Stock market performance trumps vs Biden

[bgreene]

Trump always trying to act like we’re a “ disaster” without him and trying to scare Americans to vote for him…..

“In 2020, Trump famously predicted that “the stock market will crash” if Joe Biden became president. Biden did, and equity investors have since turned a handsome profit.”

Since Biden took office, the S&P 500 stock index has risen a healthy 40%, capped by a five-month rally that kicked off last October and is still underway.

At the same point in Trump’s presidential term, the S&P was up just 13%.

Meaning if you have an IRA, 401-K, or stock index funds you’re doing MUCH better in the market under BIDEN than during trumps 4 years.

And since you guys blame Biden for inflation ( wrongly) let’s see what spin and excuse you put on this .

[bgreene]

Oh yes and housing prices / values have SOARED under Biden.

Meaning you may be able to sell your home and live off the land for a much longer time

[RWilson2526]

Not a whole lot they can argue on this one but I'm still surprised someone didn't try.

So speaking of inflation it seems interest rates are on the way down as they were increased to a point to cool inflation but not long enough to move us into a recession. They call it a soft landing.

So the mastermind behind this is the fed chair Jerome Powell. Powell was nominated by Trump and renominated by Biden. So who gets the credit?

I'll give you a hint...neither...because the executive branch does not have the ability to move macro-ecomic trends

[Destroyer]

Not a whole lot they can argue on this one but I'm still surprised someone didn't try.

So speaking of inflation it seems interest rates are on the way down as they were increased to a point to cool inflation but not long enough to move us into a recession. They call it a soft landing.

So the mastermind behind this is the fed chair Jerome Powell. Powell was nominated by Trump and renominated by Biden. So who gets the credit?

I'll give you a hint...neither...because the executive branch does not have the ability to move macro-ecomic trends


Hmmm... Lets see..Under Biden/Harris inflation the following have increased:

Gasoline 46.6%
Fuel Oil 59.1%
Natural Gas 28.1%
Used Autos 26.4%
Beef 20%
Pork 14.1%
Bacon 15.4%
Chicken 8.8%
Eggs 11.6%
Milk 4.3%
Apples 6.7%
Coffee 4,7%
Baby Food 7.9%
Electricity 6.5%
The average house went from $300,000 to $400,000 IF you can find the money to buy one. Most banks are not lending without substancial deposits.
The average rent went from $1500 to $2500

Put another way, the average family is now spending over $2.000 a year MORE in day to day expenses than under Trump. So yes, there IS a lot to argue here. Did you get that kind of increase in your paycheck this year? I'm retired and I can tell you I sure as hell didn't.

And yes, interest rates have decreased from the 9% high that Biden caused. The current annual inflation rate in the United States is 2.9%, which is the lowest it's been since March 2021, but is still higher than when Biden and Harris took power. The inflation rate in the United States in 2019 was 1.81%. And in 2020 it was 1.2%, a 0.58% decrease from the 1.81% inflation rate in 2019.

.

[bgreene]

Blame one person for the global inflation after Covid .
Wrong as usual

[Destroyer]

Blame one person for the global inflation after Covid .
Wrong as usual

:haha: HAHAHAHAHA What a cop out answer. You can't duck the facts, so you try to blame others. Go away kid, you bother me. :you:

[bgreene]

:haha: HAHAHAHAHA What a cop out answer. You can't duck the facts, so you try to blame others. Go away kid, you bother me. :you:


Nope - Im not going anywhere old man
You go away far far away over the rainbow to negative land

[Destroyer]

Nope - Im not going anywhere old man
You go away far far away over the rainbow to negative land

Like I said, like always you duck the facts. Trying to tell us that the inflation that started the very day that Biden took office is because of Covid. Next you'll probably try to blame the worldwide Covid epidemic on Trump.

And another personal attack on me, calling me an old man. If I were you I'd be very careful Greene.

.

