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Post by klawrencio79 on Jan 11, 2018 22:35:22 GMT
Honest question, is this country doing better now than when Trump was elected? If you say no, you are fooling yourself. How much of it has to do with Trump remains to be seen, but the economy is booming, the stock market is at record highs, and the unemployment is lower than ever. We got out of some terrible deals that were costing the US billions. ISIS is all but eliminated. We are getting a lot more back in taxes this year. Companies are coming back to the US. 2017 saw the lowest amount of illegal immigrants come to this country since it started being tracked. We finally got out of the dumb Paris Accords. I could go on and on. Trump might be a douche, but people who constantly scream disaster have no idea what they are talking about. Don't ever let anyone tell you that the rise in the stock market is because "Obama's fiscal year." Whether or not the economy as a whole is or isn't, is a legitimate (but much more complex than it's made out to be) argument.But the stock market gains are 100% because Trump is in office. Anyone who debates otherwise doesn't understand the stock market. As for me, I made about $40,000 last year in the stock market more than I normally would have. Thank you, Donald Trump! I work in the financial markets and understand perfectly well how the stock market works. The "Trump bump" happens every time a Republican is in office because Republican administrations typically result in reduced regulations and reduced costs of compliance. That said, you can deny Obama's fiscal year all you want, his administration's policies helped the stock market immeasurably year over year. It is possible that BOTH presidents can have a positive effect on the stock market. It's not a mutually exclusive thing. EDIT: The part that's bolded, though, you're dead on right about. The stock market is not an indicator of economic health, as a lot of people make it out to be. It's just so happens that we're in a time when both are doing well. |
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