• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

More winning from hell at tRump doing a great job on the economy. Not! Terrible, Terrible!

G

gemini104104

Banned
Joined
Oct 18, 2018
Messages
136
Reaction score
31
Gender
Undisclosed
Political Leaning
Undisclosed
It appears at running with the 45 devil and curse, the Market has lost all gains demonstrated prior to 2018. I suppose this tRump bad karma effect is what his brainwashed cult followers thinks will make America great again.


Dow Jones Industrial Average


DOW · October 24, 4:47 PM EDT
24,583.42
▼ 608.01 (2.41%)

It's been a shocking month for the Dow Jones Industrial Average.
Since Oct. 1, the Dow plunged 6%, losing over 1,800 points and erasing all gains made in 2018.
The stark decline over the last three weeks has investors wondering what's behind the Dow Jones' decline in October."

https://moneymorning.com/2018/10/24/3-reasons-the-dow-jones-industrial-average-is-down-in-october/
 
Last edited:
Negative for the year.
 
Trump was taking credit for the economy from Day One even though he was still on the trajectory he inherited from Obama.

He sailed through 2017 basking in unearned glory.

But that wasn't enough for him. He had to take a sledgehammer to our markets in his obsessive attempts to wipe out everything connected with Obama.

Yay. Winning.
 
He's been ticking of more of America's friends than he makes deals with. I heard a NPR segment on today that described his company business model basically talking people into investing money where there was nothing. It reminded me of a Madoff scheme.
 

If Trump is responsible for the low unemployment and the increase in the stock market, then he's responsible for the recent decline as well.

OH, the power we ascribe to the presidency!
 
Dittohead not! said:
If Trump is responsible for the low unemployment and the increase in the stock market, then he's responsible for the recent decline as well.

OH, the power we ascribe to the presidency!
Click to expand...

He's blaming the Federal Reserve. He called them "unhinged". That seems to be his new favorite word.
 

I recall you guys saying that if Trump were elected, the economy would immediately collapse. Instead, after he was elected, the economy and job markets TOOK OFF faster than ever during Obama's EIGHT YEARS! According to the actual experts, the causes for the stock plunge are higher interest rates and other things like the uncertainty involving Saudi Arabia after they killed a journalist and threatened to cause major price hikes in oil. In other words, blaming it all on Trump may make you feel good, it's not accurate. As far as Obama's great economy you mentioned, Obama was responsible for millions of new people being forced to get on food stamps and welfare, which was true til the end of his presidency. He was the only President in modern history to preside over weak economic growth his entire 8 years! He made things worse, by creating redundant regulations and spending us damn near into bankruptcy. Obama care failed in its PRIMARY goals of making health care and insurance "more affordable"! Even after spending nearly 1.5 trillion dollars on it, prices STILL skyrocketed at faster rates than before!
 
ModerationNow! said:
I recall you guys saying that if Trump were elected, the economy would immediately collapse. ....
Click to expand...


You don't recall me saying anything.

If you want me to read your posts, don't start them with that kind of nonsense. If you don't want me to read your posts, then why quote me?
 
bearpoker said:
He's blaming the Federal Reserve. He called them "unhinged". That seems to be his new favorite word.
Click to expand...

How refreshing! He didn't blame Democrats, liberals, Obama, or Clinton. He has a new scapegoat!
 
Presidents tend to get too much credit for a strong economy and too much blame for a weak one. The economy goes from boom to bust and back again REGARDLESS of who is in office.

Jmo
 
You must log in or register to reply here.
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more…