019 06:07pm
Quote (Thor123422 @ Dec 31 2019 06:32pm)
Nobody has doubted that the economy is good, the contention is that its continuing the trends started under Obama. Your "math analysis" doesnt speak to that question. If you look at S&P and Dow its pretty clear to be on a trend since 2010 that was not significantly altered from 2016

Dow was a bit above trend in 2017 but has since fallen back in line


Yeah no.

Obama took over at the bottom of a historic drop. Bernie Sanders with his anti-capitalistic policies would have been in the green, not hard to do well when everything is trading for peanuts and the only way to go is up.

Trump took when the yield curve was inverting, everyone was predicting a recession, etc.

Your cognitive dissonance doesn't really impact me but lol. It's funny how people can hate someone that they try to contort reality.



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