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High inflation will not kill biden bull market

Biden gets credit for that. The markets where reacting to trumps upcoming defeat.
Why? Because he happened to be dozing in the Oval Office? Sorry, no.
 
He got a weak bump from post recession - the poorest recovery since WW II, BTW. In 2016 the market gains as much from election day to Trump's inauguration as it had during the previous ten months under Obama. AND the market continued to surge, even shrugging off COVID.

Why did you lie and say the market was sluggish under Obama? The market soared under Obama. In fact, it was the biggest increase in the market's history.
 
Why did you lie and say the market was sluggish under Obama? The market soared under Obama. In fact, it was the biggest increase in the market's history.
I was talking about the LAST YEAR of his term, e.g. the economy he turned over to Trump. Try to keep up.
 
So what? We're talking about what Obama turned over to Trump.

The market increased so much in 8 years that nobody would call the Obama market "sluggish". It wasn't. Never was.

I didn't even vote for the guy but I hate to see people lie about things during his Presidency.
 
It was booming. unlike the recession trump had and gave to biden.
Nope, the recession was over in a month - unemployment dropped GDP grew, the markets went up - all symptoms of a recovery. Biden just jumped on the train and, so far, has done his been to uncouple the cars.
 
The market increased so much in 8 years that nobody would call the Obama market "sluggish". It wasn't. Never was.
Well, of course, it increased; it was forced down to unnatural levels. It's like taking a block of wood and pushing it under water, then releasing it - it comes back to the surface with no further action. And again, for possible comprehension, we're not talking about Obama's entire term, we're talking the state of the economy he passed on to Trump and how the economy skyrocketed under Trump
I didn't even vote for the guy but I hate to see people lie about things during his Presidency.
Nobody's lying, you're just not comprehending what's being said. And THAT's no lie.
 
Nope, the recession was over in a month - unemployment dropped GDP grew, the markets went up - all symptoms of a recovery. Biden just jumped on the train and, so far, has done his been to uncouple the cars.
Nope. It was trump that jumped on the obama train. Biden undid trumps recession.
 

Too bad for gophers hoping that the economy will sink.
you better be in the "bull market " then and you better hope you get your investments right for the highest gain, because the way inflation is rising up now, you may have to have 2 million dollars in wealth to afford anything when milk hits $60 a gallon.
 
Nope. It was trump that jumped on the obama train. Biden undid trumps recession.
Here's a little chart of DJIA in 2016. Notice the strong gains after Nov 6th. And it never went back
Screen Shot 2021-09-16 at 12.03.08 PM.webp
 
Well, of course, it increased; it was forced down to unnatural levels. It's like taking a block of wood and pushing it under water, then releasing it - it comes back to the surface with no further action. And again, for possible comprehension, we're not talking about Obama's entire term, we're talking the state of the economy he passed on to Trump and how the economy skyrocketed under Trump

Nobody's lying, you're just not comprehending what's being said. And THAT's no lie.

Stop derping and lying. I realize it pains you to admit it, but the market soared while Obama was President. Soared.
 
Stop derping and lying. I realize it pains you to admit it, but the market soared while Obama was President. Soared.
and yet here's the market in Obama's last year. That huge increase on the right is TRUMP'S election - he hadn't even been inaugurated yet and he generated that enthusiasm. You can almost hear investors singing "ding, dong, the wicked Witch lost - no more Obamanomics". :ROFLMAO:

2016 DJIA.webp
 
So why doesnt biden get credit for gains now? Double standard.
Because he inherited it from Trump. It was going up before he was inaugurated, his elections caused no change in direction,
 
lol, @Bullseye, your idiotic routine was already busted:
______________​
You must be really pissed about how this happened....​
dow-over-time-png.67354108
.....and then you found yourself having to obey Fox's orders to credit Trump for the Obama boom. That really must have ground your gears, what with this massive concern for accuracy and fairness in posting.​
______________​

But there you go...trying to push it.

