Replies: 18
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All-In [34092]
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Why isn't Trump saving the Dow?
Feb 8, 2018, 3:56 PM
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I mean, since he's the reason it was going up...
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All-In [48078]
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It would be down twice as much today if Trump......
Feb 8, 2018, 4:01 PM
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wasn't so awesome.
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Legend [15492]
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Not true!
Feb 8, 2018, 4:16 PM
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It would be down 5000 points were it not for the Dear Leader!
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All-In [48078]
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It's pretty clear we need a parade.*****
Feb 8, 2018, 4:30 PM
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110%er [5508]
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Re: It's pretty clear we need a parade.*****
Feb 10, 2018, 8:09 AM
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Oh no, they’re gonna celebrate the troop’s accomplishments...that’s terrible
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Scout Team [165]
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Re: It's pretty clear we need a parade.*****
Feb 14, 2018, 3:38 PM
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Even former members of the military think its a joke. It's only being discussed to stroke his ego. Nice waste of money when we have other things we should be working on.
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Legend [15730]
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Uh, I’m pretty sure watching the hugest most amazing
Feb 8, 2018, 6:18 PM
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drop we’ve ever seen with the Dow. You’re welcome.
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110%er [6101]
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Re: Uh, I’m pretty sure watching the hugest most amazing
Feb 8, 2018, 9:19 PM
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It dropped below 7000 in 08/09.
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Scout Team [165]
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Re: Uh, I’m pretty sure watching the hugest most amazing
Feb 9, 2018, 1:31 PM
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I remember that......W was president
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All-TigerNet [13605]
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Re: Uh, I’m pretty sure watching the hugest most amazing
Feb 9, 2018, 1:37 PM
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March 2009, Obama was president.
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1st Rounder [616]
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Re: Uh, I’m pretty sure watching the hugest most amazing
Feb 9, 2018, 10:46 PM
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Memphis Cat said 08/09. You said March 09.
I'll help you both out. BTW, I don't think presidents have much to do with stock markets. But for the sake of accuracy...
"The decline of 20% by mid-2008 was in tandem with other stock markets across the globe. On September 29, 2008, the DJIA had a record-breaking drop of 777.68 with a close at 10,365.45. The DJIA hit a market low of 6,443.27 on March 6, 2009, having lost over 54% of its value since the October 9, 2007 high."
Obama was inaugurated Jan 20th 2009 toward the end of the market collapse in the Great Recession. I know Trumpers and Obama haters will find some way to blame Obama for that low point, but seriously now. Is there any economic policy he could implement in 6 weeks that could have prevented the low point?
As I said, I don't think presidents have much control over markets, despite all the credit and blame we give them.
Perhaps the only thing a government could do to affect markets would be to be grossly incompetent or make bad decisions that screw things up several years down the road. Republicans and Democrats alike in the 90s passed the banking deregulations that sparked the housing bubble and contributed to the Great Recession.
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All-TigerNet [13605]
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Re: Uh, I’m pretty sure watching the hugest most amazing
Feb 10, 2018, 1:34 AM
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I know that.
I was talking specifically to the poster above who said "i remember that, W was president."
He was wrong.
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All-TigerNet [13605]
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Re: Uh, I’m pretty sure watching the hugest most amazing
Feb 10, 2018, 1:40 AM
[ in reply to Re: Uh, I’m pretty sure watching the hugest most amazing ] |
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Oh, I'm not a Trumper nor am i an Obama hater.
But, i will speak facts no matter which one those facts are "attacking."
Fact is Memphis said it dropped below 7,000 in 2008/2009. And the above poster said "i remember that, W was president."
I know Bush haters/Obama lovers want to skip over certain facts, but come on.
I don't recall saying it was Obama's fault, just pointed out that no, w wasn't President at the time.
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Hall of Famer [21614]
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He actually said the stock market was making a big mistake.
Feb 10, 2018, 7:50 PM
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I've never heard a president criticize the market before.
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All-In [48078]
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Stupid market.*****
Feb 10, 2018, 8:26 PM
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Oculus Spirit [82972]
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Hall of Famer [21614]
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Well that's the problem with people who can't speak.
Feb 12, 2018, 12:47 PM
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They have less control over the meaning of the sounds that come out of their mouths.
Cuz... what he said was that the stock market was making a mistake. I have no reason to think he meant something else that he did not say, because he seems like a delusional idiot to me, so that's what I'm going with.
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110%er [6101]
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All-In [47646]
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+253.04....Thanks, Donald!***
Feb 14, 2018, 4:24 PM
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Replies: 18
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