[RWilson2526]

Hmmm... Lets see..Under Biden/Harris inflation the following have increased:

Gasoline 46.6%
Fuel Oil 59.1%
Natural Gas 28.1%
Used Autos 26.4%
Beef 20%
Pork 14.1%
Bacon 15.4%
Chicken 8.8%
Eggs 11.6%
Milk 4.3%
Apples 6.7%
Coffee 4,7%
Baby Food 7.9%
Electricity 6.5%
The average house went from $300,000 to $400,000 IF you can find the money to buy one. Most banks are not lending without substancial deposits.
The average rent went from $1500 to $2500

Put another way, the average family is now spending over $2.000 a year MORE in day to day expenses than under Trump. So yes, there IS a lot to argue here. Did you get that kind of increase in your paycheck this year? I'm retired and I can tell you I sure as hell didn't.

And yes, interest rates have decreased from the 9% high that Biden caused. The current annual inflation rate in the United States is 2.9%, which is the lowest it's been since March 2021, but is still higher than when Biden and Harris took power. The inflation rate in the United States in 2019 was 1.81%. And in 2020 it was 1.2%, a 0.58% decrease from the 1.81% inflation rate in 2019.

.

Ok let's go that route....Trump gets credit for low inflation, and low gas prices in 2020 but the 10% unemployment rate was Covid's fault...
Come on Destroyer you're smart enough to know you cant pass off this spin
garbage on us.

[bgreene]

Ok let's go that route....Trump gets credit for low inflation, and low gas prices in 2020 but the 10% unemployment rate was Covid's fault...
Come on Destroyer you're smart enough to know you cant pass off this spin
garbage on us.

Wilson……not sure you’re aware of destroyers posts , as he claims LOTS of false information including but not limited to this:

Trumps election LIE and support for the violent insurrection attempt was 4 years ago so he deserves a pass now. A President that’s a traitor “ deserves a pass “. WRONG

[Destroyer]

Wilson……not sure you’re aware of destroyers posts , as he claims LOTS of false information including but not limited to this:

Trumps election LIE and support for the violent insurrection attempt was 4 years ago so he deserves a pass now. A President that’s a traitor “ deserves a pass “. WRONG

Greenthing, I respect RWilson. I don't respect you. As a matter of fact, he introduced me to WellcraftV20.com. Notice all my posts to him are civil, unlike my posts to you. My posts to you reflect the type of person you are. You're a liar, dishonest, sneaky, and a host of other things I could say but will refrain from in deference to other people on this site. Now please shut up and let the adults on this site talk.

[Destroyer]

Ok let's go that route....Trump gets credit for low inflation, and low gas prices in 2020 but the 10% unemployment rate was Covid's fault...
Come on Destroyer you're smart enough to know you cant pass off this spin
garbage on us.

It's not spin RW. Those percentage figures are facts. In fact I think some of them are too low. I agree with you that the 10% unemployment rate was Covids fault, but only if you'll give me some of the good employment figures that we see now, since a high percentage of those jobs are just refilling jobs lost during Covid. And although the Biden administration is claiming record unemployment, according to Polifact the current Black and Hispanic or Latino unemployment rate is similar to what it was under Trump before the pandemic.

Here's some more facts: Before Covid spread from China across the globe, President Trump helped America build its strongest economy in history. Median household incomes rose to their highest level ever in 2019, while the poverty rate hit an all-time low. Under the Trump Administration, more Americans were employed than ever before 160 million, and the unemployment rate fell to a 50-year low. The unemployment rates for African-Americans, Hispanic-Americans, and Americans without a high-school diploma all hit record lows, while the Trump "Blue-Collar Boom" saw wages grow faster for workers than for managers or supervisors. After Covid forced a temporary economic shutdown, President Trump signed the largest relief package in American history to protect workers and families from economic devastation. Under his leadership, the American economy came back to life within months, seeing record growth and job gains.

[bgreene]

Trump INHERITED the strong economy that OBAMA got going .

A President …..any President can be a victim of economic conditions.

But Trumps a lying, cheating, con man traitor so it’s nearly irrelevant

[Destroyer]

Trump INHERITED the strong economy that OBAMA got going .

A President …..any President can be a victim of economic conditions.

