trump Crashes the DOW

Not at all.

Obama reduced Black Unemployment from 16.8% in March 2010 to 7.8% by January 2017.

That's a 50%+ reduction.

Trump's reduced it from 7.8% to 6.6%, which is a 15% reduction.

How come Trump hasn't reduced it by 50%? Obama did.

well, for one thing he hasn't been a president for seven years yet.....
 
The law was just passed this year; are you really moron enough to believe the effects will be felt before one even files returns next year

The Russia Tax Cut has been in effect since January 1st. We were told by Trump, Kudlow, Ryan, and McConnell that people would see the effects in their paychecks by February at the latest.

So about when will we get that 4-5% growth you predicted? Or, do you just not have any idea and are relying on faith?
 
gentex stock went up 50% from 11/16 to 5/18.......that is not an unverified anecdote.......true, the fact I own it is unverified by anything except my statement but that doesn't make the 50% increase untrue......

What's unverified is that you own that stock. I think you're just saying you do because you want to make yourself look better on a message board.

Pathetic. Kill yourself.
 
gentex stock went up 50% from 11/16 to 5/18.......that is not an unverified anecdote.......true, the fact I own it is unverified by anything except my statement but that doesn't make the 50% increase untrue......

Dear Shithead,

I didn't say the stock growing 50% wasn't verified. What I said was unverified was you owning that stock. I contend that you only said you did because you wanted to lend your argument credibility it doesn't otherwise have, and you have done nothing to persuade me or anyone else otherwise.

Regards,

The Derp.

PS: Your mom.
 
The Democrats could have run Louis Farrakhan and I would have voted for him before I voted for any Republican/Conservative/Nazi whose policies caused the economic collapse, who didn't protect us on 9/11, and who quagmired us in the Middle East.

you go girl.....
 
Stop being a dishonest asshat; the claim was that unemployment wouldn't go above 8% with it's passage. But the unemployment rate never dropped below 8% until August of 2012.

So what? So he was wrong, but eventually the unemployment rate did get below 8% two years after the Stimulus, which was still in effect in 2012.

You guys predicted 4-5% growth from the Russia Tax Cut. Where's that scrutiny? Oh right, we need to give the Russia Tax Cut X amount of time to work.

Unlike Obama getting unemployment below 8%, you will never get growth that high.
 
Ah, so you're admitting that Obama did dramatically reduce black unemployment and Trump is riding his coattails.

Thanks.
hardly.....the fact is that black unemployment was extraordinarily high for the majority of Obama's presidency.......black voters recognized the fact they had nothing to lose and did not turn out to vote for Hilliary.......
 
hardly.....the fact is that black unemployment was extraordinarily high for the majority of Obama's presidency.

But you just acknowledged in the post before that Obama cut the black unemployment rate by more than 50% in eight years. So he did dramatically reduce unemployment and Trump is just riding his coattails.

Again, thanks.
 
Stimulus and good economic policy.

So now you're admitting that Obama did in fact add jobs and did in fact get the unemployment rate down.

No it wasn't good policy. Few economists would agree with that assessment. It was a fools paradise. If borrowing a trillion dollars was so good for the economy, why not borrow TWO trillion and make it grow even better; why not THREE trillion??

Because it is based on a lie. The notion that the Government can spend trillions it does not have to boost an economy in malaise ignores the FACT that the Government produces NOTHING; therefore, at some point the money has to be pulled OUT of the economy to pay for the spending.

The Obama years were marked by the lowest labor participation rates in several decades. Just looking at an unemployment rate is meaningless. The low point was 62.3 %.

Read and become informed:
Last month, I wrote in this space that so-called government stimulus plans are "economic quackery." Some of my readers disagreed, so this column is dedicated to explaining why government stimulus is bad economics and harmful policy. To do that, I'll examine both the historical record of government stimulus programs and the theoretical underpinnings of the doctrine.
https://www.forbes.com/sites/markhendrickson/2016/08/26/debunking-government-stimulus/#57c57a5c4554

Why Government Spending Is Bad for Our Economy
Though President Barack Obama has spent trillions of dollars, the U.S. economy is stagnant, fewer people are employed than when he became president, the percentage of people unemployed for over a year has doubled since then, the poverty rate is the worst in two decades, and more than 40 million Americans — a record — are on food stamps.

https://www.cato.org/publications/commentary/why-government-spending-is-bad-our-economy

What a lazy fucking fraud.

Yes, you most definitely are....along with uneducated, ignorant, a hack and just plain stupid.
 
But you just acknowledged in the post before that Obama cut the black unemployment rate by more than 50% in eight years. So he did dramatically reduce unemployment and Trump is just riding his coattails.

Again, thanks.
lol.....you have a vivid imagination......I acknowledged no such thing.......
 
Is that why she won by 3 million votes?

That Nazi is so fuckjng confused.

He can't celebrate Trump's black unemployment rate without admitting it was Obama that got him there.

He acknowledged that Obama cut the black unemployment rate by more than 50% after 8 years, which he knows means Trump is just riding on the work Obama did.

It's like Obama hit a triple, was lifted for pinch-runner Trump, who then pretends he's the one who hit the triple and it should show up in his stats.
 
And look at that! DJIA DOWN 250 points on the day.

So the DJIA is still down since the Russia Tax Cut took effect.

:lolup: Willful idiot thinks the Dow doesn't change daily with swings as much as 400 points a day BOTH ways. :rofl2:

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No it wasn't good policy.

Obama averaged 2.2% growth during his second term.

Q1 2018 GDP was 2.2%.

So that means that Trump's economic policy of the Russia Tax Cut wasn't good policy either.

See, if you guys had delivered on the promises made of your Russia Tax Cut, you could attack Obama.

But you can't, because your Russia Tax Cut is a massive failure.
 
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