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General Discussion

Tommy Carcetti

(44,141 posts) Wed Dec 15, 2021, 11:24 AM Dec 2021

OFFS--This is the shit that gets passed around social media these days. [View all]

1. No, the economy does not equal the stock market, nor does the stock market equal the economy.
2. That said, even with the loss the Dow closed nearly 5,000 points higher than it ever did during Trump's presidency.
3. Also, a 139 point swing is pretty normal at today's stock market volumes.
4. So yes, it is "Joe Biden's economy." You're welcome.

33 replies

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Highlight:

OFFS--This is the shit that gets passed around social media these days. [View all] Tommy Carcetti Dec 2021 OP

The market is up 23% this year. dawg Dec 2021 #1

Meanwhile Fox hypocrites scream "Biden's Crises!1!!1!!!" . . . nt Bernardo de La Paz Dec 2021 #28

It is a "tell" as to just how stupid Chaffee considers his readers that he Atticus Dec 2021 #2

And yet that they did. Tommy Carcetti Dec 2021 #5

I don't think Repugs understand the effect their comments have on folks like me. CaptainTruth Dec 2021 #13

Thank You! THIS! 2Gingersnaps Dec 2021 #16

When I'm in similar situations KS Toronado Dec 2021 #19

YTD looks pretty good Pinback Dec 2021 #3

The world is awash with money constantly compounding jmbar2 Dec 2021 #4

Which is why financial literacy is critical to teach in schools JT45242 Dec 2021 #9

I wish I had learned this early in life jmbar2 Dec 2021 #12

When stocks are down, they're on sale. CaptainTruth Dec 2021 #15

I learned that later. jmbar2 Dec 2021 #27

The Worst Case Is... ProfessorGAC Dec 2021 #32

Sock Market and Housing Connection to Inflation modrepub Dec 2021 #6

Be careful WA-03 Democrat Dec 2021 #7

It's all of these reasons, which complicates things IronLionZion Dec 2021 #10

Your Point on Hiring Is Good modrepub Dec 2021 #26

There are record high job openings, low unemployment, and "labor shortage" IronLionZion Dec 2021 #8

Where are inthewind21 Dec 2021 #14

I just got the largest raise of my career IronLionZion Dec 2021 #20

If your employer hasn't raised your wages... W_HAMILTON Dec 2021 #22

Who cares what is posted on right wing sites? gab13by13 Dec 2021 #11

It is good to see this here because it gives everyone the ammo FSogol Dec 2021 #17

I have seen versions of this for my entire adult life: Orrex Dec 2021 #18

That's pretty tame compared to some of the stuff I've seen on r/HermanCainAwards. Initech Dec 2021 #21

Republicans are NOT economists. louis-t Dec 2021 #23

Fun facts onenote Dec 2021 #24

tfg always equated the stock market performance with the economy and it took over 3 years iluvtennis Dec 2021 #25

139 down is a small hiccup....it shows NOTHING about the economy.... ashredux Dec 2021 #29

And the Dow is up 383 today after the Fed announcement IronLionZion Dec 2021 #30

I've been out all day. What was the FED announcement? panader0 Dec 2021 #31

They'll start tapering next month IronLionZion Dec 2021 #33