General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHere is a nice graph that shows how IQ45's claims that the economy is "best ever" is false
He is full of shit when he speaks about the economy too.
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https://www.marketwatch.com/story/heres-president-trumps-stock-market-scorecard-after-2-years-in-office-2019-01-22
President Donald Trump has often taken credit for how well stocks do, inadvertently turning equities into a proxy report card for his presidency. But as Trump begins his third year in office, the stock market is sending mixed signals on some of his signature policies, including a protracted trade war with China.
Jan. 20 marked two full years since the real estate mogul and the reality TV star was sworn in as president. In that time, stocks have rallied to records, making him among the most successful Republican presidents when judged by market gains. In fact, the Nasdaq soared 29% since January 2017, marking the tech-centric indexs best rally under a Republican president, according to Dow Jones Market Data.
mahatmakanejeeves
(57,642 posts)If you look at one datum for a brief period of time, you can make the charts show whatever you want.
The timeline for Trump was January 20, 2018 to January 20, 2019.
Also from the article:
Second year in office (-5.24%):
5th worst percentage loss for a Republican president (out of 17)
9th worst percentage loss for any president (out of 31)
The worst second year in office (regardless of term) for a president since Bush from 2002 - 2003
First two years (+25.21%):
6th best percentage gain for a Republican president (out of 17)
11th best percentage gain for any president (out of 31)
The best first two years in office (regardless of term) for a Republican president since Reagan from 1985 - 1987
The best first two years in office (regardless of term) for a president since Obama from 2013 - 2015
S&P 500
Second year in office (-4.97%):
4th worst percentage loss for a Republican president (out of 11)
8th worst percentage loss for any president (out of 23)
The worst second year in office (regardless of term) for a president since Bush from 2002-2003
First two years (+17.98%):
5th best percentage gain for a Republican president (out of 11)
10th best percentage gain for any president (out of 23)
The best first two years in office (regardless of term) for a Republican president since Bush from 2005 - 2007
The best first two years in office (regardless of term) for a president since Obama from 2013 - 2015
Nasdaq
Second year in office (-2.44%):
4th worst percentage loss for a Republican president (out of 7)
5th worst percentage loss for any president (out of 12)
The worst second year in office (regardless of term) for a president since Bush from 2002-2003
First two years (+29.19%):
2nd best percentage gain for a Republican president (out of 7)
5th best percentage gain for any president (out of 12)
The best first two years in office (regardless of term) for a Republican president since Reagan from 1985 - 1987
The best first two years in office (of a first term) for a Republican president on record
The best first two years in office (regardless of term) for a president since Obama from 2013 - 2015
Maraya1969
(22,506 posts)Everything I wanted to. Thank you for your post.
mahatmakanejeeves
(57,642 posts)I've given up trying to post from a tablet. It's a nightmare.