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Subj: Re: Stock market comparison
Posted: Tue Feb 06, 2018 at 06:40:32 pm EST (Viewed 630 times)
Reply Subj: Re: What's bothering you about Trump?
Posted: Mon Feb 05, 2018 at 09:01:21 pm EST (Viewed 629 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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