Dave Galanter
December 1st 1969 - December 12th 2020
He was loved.

Community >> View Post
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Post By
zvelf

Member Since: Sat May 17, 2008
In Reply To
Sumidor

Member Since: Sat Feb 25, 2017
Posts: 184
Subj: Re: Stock market comparison
Posted: Tue Feb 06, 2018 at 06:40:32 pm EST (Viewed 765 times)
Reply Subj: Re: What's bothering you about Trump?
Posted: Mon Feb 05, 2018 at 09:01:21 pm EST (Viewed 794 times)



    Quote:
    Yes, the stock market was increasing under Obama, but the *rate* of increase significantly increased once Trump was elected.


That's not accurate. Going by where the stock market went from the moment of Trump's election is disingenuous because he wouldn't even be in position to affect anything in office for another 2 1/3 months while Obama could affect things. Since Trump took office, the stock market has gone up 25.6%. In Obama's last full year in office, the stock market went up 23.8%. It's not that big a difference. And if you measure the same period during which Obama first took office from January 2009 to January 2010, the stock market rose 33%, an even higher rate than Trump's first year.





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