Posts: 89563
From: From a galaxy, far, far away...
Registered: Apr 2009

posted December 17, 2017 02:53 AM            

---

Including the Marxist Messiah himself...

The left was saying if Trump were elected president that the stock market would crash. Wait. If that happened, wouldn't it have been due to Obama's budget? Nope. People's fear would crash it. Liberals understood that concept. But the election of President Trump had the opposite effect. The hope, not fear, in President Trump created record highs in the market. That combined with deregulation has also created an economic boon that boasts the lowest unemployment in 17 years. It matches with the highest consumer confidence in 17 years. That is no accident. It's an inverse relationship. The two are directly correlated. When employers have confidence in the economy, they hire. Obama had 2% GDP and a DOW at 18,000 when President Trump took office. If the left was ready to credit a crashed market to President Trump, then then they have to likewise credit President Trump for the booming market. The lame explanations that it's Obama's budget just don't hold water. Otherwise, Obama's budget would be responsible for said crash. No sale. A DOW increase from 18,000 to over 24,000 has nothing to do with budgets. And it's going to spike again when tax reform passes. You can't say the election of Trump will crash the stock market and then not credit the opposite to the election of Trump.

IP: Logged

Posts: 5402
From: Lyra
Registered: Apr 2009

posted December 17, 2017 07:33 AM            

---

Let us use pure mathematical logic.

1. Obama took the Dow Jones from 7000 odd to 18800 levels. He inherited a complete disaster of an economy after one of the worst crashes since 1929.
It is illogical to not give him credit for this success.

2. Trump was expected to create a Russian style Oligarchy by passing insane Laws to devastate Institutions under pressure from Bannon. Trump bankrupted most of his business, hence the fear that he would bankrupt USA. He was too scraed to even release his Tax Returns due to financial fraud [Trump University, Panama Buildings et]. But Trump did not pass any insane economic Laws after winning. Thus, the doomsayers were proved wrong. And the Economic Success of Obama Era continued undisturbed with the positive "Trump Bump" of not disrupting under Bannon's command.

3. Once Trump kicked Leninist Bannon out of the White House, and the Tax Cuts anticipation increased, the Dow Jones moved very fast from 21000 levels to nearly 25K. This increase is 100% attributable to Trump and not to Obama.

4. If Tax Cuts go through, the Dow Jones can easily rally to 28000-30000 levels but sustaining that level would need growth in Middle Class jobs and incomes of Workers plus Savings in the ext 3 years.

5. If Trump had been an idiot for the Economy, GDP would have collapsed. If Obama was incompetent, we should have seen 8 years of recession. Neither occurred. So the smart and unbiased way of understanding US Economy is that Obama and Trump have both played their roles very well for the US Economy. To blame only one or support only one of the two is just being bigoted, whether towards Left Wing or Right Wing Economics.

6. And no matter how great the economy is today, it cannot deviate from the point that as an individual Donald Trump is a negative Human Being who will cause long term social chaos, divisions, attacks on underprivileged by cutting aid programs and Institutional destruction of the United States, especially in it Foreign Policy domination since 1945. How that will affect the economy of the future will be known only in 2022-2024.

IP: Logged

Posts: 89563
From: From a galaxy, far, far away...
Registered: Apr 2009

posted December 17, 2017 08:06 AM            

---

Putting America first isn't a bad thing for foreign policy. Asserting our sovereignty and getting us out of this open borders one world government where other countries dictate what we can and cannot do is not a bad thing. Empowering people to wean off the teat of government dependency is not a bad thing. Slowing the unfettered growth of Medicaid is not a bad thing--in fact, it saves it...and it's not a cut. Cutting the red tape of regulations is not a bad thing.

IP: Logged

Posts: 5563
From: shamballa
Registered: Aug 2013

posted December 17, 2017 06:22 PM            

---

And Tromp people.. Don Jr in fact... are trying to blame Obama for putting Ajit Pai in the position to repeal Net Neutrality. What's the difference? Don Jr is an insider.. either too stupid to know or too vindictive ti admit that it was his father who made Pai chairman..
Presumably knowing what his inclinations were.
http://viraltitle.com/2017/12/15/trump-jr-s-response-to-the- fccs-net-neutrality-vote-may-be-his-dumbest-tweet-yet/

Ie Dems are no more guilty of blaming the other side than your camp. Anything can be framed in either (true or false) positive or negative light

IP: Logged

Posts: 5563
From: shamballa
Registered: Aug 2013

posted December 20, 2017 11:46 PM            

---

For those trying to credit the Donald with the "record high" market..

http://www.marketwatch.com/story/dows-gains-in-trumps-first-year-are-best-ever-for-a-republican-but-4th-overall-2017-12-20

IP: Logged