trump Crashes the DOW

The Derp said:
The Russia Tax Cut took effect January 1st, 2018.

Is the DJIA higher or lower today than it was on 1/1/18?
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Today 24,639

1/2/18 - 24,824 (FYI market wasn't open January 1st)

So what is the year to date now?

And where is that Patzy to say Trump is crashing the market when it is up over 200 today?
 
CFM said:
The market is 5000 higher than it was under the previous President
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But since the Russia tax cut, it's down. We were also promised that the Russia Tax Cut would create all this growth...in the 4-5% range, was what Kudlow was predicting.

Growth last quarter was 2.2%.

And it's not up 5,000 points, it's up 4,500 points. So you're lying by exaggeration.

Secondly, the 4,500 point increase is 23% growth overall. Over the same period of time, Obama grew the market by 28%. And if you start from when the market bottomed out, on 3/9/09, Obama grew it by 3,500 points and 58%.
 
CFM said:
If those 4 million were getting insurance due to taxes being placed on someone else for their subsidies, look at it as an opportunity for you to prove you care for them by purchasing it on their behalf.
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They were purchasing it on their own behalf. Removing the mandate made it unaffordable to them. So it's not even a question of subsidies, it's a question of the mandate being removed.

BTW - Trump promised everyone would have insurance. Another lie.


CFM said:
Black unemployment is at record lows during a white President's administration not the black President
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Actually, it is thanks to Obama.

Here's the chart. Looks like Trump's riding Obama's coattails there:

Chart.jpg
 
CFM said:
One would think that a black President would have done more for his own people rather than letting a white President have to do it.
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He did. As you can see in the chart, he took high unemployment (thanks mostly to your Bush Recession caused by your terrible policies), and reduced it significantly. That little sliver at the end there is Trump.

Chart.jpg
 
CFM said:
Since the white MAN took over, the DJIA has increased 5000 points over what it was when the black BOY left office.
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The Dow was already increasing under Obama.

Since the Russia Tax Cut:

GDP growth slowed by 0.7% to 2.2% (Same GDP growth during Obama's second term)
4 million people lost insurance
The DJIA is down 350 points, losing as much as 600 points
The deficit is back to nearly $1T

#winning?
 
The Derp said:
But since the Russia tax cut, it's down. We were also promised that the Russia Tax Cut would create all this growth...in the 4-5% range, was what Kudlow was predicting.

Growth last quarter was 2.2%.

And it's not up 5,000 points, it's up 4,500 points. So you're lying by exaggeration.

Secondly, the 4,500 point increase is 23% growth overall. Over the same period of time, Obama grew the market by 28%. And if you start from when the market bottomed out, on 3/9/09, Obama grew it by 3,500 points and 58%.
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Actually, it's up 328 points today to 24,690. 1/20/17 it was 19,732. That's 4,958 points. Your claim of 4,500 is lying by omission. It's been as high as 26,616 or just shy of 7000 higher than Obama under Trump.

At least you admit the market bottomed out under Obama.
 
Legion said:
There is no such thing as a "Russia Tax Cut", and that isn't what you claimed before, is it?
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I've always claimed that. The market was down 600 points at one point this year; it's now down about 350 points. But it's still down.

And the GOP and Trump are owned by Russia, therefore the tax cut is Russia.
 
Legion said:
Do you understand what year-to-date means?
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Do you? Year-to-date, the DOW is down 350 points. It dropped by as much as 600 points since the Russia Tax Cut took effect.


Legion said:
There are other inaccuracies in your statements. Yurt caught you lying.
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Nope. Wrong.


Legion said:
You're spouting things you don't understand. You make up terms, conflate concepts, fudge numbers and provide no verifiable corroboration.
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Classic projection here.
 
Yaya said:
You said year to date for both numbers, not at one time as you later claimed. When the market (DOW per your meaning) goes back up, what will you say?
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OK, so at one point after the Russia Tax Cut, the Dow was down 600 points. Since the Russia Tax Cut, the DOW is down 350 points year to date.
 
Yaya said:
Today 24,639 1/2/18 - 24,824 (FYI market wasn't open January 1st)
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OK, so?


Yaya said:
So what is the year to date now? And where is that Patzy to say Trump is crashing the market when it is up over 200 today?
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Up today, but still down for the year, right? That wasn't supposed to happen. According to Conservatives and Trump, the Russia Tax Cut was supposed to create growth in the 4-5% range, and the market was supposed to reach new highs. Neither are the case.

Growth for Q1 2018 was just 2.2%...the same as it was during Obama's second term.
 
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