Trump's stock rally far outpaces those of past presidents
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Whoops!
I don't think you read this part of the article you linked to:
Trump's third year is above average, but not the best of any past president. Just in 2013, former President Barack Obama's stock market returned more than 32%, as the economy bounced back from the Great Recession.
Yeah...Obama still beats him. LOL! share
Guess you didn't read where it bounced back from the Great Recession....the market had to bounce back at some point. If Trump was President then it would have bounced back 50%! As usual, you don't understand how the market works.
shareGuess you didn't understand Obama inherited a Great Recession, while T-rump inherited a recovered economy - thanks to Obama.
As usual, you don't understand how the market works.
So if Trump inherited a "recovered" economy, growth potential is limited, yet Trump is knocking it out of the park. Obama was set up for success, the economy was at rock bottom and nowhere to go but up.
shareSo if Trump inherited a "recovered" economy, growth potential is limited
So what you're saying is: that's why the economy slowed in 2018, and we had the worst December in the Stock Market since the Great Depression twelve months ago? That's why GDP is stuck at 1.9% - which Trump says means the economy is in deep trouble? share
What I'm saying if Trump was President when Obama did there would have been out of this world gains and growth because the economy was so low. The growth that aided Obama was in part caused by the natural resetting of the market cycle, highs and lows, growth and recession. We've all seen the growth that has gone on with Trump during his Presidency, just imagine if he took over when the market and economy was at rock bottom. Growth would have been YUUUUGEEEEE
shareLOL! Ok, skippy. Take another hit off the crack pipe.
shareExactly. The Dow has gone up about 10,000 points in the 3 years since Trump's election, which is about as much as it increased during Obama's entire presidency. And that wasn't off a recession bottom, where a bounceback is easy (especially in percentage terms following a big crash, where stocks are really undervalued and it's easier to grow percentage wise because the index is smaller in absolute terms), but on top of Obama's "recovery".
It was a sudden and dramatic improvement over what Democrats had wrongly claimed was the best the country could do.
Once again, let us point out that in Obama’s first years he saved the country from another Great Depression since he took office during the worst economic times since the Ice Age. He left office with a recovered healthy economy, and booming stock market. That’s what T-rump inherited.
T-rumptards always seem to forget that part of history.
The recession ended on its own right after Obama took office before any of his big policies went into effect. The US economy had always recovered on its own unless government was preventing it from doing so. Obama spent 8 years stomping on it with historically proven bad policies and caused an unprecedented stagnation that was finally ended by Trump.
That supposedly "booming" Dow only went up a grand total of 2,500 points over Obama's last 3 years, compared to 10,000(!) in the 3 years after Trump's election. But while the stock market and economy were stagnant there wasn't yet a new recession or crash to bounce back from.
So if things were supposedly going along so great under Obama why did they suddenly improve so dramatically after Trump was elected? That's something Democrats (and certainly bottom feeding morons like you) can't answer because it destroys your whole BS narrative.
"So if things were supposedly going along so great under Obama why did they suddenly improve so dramatically after Trump was elected?"
BIG GUBMINT SANTA!
https://taxfoundation.org/tax-freedom-day-2019/
Tax Freedom Day 2019: May 8
Tax Freedom Day 2017: May 6
Tax Freedom Day 1979: April 22
...
Consider that in 2007, after 5 years of Empire Building under Little Boots, Tax Freedom Day was May 1...
No, your own source says Tax Freedom Day falls on April 16 this year, and that, "Tax Freedom Day in 2018 and 2019 was five days earlier than it was in 2017, in large part due to the recent federal tax law, the Tax Cuts and Jobs Act."
You're taking deficit spending into account to get to the alternative date of May 8th, but if your Keynesian assumptions were correct then the economy would have been roaring during Obama's presidency. The debt inclusive Tax Freedom Day was May 17 in 2010, the year of the botched "Recovery Summer" when the administration predicted the failed trillion dollar porkulus boondoggle would create hundreds of thousands of jobs per month that summer only to see net job losses each month.
Math is hard.
40 years of "conservative government" gets us from April 22 in 1979 to May 8 in 2019.
Own it.
Who said we had "40 years of conservative government", LOL?
But even someone who struggles with math could hopefully understand that with Trump there's been a big change with massive deregulation and the tax structure that makes US business more competitive than it was during the very unconservative Obama presidency.