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Yo_Mama_Been_Loggin

(108,273 posts)
Mon Feb 5, 2018, 10:08 PM Feb 2018

White House says economic fundamentals 'strong'

The White House is responding to Monday's stock market beating by saying President Donald Trump is focused on "long-term economic fundamentals, which remain exceptionally strong."

Spokeswoman Sarah Huckabee Sanders says those fundamentals include stronger U.S. economic growth, historically low unemployment and increasing wages for workers.

She adds that tax cuts Trump recently signed into law and his focus on eliminating regulations will further enhance the economy and continue to increase prosperity for the American people.

The Dow Jones industrial average plunged more than 1,100 points Monday as stocks suffered their worst loss in six-and-a-half years.

https://www.msn.com/en-us/news/politics/white-house-says-economic-fundamentals-strong/ar-BBIKerb?li=BBnb7Kz&ocid=edgsp

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White House says economic fundamentals 'strong' (Original Post) Yo_Mama_Been_Loggin Feb 2018 OP
I'm having a flashback. Wasn't that exactly what McCain said in 2008? Drunken Irishman Feb 2018 #1
I thought it was W but I think you're right crazycatlady Feb 2018 #2
Yep, good indicator to sit in cash right now uponit7771 Feb 2018 #3
Literally the day before the market began to crash, as I recall. Mariana Feb 2018 #5
i'm totally assured ....yes i am...really. honest. spanone Feb 2018 #4
 

Drunken Irishman

(34,857 posts)
1. I'm having a flashback. Wasn't that exactly what McCain said in 2008?
Mon Feb 5, 2018, 10:54 PM
Feb 2018

You know, right before the financial crisis?

Mariana

(14,861 posts)
5. Literally the day before the market began to crash, as I recall.
Tue Feb 6, 2018, 12:23 AM
Feb 2018

I've always thought that if he hadn't said that when he did, he might have won.

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