But Trumps a lying, cheating, con man traitor so it’s nearly irrelevant

Again,not true. Things were much better under Trump than under Obama.
Here's a list of just some of the things that Trump accomplished as President:

America gained 7 million new jobs—more than three times government experts’ projections
Middle-class family income increased nearly $6,000—more than five times the gains during the entire previous administration
The unemployment rate reached 3.5 percent, the lowest in a half-century
Achieved 40 months in a row with more job openings than job hirings
More Americans reported being employed than ever before—nearly 160 million
Jobless claims hit a nearly 50-year low
The number of people claiming unemployment insurance as a share of the population hit its lowest level on record
Incomes rose in every single metro area in the United States for the first time in nearly three decades
Delivered a future of greater promise and opportunity for citizens of all backgrounds
Unemployment rates for African Americans, Hispanic Americans, Asian Americans, Native Americans, veterans, individuals with disabilities, and those without a high school diploma all reached record lows
Unemployment for women hit its lowest rate in nearly 70 years
Nearly 7 million people were lifted off of food stamps
Poverty rates for African Americans and Hispanic Americans reached record lows
Income inequality fell for two straight years—and by the largest amount in over a decade
The bottom 50 percent of American households saw a 40 percent increase in net worth
Wages rose fastest for low-income and blue-collar workers—a 16 percent pay increase
African American homeownership increased from 41.7 percent to 46.4 percent
Brought jobs, factories, and industries back to the USA
Created more than 1.2 million manufacturing and construction jobs
Put in place policies to bring back supply chains from overseas
Small business optimism broke a 35-year-old record in 2018
Hit record stock market numbers and record 401ks
The DOW closed above 20,000 for the first time in 2017 and topped 30,000 in 2020
The S&P 500 and NASDAQ repeatedly notched record highs
During the third quarter of 2020, the economy grew at a rate of 33.1 percent—the most rapid GDP growth ever recorded
Since coronavirus lockdowns ended, the economy has added back over 12 million jobs, more than half the jobs lost
Jobs have been recovered 23 times faster than the previous administration’s recovery
Unemployment fell to 6.7 percent in November, from a pandemic peak of 14.7 percent in April—beating expectations of well over 10 percent unemployment through the end of 2020
The 8 percentage point decline in the unemployment rate from April to November is the largest seven-month reduction ever recorded
Under the previous administration, it took 49 months for the unemployment rate to fall from 10 percent to under 7 percent, compared to just 3 months for the Trump Administration
Since April, the Hispanic unemployment rate has fallen by 10.5 percent, Asian-American unemployment by 7.8 percent, and Black-American unemployment by 6.4 percent
80 percent of small businesses are now open, up from just 53 percent in April
Small business confidence hit a new high
Homebuilder confidence reached an all-time high, and home sales hit their highest reading since December 2006
Manufacturing optimism nearly doubled
Household net worth rose $7.4 trillion in Q2 2020 to $112 trillion, an all-time high
Home prices hit an all-time record high
The United States rejected crippling lockdowns that crush the economy and inflict countless public health harms and instead safely reopened its economy
Stabilized America’s financial markets with the establishment of a number of Treasury Department supported facilities at the Federal Reserve
Secured historic trade deals to defend American workers
Immediately withdrew from the job-killing Trans-Pacific Partnership (TPP)
Ended the North American Free Trade Agreement (NAFTA), and replaced it with the brand new United States-Mexico-Canada Agreement (USMCA)
The USMCA contains powerful new protections for American manufacturers, auto-makers, farmers, dairy producers, and workers
The USMCA is expected to generate over $68 billion in economic activity and potentially create over 550,000 new jobs over 10 years
Signed an executive order making it government policy to Buy American and Hire American, and took action to stop the outsourcing of jobs overseas
Negotiated with Japan to slash tariffs and open its market to $7 billion in American agricultural products while ending its ban on potatoes and lamb
Over 90 percent of American agricultural exports to Japan now receive preferential treatment, and most are duty-free
Negotiated another deal with Japan to boost $40 billion worth of digital trade
Renegotiated the United States-Korea Free Trade Agreement, doubling the cap on imports of American vehicles and extending the American light truck tariff
