It's the Economy Stoopid

[Anonymous]

[Anonymous]

American and Delta.

So Texas, Florida, and Georgia.

Angry people vote.

[Anonymous]

There are a few others that I know about that will bring it closer to 80,000.

[Anonymous]

Anonymous wrote:

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Anonymous wrote:Tell you what = I will take the risk that the stock market might go down for the hope that we get a president who actually gives a fck about doing the job

This is the problem with Democrats. They don't care if the economy tanks, as long as they get power. Unfortunately for them, the rest of America does care about the economy, hence the title of this thread.

You understand that the stock market does not actually represent the economy, right? You understand that many of us would accept the market going down for a bit more equality across the board. Nah, you don’t understand. You just really want to believe you have been right in supporting Donald Trump, even though you know in your heart he’s a terrible person, you’ve been able to convince yourself it’s all worth it for the stock market!

Well it’s not. He screwed the already shaky economy by not taking covid seriously, and here we are.

So sell your 401(k) and give your money to those who need it more. You don't speak for most Americans. We earned that money and invested wisely. Again, the fact that you would trade the stock market for a vague notion of "equality" demonstrates you have no idea about economics. A strong stock market means that companies are doing well, which in turn hire people to work, who in turn pay taxes. It's not hard.

Most Americans don’t have any investments in Wall Street, 401K or otherwise. They’re the majority, and they are suffering. The economy has been terrible for them. Trump has been great for Billionaires.

If you are employed, you are connected to the stock market in enumerable ways. For example, unions invest in the stock market to pay pensions. Trump presided over an economy that had the lowest unemployment rate in history, and notably the lowest one for blacks and latinos. Seems like they were benefiting pretty well from the Trump economy. They might be suffering now because of Covid-19, and you can try to blame that on Trump, but I have no doubt that the economy will come back after Covid-19. That said, if Biden wins and the economy comes back, you'll give him 100% of the credit.

Slaves also never had to worry about their jobs. Full employment as a slave is not something to celebrate.

[Anonymous]

The stock market closed this month with the highest percentage increase since 1984. Guess who was re-elected in Novemeber 1984 in a landslide with only one state going for Mondale.

[Anonymous]

Anonymous wrote:The stock market closed this month with the highest percentage increase since 1984. Guess who was re-elected in Novemeber 1984 in a landslide with only one state going for Mondale.

Seriously. Well look at the incredible exuberance all across this great country. Whose life has ever been better than now? It's the happiest time! Who wouldn't want four more years of this.

[Anonymous]

CBO projects annual federal deficit to hit $3.3 trillion in 2020, more than triple 2019 federal deficit.

[Anonymous]

Anonymous wrote:The stock market closed this month with the highest percentage increase since 1984. Guess who was re-elected in Novemeber 1984 in a landslide with only one state going for Mondale.

October is coming.

[Anonymous]

Anonymous wrote:The stock market closed this month with the highest percentage increase since 1984. Guess who was re-elected in Novemeber 1984 in a landslide with only one state going for Mondale.

Huh. I guess I don’t think the economy presents such a glowing picture of health.

[Anonymous]

Anonymous wrote:

Anonymous wrote:The stock market closed this month with the highest percentage increase since 1984. Guess who was re-elected in Novemeber 1984 in a landslide with only one state going for Mondale.

October is coming.

For the non-financial people among us, this means...?

[Anonymous]

Three different Fed governors came out with warnings today.

the market does not equal the economy

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The stock market closed this month with the highest percentage increase since 1984. Guess who was re-elected in Novemeber 1984 in a landslide with only one state going for Mondale.

October is coming.

For the non-financial people among us, this means...?

Biggest crashes happen in October's.

[Anonymous]

Anonymous wrote:The stock market closed this month with the highest percentage increase since 1984. Guess who was re-elected in Novemeber 1984 in a landslide with only one state going for Mondale.

Incumbents do well when they're not stupid psychos.

What is different this year?

[Anonymous]

Anonymous wrote:The stock market closed this month with the highest percentage increase since 1984. Guess who was re-elected in Novemeber 1984 in a landslide with only one state going for Mondale.

As has been reported, the S&P 500 increase is due to large gains for Apple, Amazon, Google, Microsoft, Netflix, and Facebook that have offset a net loss for the rest of the index. So the economy as a whole has not recovered, only the big tech companies have cashed in.

Also, the market indexes show increases in recent months because the market plummeted in the panic earlier in the year. The S&P 500 lost one-third of its value in Feb-March and since then has spent 5 months getting back to where it was.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The stock market closed this month with the highest percentage increase since 1984. Guess who was re-elected in Novemeber 1984 in a landslide with only one state going for Mondale.

October is coming.

For the non-financial people among us, this means...?

Biggest crashes happen in October's.

Thank you.