|
|
|
|
|
|
|
|
|
Political Threads This section is for Political Threads - Enter at your own risk. If you say you don't want to see what someone posts - don't read it :hihi: |
01-11-2018, 02:14 PM
|
#1
|
Registered User
Join Date: Jul 2008
Posts: 20,429
|
Quote:
Originally Posted by Nebe
Kind of like what the republicans did with Obama ?
Posted from my iPhone/Mobile device
|
The Democrats got absolutely demolished in both of Obama's midterms. People like Obama personally (for reasons that escape me), but they don't like his policies.
Trump is helping the economy in broader ways. The stock market is up (which Obama also deserves credit for), but he didn't cut taxes. 80% of us might see a net pay increase thanks to Trump, and every single democrat in DC voted against it. They are, and should be, scared of that fact.
|
|
|
|
01-11-2018, 04:33 PM
|
#2
|
Registered User
Join Date: Jun 2012
Location: Somerset MA
Posts: 9,124
|
Quote:
Originally Posted by Jim in CT
The Democrats got absolutely demolished in both of Obama's midterms. People like Obama personally (for reasons that escape me), but they don't like his policies.
Trump is helping the economy in broader ways. The stock market is up (which Obama also deserves credit for), but he didn't cut taxes. 80% of us might see a net pay increase thanks to Trump, and every single democrat in DC voted against it. They are, and should be, scared of that fact.
|
the stock market is in fantasy land ... every one should be scared
|
|
|
|
01-12-2018, 12:02 AM
|
#3
|
Registered User
Join Date: Jul 2008
Posts: 20,429
|
Quote:
Originally Posted by wdmso
the stock market is in fantasy land ... every one should be scared
|
Did you say that when it went up under Obama? Would you have said that if Hilary had won? I don't know a single financial advisor telling clients to short the market, or to cash out and put money in cash. The consensus is that the market will increase again in 2018. But no on knows for sure...
Last edited by Jim in CT; 01-12-2018 at 12:10 AM..
|
|
|
|
01-12-2018, 05:19 AM
|
#4
|
Registered User
Join Date: Jun 2012
Location: Somerset MA
Posts: 9,124
|
Quote:
Originally Posted by Jim in CT
Did you say that when it went up under Obama? Would you have said that if Hilary had won? I don't know a single financial advisor telling clients to short the market, or to cash out and put money in cash. The consensus is that the market will increase again in 2018. But no on knows for sure...
|
your confusing a slow and steady under Obama ,,,with guns a blazing under Trump.... you think its sustainable ? I dont
Financial advisors get paid up or down they are not required to look out for the interest of their clients (some may) but its easy money now
Also when Obama was in office most conservatives said the stock market didn't count... now its all Trump has
|
|
|
|
01-12-2018, 02:55 PM
|
#5
|
Registered User
Join Date: Feb 2009
Posts: 7,688
|
Quote:
Originally Posted by wdmso
your confusing a slow and steady under Obama ,,,with guns a blazing under Trump.... you think its sustainable ? I dont
The rising stock market during Obama was fueled by government stimulus fiat money, not by growth in the economy. The QE stimulus money went into stocks rather than actual market growth because the market was so sluggish that there was more to gain from an inflated stock market than from an anemic business market.
Stock growth under Trump may actually be fueled by economic growth combined with an already bloated stock value.
Also when Obama was in office most conservatives said the stock market didn't count... now its all Trump has
|
I didn't care for the artificial growth of stock value under Obama, nor am I comfortable with its continuing and meteoric growth now even though some (maybe most) is due to an actual expanding economy. I suspect too much "value" is in inflated worth. We'll see how it eventually shakes out.
|
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
All times are GMT -5. The time now is 07:10 AM.
|
| |