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Thread: How good the stock market under Trump really is, in one chart

  1. #11
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    nic34's Avatar Senior Member
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    And the stock market has little or no effect on the national debt...

    http://money.cnn.com/2017/10/12/news...ebt/index.html
    "Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children."
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    Nattering naybob

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    Quote Originally Posted by Peter1469 View Post
    He was coming off historic lows. With that said, O's economic recovery was the most flaccid in history.
    I know! Handed an economic disaster in the midst of a stock market crash President Obama still managed to outperform your boy who inherited a growing economy in increasingly better shape!

    Amazing huh?
    "Sir, I exist!" cried a man to the Universe.
    "However," replied the Universe, "that fact has not created in me a sense of obligation."

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    Quote Originally Posted by nic34 View Post
    And the stock market has little or no effect on the national debt...

    http://money.cnn.com/2017/10/12/news...ebt/index.html
    Why would it?

    What would affect the debt is cutting back on spending.
    Edmund Burke: "In vain you tell me that Artificial Government is good, but that I fall out only with the Abuse. The Thing! the Thing itself is the Abuse!"

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    Quote Originally Posted by Crepitus View Post
    I know! Handed an economic disaster in the midst of a stock market crash President Obama still managed to outperform your boy who inherited a growing economy in increasingly better shape!

    Amazing huh?
    That is simply a wrong and stupid conclusion. Partisan much?
    Alea iacta est

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    Captdon (01-06-2018)

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    Quote Originally Posted by Peter1469 View Post
    That is simply a wrong and stupid conclusion. Partisan much?
    What's "wrong" about it? It's right there in black and white!
    "Sir, I exist!" cried a man to the Universe.
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    Quote Originally Posted by Crepitus View Post
    How good the stock market under Trump really is, in one chart Interesting chart allowing you to compare the percent change in the stock market under current and past officeholders.
    In fairness to The Donald, isn't The Obama's chart really a false equivalency? Didn't it really take a pelosi right before he took office so it going up a lot meant we were recovering what we falsely lost due to that panic?
    Any time you give a man something he doesn't earn, you cheapen him. Our kids earn what they get, and that includes respect. -- Woody Hayes​

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    Quote Originally Posted by DGUtley View Post
    In fairness to The Donald, isn't The Obama's chart really a false equivalency? Didn't it really take a pelosi right before he took office so it going up a lot meant we were recovering what we falsely lost due to that panic?
    If you highlight the Obama line you will see that the market was actually still in free fall when he took over, dropping almost 20 points below his baseline zero before beginning an upward trend. If we used the low point as the zero he would have outperformed everyone on the chart.
    "Sir, I exist!" cried a man to the Universe.
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    Quote Originally Posted by Crepitus View Post
    If you highlight the Obama line you will see that the market was actually still in free fall when he took over, dropping almost 20 points below his baseline zero before beginning an upward trend. If we used the low point as the zero he would have outperformed everyone on the chart.
    Crep, I honestly don't know enough about it, I just remember it had dumped massively right before and right after he took over so it was way low to begin with and then shortly after started its upward climb. I have long believed that if they left well enough alone it'd have all recovered fuller without all of the regulatory handcuffs. I just remember it being very low in march or april, having dumped twice in that short timeframe, so in my mind it was a false low brought about by emotional economic panic.
    Any time you give a man something he doesn't earn, you cheapen him. Our kids earn what they get, and that includes respect. -- Woody Hayes​

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    Quote Originally Posted by Crepitus View Post
    What's "wrong" about it? It's right there in black and white!
    Statistics are used to lie on a daily basis. You participated in it.
    Alea iacta est

    Check out the blog.


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    Quote Originally Posted by Peter1469 View Post
    Statistics are used to lie on a daily basis. You participated in it.
    Nice, don't like the numbers so accuse me of lying.

    Have a nice day.
    "Sir, I exist!" cried a man to the Universe.
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