Current Events > Trump: Republicans have created the best economy in the HISTORY of our Country

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Ray_Dorset
11/05/18 11:34:59 PM
#52:


TheKentster posted...
creativerealms posted...
Republicans are riding on an great economy they didn't set in motion. Don't get me wrong they deserve credit for keeping the momentum going and not ruining things but it was the work of both parties and two presidents responsible. Of course Trump can't share credit.


It's amazing to think that it was set in motion but we just didn't see any of it until Obama left office. There is a SHARP change by all metrics when Trump started. He got right to work dismantling most of what Obama did with executive orders. How can you honestly believe it's just continuing the momentum? It's wrong.


During Obamas presidency, the dow jones bottomed out around 7,062 points. At the beginning of November of 2010, which was about the same time into his presidency as 45 is now, it had rose to 11,215, a 58% rise in 21 months. It closed at 19,804 his last day in office, meaning he nearly tripled the dow jones. Since 45 took office, he's only been able to grow it 28%, far short of what Obama was able to accomplish in the same time period.
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scorpion41
11/05/18 11:44:26 PM
#54:


Ray_Dorset posted...
TheKentster posted...
creativerealms posted...
Republicans are riding on an great economy they didn't set in motion. Don't get me wrong they deserve credit for keeping the momentum going and not ruining things but it was the work of both parties and two presidents responsible. Of course Trump can't share credit.


It's amazing to think that it was set in motion but we just didn't see any of it until Obama left office. There is a SHARP change by all metrics when Trump started. He got right to work dismantling most of what Obama did with executive orders. How can you honestly believe it's just continuing the momentum? It's wrong.


During Obamas presidency, the dow jones bottomed out around 7,062 points. At the beginning of November of 2010, which was about the same time into his presidency as 45 is now, it had rose to 11,215, a 58% rise in 21 months. It closed at 19,804 his last day in office, meaning he nearly tripled the dow jones. Since 45 took office, he's only been able to grow it 28%, far short of what Obama was able to accomplish in the same time period.


Now I want you to reread what you just posted. Barry inherited a bottomed out DOW at 7k. Logic says its a whole lot easier to significantly grow a weak economy than it is to significantly grow a strong one. Thats like a teacher inheriting a class that was brought from a D to a B average, boosting them up to an A, then being penalized because there wasnt as much growth as before.
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Ray_Dorset
11/05/18 11:45:30 PM
#55:


scorpion41 posted...
Ray_Dorset posted...
TheKentster posted...
creativerealms posted...
Republicans are riding on an great economy they didn't set in motion. Don't get me wrong they deserve credit for keeping the momentum going and not ruining things but it was the work of both parties and two presidents responsible. Of course Trump can't share credit.


It's amazing to think that it was set in motion but we just didn't see any of it until Obama left office. There is a SHARP change by all metrics when Trump started. He got right to work dismantling most of what Obama did with executive orders. How can you honestly believe it's just continuing the momentum? It's wrong.


During Obamas presidency, the dow jones bottomed out around 7,062 points. At the beginning of November of 2010, which was about the same time into his presidency as 45 is now, it had rose to 11,215, a 58% rise in 21 months. It closed at 19,804 his last day in office, meaning he nearly tripled the dow jones. Since 45 took office, he's only been able to grow it 28%, far short of what Obama was able to accomplish in the same time period.


Now I want you to reread what you just posted. Barry inherited a bottomed out DOW at 7k. Logic says its a whole lot easier to significantly grow a weak economy than it is to significantly grow a strong one. Thats like a teacher inheriting a class that was brought from a D to a B average, boosting them up to an A, then being penalized because there wasnt as much growth as before.


I'm glad I didn't have to wait long to see how that would be spun.
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TheKentster
11/05/18 11:55:51 PM
#56:


Ray_Dorset posted...
scorpion41 posted...
Ray_Dorset posted...
TheKentster posted...
creativerealms posted...
Republicans are riding on an great economy they didn't set in motion. Don't get me wrong they deserve credit for keeping the momentum going and not ruining things but it was the work of both parties and two presidents responsible. Of course Trump can't share credit.


It's amazing to think that it was set in motion but we just didn't see any of it until Obama left office. There is a SHARP change by all metrics when Trump started. He got right to work dismantling most of what Obama did with executive orders. How can you honestly believe it's just continuing the momentum? It's wrong.


During Obamas presidency, the dow jones bottomed out around 7,062 points. At the beginning of November of 2010, which was about the same time into his presidency as 45 is now, it had rose to 11,215, a 58% rise in 21 months. It closed at 19,804 his last day in office, meaning he nearly tripled the dow jones. Since 45 took office, he's only been able to grow it 28%, far short of what Obama was able to accomplish in the same time period.


