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Reply to "Trump 47 Economy"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][twitter]https://x.com/crampell/status/1934780471457567122?s=46&t=kf1qYlCXQnKgUhJWEIu2vg[/twitter][/quote] Unfortunately MAGA is determined to destroy the United States. [/quote] This has been going on for better than a decade. Sorry, no. Endless money creation is diluting the dollar. Don't think democrats are in any way blame-free from that. [/quote] Trump and W, two recent GOP presidents, are responsible for 58% of the debt, and growing. When the Dems "print money" they are investing in the US - education, infrastructure, soft power abroad. These are dollars that cycle through the economy. When the GOP "prints money" it is being horded by the 1% - it doesn't create jobs, it doesn't boost GDP, all it does is generate more wealth for the 1%. There is a difference. One side grows the economic base of the country, the other shrinks it, while also creating massive wealth disparities that are unsustainable.[/quote] My net worth grew by a significantly larger percentage under Trump than it did under Biden.[/quote] I’m certain you’re just making this up in ongoing deference to the moron messiah…but if you’re not, can you explain how? If your net worth did not explode under Biden, that’s personal financial incompetence. [/quote] How much did the Dow rise during Trump 1.0? How much did the Dow rise during Biden? Do the math. If you only had a 401k you still did better under Trump. There were fortunes to be made if you successfully hedged against “flattening the curve” because you knew that wasn’t going to work. When Apple announced in January 2020 that they were closing China plants intelligent people saw the writing on the wall. [/quote] If only Americans can buy the dip, Trump is better! This is your answer? What a putz. Ok, Marie Antoinette! [/quote] Why didn’t you look at the starting point and end point of the Dow during Trump’s first term and Biden’s? Why didn’t you disregard the 401k balances of everyday Americans? You ignored these things because you know the result will confirm that those everyday Americans did better under Trump. It’s not a political thing, it’s a math thing.[/quote] The focus on the Dow is so odd. Regardless, the stock market and SP are way up under both administrations (and for Biden, this was despite having to deal with the post-COVID economic landscape that impacted most of the world). Anyway, the fiscal and monetary policies of Trump 2.0 do not reflect those of Trump 1.0, hence the fear from his own supporters from the business community. I would not expect a repeat performance here. [/quote] I did it for you. The Dow grew 56% under Trump. The Dow grew 40% under Biden. Both my 401k and investments outperformed the Dow under both.[/quote]
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