Edited...Obama market gain during terms HUGE compared to epic fail

[NRaleighLiberal]

Last edited Thu Mar 12, 2020, 12:45 PM - Edit history (1)

Roughly Jan 09 7060 to Jan 17 20800. wow.

Jan 17 20800 to today 21400...gain as small as his hands and brain.

so much winning. now we will add dying.

get him outtathere!!!!!

[Johnny2X2X]

1. You're not even close

Trump is at about +10% since he took office and -15% since his tax policies went into effect.

[NRaleighLiberal]

2. I looked at the dates and totals on the Yahoo Dow chart

[aaaaaa5a]

6. Exactly. Please see my post below

Since Trumps budget and economic policies have taken hold, the economy and market have slowed.

Trump and his policies had nothing to do with the growth in 2016-2017. He was just riding the Obama economic wave.

[NRaleighLiberal]

10. fixed!

[aaaaaa5a]

3. That's actually unfair to Obama

Obama took office in January 2009. His progressive, depression saving policies were not fully implemented at a part of the US economy until 2010. This is when his budget takes affect.

Likewise, Trump took office in January 2017. Trumps budget policies where not implemented until 2018.

The economy and stock growth from 2010 to 2017 belong to Obama. The economy and stock growth from 2018 to 2022 belong to Trump.

Furthermore 2008-09 belongs to Bush not Obama.

[NRaleighLiberal]

4. didn't do analysis, just looked at the numbers

thanks for the added details

[aaaaaa5a]

7. No problem. The nuance is irrelevant. Your point

Still stands. This needs to be discussed more. The economy grew at a much faster rate under Obama’s policies.

Excellent topic. Good thread.👍

[W_HAMILTON]

5. You would need to be looking at Jan 09 to Jan 17.

The stock market gains were better under Obama than Trump even before this recent collapse, so, there's virtually no chance that Obama is running neck-and-neck with Trump after these several thousand+ drop days.

Here is a simple site that I've been using that tracks the stock market performance of recent presidents: https://www.macrotrends.net/2481/stock-market-performance-by-president

At this point in his term, the stock market had increased 65.1% under Obama.

Under Trump, it has now increased just 9.0%.

[NRaleighLiberal]

8. yes, thx. will adjust my OP soon.

[NRaleighLiberal]

9. fixed!

[panader0]

11. The DJIA under Bush hit a high a little over 14,000,

and fell to about 6975 when Obama was sworn in. In January 2017, when asshole
was sworn in, the DJIA was about 19940, growth of about 13,000 points under
Obama. It is now 21,430, down from it's inflated highs. Under the asshole, the DJIA
has gained less, a growth of 1,490.
Obama had the ebola crisis and the H1N1 (swine flu) under his watch and the DJIA did
not freak out. The difference: the market knew they had a steady hand under Obama,
and zero confidence in the yam.