Eric trump once again proves he's the stupid brother. What's wrong with these numbers?

[George II]

Link to tweet

[leftieNanner]

1. Geez - he really is the stupidest one

out of a whole lot of stupid.

[Cha]

2. Both the trump bros are Stupid Treasonous Assholes.

[RainCaster]

3. 165,000 deaths, - 32.9% GDP, 40M unemployed

[Nevilledog]

4. And the rest of 2020 magically disappears.

[BaileyBill]

5. And Obama wasn't in office until 1/20/09, when

Dow was around 6000.

[George II]

7. Winner! Actually it was 8599 when Obama took office, and 19827 when he left.

[Beaverhausen]

15. And not one twitter response correcting him

Bunch of idiots

[George II]

6. Hint: he gives Obama bush's last pathetic year and his father Obama's booming last year.

Obama took office in January 2009 (not 2008) and daddy didn't take office until January 2017 (not 2016)

[forgotmylogin]

16. He's just counting gains.

The Trumps take great pride in announcing increases and completely leaving out losses.

If you backslide down the mountain 100 feet, a gain of 60 seems pretty impressive, but you're just trying to get back where you started from.

[panader0]

8. He's a year off. Fumb Duck!

[wcast]

9. It is probably deliberate and most will just accept without the "error" being pointed out.

That said, when Obama was elected on January 20 of 2009, the Dow closed at 7,949.09. On Obama's last full day in office, January 19, 2017, the Dow closed at 19,732.40. An increase of 11,783.31!!! In other words, outperforming Trump at the moment.

[George II]

11. I was off by a few points on either end, but you got the real numbers and the gist - Obama....

....was up about 230%, trump about 50%. And trump's first half year to full year was a continuation of Obama's policies.

Eric is basically an idiot.

[gratuitous]

10. Nitwit

Give Obama the last worst year of the Bush years, then grab the last year of the Obama years and claim it as your own. In case you're curious, here are the actual numbers:

January 20, 2009: 7,949.09
August 11, 2012: 13,207.95 (an increase of 66%)

January 20, 2017: 19,827.25 (note the addition 6,600 points during the remainder of Obama's term)
August 10, 2020: 27,791.44 (an increase of 40%)

[Disaffected]

12. Are the numbers

themselves wrong or the conclusion wrong?

The numbers themselves look m/l correct (although I haven't looked up the actual values). The tweet however fails to mention the major goosing the Trump admin has given the stock market via very low interest rates, major corporate tax cuts, tariff protection and Covid related giveaways which are likely not sustainable.

[George II]

13. The numbers he gave are "correct", but the dates are WAY off. He has both beginning a year....

...earlier than either actually started.

Bush's last year was atrocious (for which he credits Obama), Obama's last year was great (for which he attributes daddy)

[Disaffected]

18. OK, thanks

[ProfessorGAC]

14. Beginning Of March 2009, DJIA Was 7,200.

The close of the year, 2016 it was 19,800. 167% increase!
The 8th root of 2.67 is about 13.6%. Compounded annually!
The DJIA was slightly over 20.1k end of the week of Inauguration Day 2017.
It's now 27,800. About 6,700 in 3.5 years. Almost exactly 33%. That's easily under 9% per year. With the fed proppring up the indices.
That roughly 16.5k he uses happened about 10 months before daddy was POTUS.
So, <9% or 13.6%. Which is better Eric?
I don't think this was just stupidity. He lied, but was too stupid to know how easy it is to get the real numbers.
He's a liar & a moron.

[Midnight Writer]

17. He's not stupid. He is lying. People who believe him are stupid.

[lastlib]

19. Little Dumber Boy gives new meaning to "clueless".........

Look up the word "clueless" in the dictionary, and you'll find his mugshot.

"Cosmically stoopid" doesn't capture it. The nitwit gets outsmarted by root vegetables.