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Stampy

Joined: 2/1/04 Posts: 10289
Likes: 919


I saw you posted that the other day


and while it is certainly factual, Obama took office at almost the trough of the Great Recession, there was nowhere to go but up. In addition, the Dow rose about 1k (I know you referenced the S&P, but they move pretty much in step, and I'm too lazy to look up the S&P stats) from Trump's election to his inauguration, which was undoubtedly because of his tax plan.

I'm not going to knock the economy's (or the market's) performance under Obama, obviously it enjoyed a good run. But as I mentioned prior, Presidents tend to get too much credit (or blame) for this stuff anyway.

(In response to this post by MoBuffs)

Posted: 02/08/2018 at 10:01PM



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Current Thread:
 
  
No comments about today's down market?.... ** -- Gateway 02/08/2018 4:45PM
  Good for you! -- Stampy 02/08/2018 10:03PM
  True -- Stampy 02/08/2018 10:02PM
  How LOW will it go? ** -- buffdad 02/08/2018 9:59PM
  Posts from a few weeks ago by certain people -- Portland 02/08/2018 6:48PM
  I think GeorgiaBuff was BRAINWASHED. ** -- H.I. McDunnough 02/08/2018 6:56PM
  To be fair -- Stampy 02/08/2018 8:18PM
  The Dow is not a good indicator. -- Portland 02/09/2018 3:02PM
  It was the DELIGHT of the business world -- buffdad 02/08/2018 10:01PM
  Had less to do with either president -- buffdad 02/08/2018 10:03PM
  I agree completely with you..... -- MoBuffs 02/09/2018 11:26AM
  I saw you posted that the other day -- Stampy 02/08/2018 10:01PM
  Expansions and recessions are inevitable -- Stampy 02/08/2018 10:43PM
  Correction: Ryan's tax plan ** -- buffdad 02/08/2018 10:03PM
  Good point -- Stampy 02/08/2018 10:05PM
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