Now I want you to reread what you just posted. Barry inherited a bottomed out DOW at 7k. Logic says its a whole lot easier to significantly grow a weak economy than it is to significantly grow a strong one. Thats like a teacher inheriting a class that was brought from a D to a B average, boosting them up to an A, then being penalized because there wasnt as much growth as before.


I'm glad I didn't have to wait long to see how that would be spun.


You're the one spinning numbers to work in your favor. You're talking about a 4,000 point increase, assuming that the facts you listed are true. 4,000 points amounting to 58%. So impressive!

However Trump's 28%, as you claim, if we fairly look at the highest point the Dow has reached, it went up to 26,828, an increase of 7,000 points in 21 months.

So it's actually almost double the increase in terms of raw dollars, on top of the fact that it wasn't a bottomed-out economy. This combined with the fact that the Dow has closed at a new all-time high over 100 times in Trump's presidency should give you a clue of just how good he's doing.
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ImTheMacheteGuy
11/05/18 11:59:34 PM
#57:


Heh heh heh heh...
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TheKentster
11/06/18 12:04:48 AM
#58:


ImTheMacheteGuy posted...
Heh heh heh heh...


What's this supposed to mean? Let me guess, you're campaigning to get me banned.
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Sabram
11/06/18 12:10:51 AM
#59:


TheKentster posted...
Ray_Dorset posted...
scorpion41 posted...
Ray_Dorset posted...
TheKentster posted...
creativerealms posted...
Republicans are riding on an great economy they didn't set in motion. Don't get me wrong they deserve credit for keeping the momentum going and not ruining things but it was the work of both parties and two presidents responsible. Of course Trump can't share credit.


It's amazing to think that it was set in motion but we just didn't see any of it until Obama left office. There is a SHARP change by all metrics when Trump started. He got right to work dismantling most of what Obama did with executive orders. How can you honestly believe it's just continuing the momentum? It's wrong.


During Obamas presidency, the dow jones bottomed out around 7,062 points. At the beginning of November of 2010, which was about the same time into his presidency as 45 is now, it had rose to 11,215, a 58% rise in 21 months. It closed at 19,804 his last day in office, meaning he nearly tripled the dow jones. Since 45 took office, he's only been able to grow it 28%, far short of what Obama was able to accomplish in the same time period.


Now I want you to reread what you just posted. Barry inherited a bottomed out DOW at 7k. Logic says its a whole lot easier to significantly grow a weak economy than it is to significantly grow a strong one. Thats like a teacher inheriting a class that was brought from a D to a B average, boosting them up to an A, then being penalized because there wasnt as much growth as before.


I'm glad I didn't have to wait long to see how that would be spun.


You're the one spinning numbers to work in your favor. You're talking about a 4,000 point increase, assuming that the facts you listed are true. 4,000 points amounting to 58%. So impressive!

However Trump's 28%, as you claim, if we fairly look at the highest point the Dow has reached, it went up to 26,828, an increase of 7,000 points in 21 months.

So it's actually almost double the increase in terms of raw dollars, on top of the fact that it wasn't a bottomed-out economy. This combined with the fact that the Dow has closed at a new all-time high over 100 times in Trump's presidency should give you a clue of just how good he's doing.

Funny part is he knew that but wanted to try to spin the numbers in his own favor, hence using actual DJIA close numbers in reference to the growth during Obama, but only mentioning the comparative percentage amount for the growth during Trump.

I'll put this in a very simple format relevant to myself ok. I've been working at the same place for just over three years. When I started the starting wage there was $10 and didn't change for the first year and a half I worked. At that point the starting wage bumped up to $12, and then about six months later bumped up to $14.

An overall 40% increase in starting wages, at a non-critical and non-STEM workplace over the last year, with no relevant increase in housing or overall cost of living in the area. I mean, that means something yeah?
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Delirious_Beard
11/06/18 12:12:44 AM
#60:


TheKentster posted...
Dampproof posted...
U.S. soybean sales to China down 94% thanks to Trump trade war

https://www.axios.com/us-soybean-china-94-percent-trump-trade-war-7771075e-bfb5-4ef2-aae1-c51c5d64331c.html
https://www.nytimes.com/2018/11/05/business/soybeans-farmers-trade-war.html?action=click&module=Top%20Stories&pgtype=Homepage

The United States exported $26 billion in soybeans last year, and more than half went to China.


RIP Farmers.


Uh soy is a bad thing... People woke up to that so they stopped buying it. This is not negative news for farmers.


this!!!

soyboys btfo!
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bevan306
11/06/18 12:13:17 AM
#61:


the economy was in decline under obama. Trump saved the US economy. Thanks trump

kKdOvRg
hA7cCWn
1Ybz1gw
T4w6qRa
RRIpSG1
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bevan306
11/07/18 11:13:10 PM
#62:


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_TheBlueMonk
11/07/18 11:13:51 PM
#63:


A_Good_Boy posted...
When Clinton had a surplus?

yeah but his ema-- err

his uh..

his penis.
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