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panader0

(25,816 posts)
Sat Jul 18, 2020, 12:02 PM Jul 2020

Re: "The best economy in history."--trump

I've never believed that the DJIA was an accurate measure of the economy, but if it was let's
look at Obama vs trump. When Obama took over -- on March 9, 2008 the Dow was 6507, shortly after his
inauguration.
On Oct. 28, 2016 it was 18,161, an increase of 11,654.
The Dow closed at 26,672 on Friday, an increase of 8,511.
Obama inherited a recession and trump inherited a boom. Still Obama did better.
Of course, the covid virus brought the market down a bit from it's high, but even then, Obama's
increase was more. And trump owns the virus and the deaths since February or before.
Aside from the rich guy club of Wall Street, the economy is in terrible shape. The Dow seems not to care
about 45 or 50 million unemployed, they were never the big players anyway. It fluctuates to it's own beat.
The media needs to call out dump on this easily proven fact.

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Re: "The best economy in history."--trump (Original Post) panader0 Jul 2020 OP
You're cutting Pres. Obama short. The Dow was at 19,804.72... brush Jul 2020 #1
Thank you for the correction. panader0 Jul 2020 #2
One of Trump's signature lies. He's repeated thaqt BS too many times to count. OAITW r.2.0 Jul 2020 #3
+1000 smirkymonkey Jul 2020 #4

brush

(53,801 posts)
1. You're cutting Pres. Obama short. The Dow was at 19,804.72...
Sat Jul 18, 2020, 12:11 PM
Jul 2020

on Jan. 19, 2016. trump took over the next day.

panader0

(25,816 posts)
2. Thank you for the correction.
Sat Jul 18, 2020, 12:16 PM
Jul 2020

I'm so sick of hearing trump say the greatest BS.
In the real world, on Main Street, people are suffering badly. If the unemployment benefits
are not extended, the banks will own millions of homes and people will not only be
unemployed, but on the streets too.

OAITW r.2.0

(24,528 posts)
3. One of Trump's signature lies. He's repeated thaqt BS too many times to count.
Sat Jul 18, 2020, 01:01 PM
Jul 2020

But, the typical Trump voter's mind has accepted the programming of this lie as truth.

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