Thread: 2018 PS Wag
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Old 10-17-2018 | 06:47 PM
  #34  
Grumble
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Joined: Nov 2009
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Originally Posted by guppie
hahahahaha. The DOW went up 200% under Obama from March '09 to year end 2016. My Bfund Quadrupled. I became an Obamanaire. The merger, the record contract $$$, and a 10% unemployment rate went to 4.5%.....all on Obama's watch (but hey, unemployment fell another small % under Trump). We can now watch oil climb, the deficit balloon (tax cut), and our PS check shrink. ENJOY brother. Winning.
That’s great for you... average median income for middle America went down on his watch over the same period of time and GDP growth over the same 8 years was one of the worst for any president ever. Markets went up because companies were parking cash, zero economic growth. You wanna talk debt and deficit spending? What did that do? Never mind that he campaigned on the platform of deficit spending and debt being a huge threat to national security issue. As was mentioned, anyone can look like an investing rock star when the market is in the ditches.