Now, in reality it is incredibly stupid to analyze the world's biggest economy by looking at precisely two factors: the DOW (not 'the economy') and who is president. Within that realm of incredible stupidity, you the have the Bullseye maneuver of attempting to credit a GOP president with the exact things one denies a Dem president.

The amount of factors one must look at are staggering, and a non-economist like Bullseye has not business attempting it, not that he ever word. But he's not posting in good faith, now is he? It's just another Trumpist application of hyperpartisan rules:

Thing good and Dem President --> credit GOP exclusively
Thing bad and Dem President --> blame Dem exclusively
Thing good and GOP president --> credit GOP exclusively
Thing bad and GOP president --> blame Dems exclusively
 
and yet here's the market in Obama's last year. That huge increase on the right is TRUMP'S election - he hadn't even been inaugurated yet and he generated that enthusiasm. You can almost hear investors singing "ding, dong, the wicked Witch lost - no more Obamanomics". :ROFLMAO:

View attachment 67354178

Thanks for the visual reminder of the massive gains in the market under Obama. Did you thank him?
 
lol, @Bullseye, your idiotic routine was already busted:
______________​
You must be really pissed about how this happened....​
dow-over-time-png.67354108
.....and then you found yourself having to obey Fox's orders to credit Trump for the Obama boom. That really must have ground your gears, what with this massive concern for accuracy and fairness in posting.​
______________​

But there you go...trying to push it.

Now, in reality it is incredibly stupid to analyze the world's biggest economy by looking at precisely two factors: the DOW (not 'the economy') and who is president. Within that realm of incredible stupidity, you the have the Bullseye maneuver of attempting to credit a GOP president with the exact things one denies a Dem president.

The amount of factors one must look at are staggering, and a non-economist like Bullseye has not business attempting it, not that he ever word. But he's not posting in good faith, now is he? It's just another Trumpist application of hyperpartisan rules:

Thing good and Dem President --> credit GOP exclusively
Thing bad and Dem President --> blame Dem exclusively
Thing good and GOP president --> credit GOP exclusively
Thing bad and GOP president --> blame Dems exclusively
Partisan hackery at its worst. I still don't think he realizes the contradiction he is making.
 
Thanks for the visual reminder of the massive gains in the market under Obama. Did you thank him?
Massive gains? Numbers and charts confuse you, don't they?
 
lol, @Bullseye, your idiotic routine was already busted:
______________​
You must be really pissed about how this happened....​
dow-over-time-png.67354108
.....and then you found yourself having to obey Fox's orders to credit Trump for the Obama boom. That really must have ground your gears, what with this massive concern for accuracy and fairness in posting.​
______________​

But there you go...trying to push it.

Now, in reality it is incredibly stupid to analyze the world's biggest economy by looking at precisely two factors: the DOW (not 'the economy') and who is president. Within that realm of incredible stupidity, you the have the Bullseye maneuver of attempting to credit a GOP president with the exact things one denies a Dem president.

The amount of factors one must look at are staggering, and a non-economist like Bullseye has not business attempting it, not that he ever word. But he's not posting in good faith, now is he? It's just another Trumpist application of hyperpartisan rules:

Thing good and Dem President --> credit GOP exclusively
Thing bad and Dem President --> blame Dem exclusively
Thing good and GOP president --> credit GOP exclusively
Thing bad and GOP president --> blame Dems exclusively
You just keep spewing the same ol' crap, don't you? You're in a never-ending loop of Dumbocult mantras.
 
You just keep spewing the same ol' crap, don't you? You're in a never-ending loop of Dumbocult mantras.

Some don't really want to know the truth, do they?
Trump’s Economy Really Was Better Than Obama’s At least until the pandemic, the president’s unconventional policy got unprecedented results.

In 2016, real median household income was $62,898, just $257 above its level in 1999. Over the next three years it grew almost $6,000, to $68,703. That’s perhaps why, despite the pandemic, 56% of U.S. voters polled last month said their families were better off today than they were four years ago.

Family Income Has Soared Under Trump​

Real median household income reached record levels in 2018 and 2019
 
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