Reached a written, fully enforceable Phase One trade agreement with China on confronting pirated and counterfeit goods, as well as the protection of American ideas, trade secrets, patents, and trademarks
China agreed to purchase an additional $200 billion worth of United States exports and opened market access for over 4,000 American facilities to exports while all tariffs remained in effect
Achieved a mutual agreement with the European Union (EU) that addresses unfair trade practices and increases duty-free exports 180 percent to $420 million
Secured a pledge from the EU to eliminate tariffs on American lobster—the first United States-European Union negotiated tariff reduction in over 20 years
Scored a historic victory by overhauling the Universal Postal Union, whose outdated policies were undermining American workers and interests
Engaged extensively with trade partners like the EU and Japan to advance reforms to the World Trade Organization (WTO)
Issued a first-ever comprehensive report on the WTO Appellate Body’s failures to comply with WTO rules and interpret WTO agreements as written
Blocked nominees to the WTO’s Appellate Body until WTO Members recognize and address longstanding issues with Appellate Body activism
Submitted 5 papers to the WTO Committee on Agriculture to improve Members’ understanding of how trade policies are implemented, highlight areas for improved transparency, and encourage members to maintain up-to-date notifications on market access and domestic support
Took strong actions to confront unfair trade practices and put America First
Imposed tariffs on hundreds of billions worth of Chinese goods to protect American jobs and stop China’s abuses under Section 232 of the Trade Expansion Act of 1962 and Section 301 of the Trade Act of 1974
Directed an all-of-government effort to halt and punish efforts by the Communist Party of China to steal and profit from American innovations and intellectual property
Imposed tariffs on foreign aluminum and foreign steel to protect our vital industries and support our national security
Approved tariffs on $1.8 billion in imports of washing machines and $8.5 billion in imports of solar panels
Blocked illegal timber imports from Peru
Took action against France for its digital services tax that unfairly targets American technology companies
Launched investigations into digital services taxes that have been proposed or adopted by 10 other countries
Affordable and high quality Child Care for American workers and their families
Doubled the Child Tax Credit from $1,000 to $2,000 per child and expanded the eligibility for receiving the credit
Nearly 40 million families benefitted from the child tax credit (CTC), receiving an average benefit of $2,200, totaling credits of approximately $88 billion
Signed the largest-ever increase in Child Care and Development Block Grants—expanding access to quality, affordable child care for more than 800,000 low-income families
Secured an additional $3.5 billion in the Coronavirus Aid, Relief, and Economic Security (CARES) Act to help families and first responders with child care needs
Created the first-ever paid family leave tax credit for employees earning $72,000 or less
Signed into law 12-weeks of paid parental leave for Federal workers
Signed into law a provision that enables new parents to withdraw up to $5,000 from their retirement accounts without penalty when they give birth to or adopt a child
Advanced apprenticeship career pathways to good-paying jobs
Expanded apprenticeships to more than 850,000 workers and established the new Industry-Recognized Apprenticeship programs in new and emerging fields
Established the National Council for the American Worker and the American Workforce Policy Advisory Board
Over 450 companies have signed the Pledge to America’s Workers, committing to provide more than 16 million job and training opportunities
Signed an executive order that directs the Federal Government to replace outdated degree-based hiring with skills-based hiring
Advanced women’s economic empowerment
Included women’s empowerment for the first time in the President’s 2017 National Security Strategy
Signed into law key pieces of legislation, including the Women, Peace, and Security Act and the Women Entrepreneurship and Economic Empowerment Act
Launched the Women’s Global Development and Prosperity (W-GDP) Initiative—the first-ever whole-of-government approach to women’s economic empowerment that has reached 12 million women worldwide
Established an innovative new W-GDP Fund at USAID
Launched the Women Entrepreneurs Finance Initiative (We-Fi) with 13 other nations


Yes, that's all copy & pasted, but it's all also true. Look it up. No spin, just straight facts

[bgreene]

Next time copy the entire encyclopedia .

Trump lost in 2020, lied that he won, and supported the violent insurrection attempt at our Capitol.

All your big copy and pastes are irrelevant to the high crimes Trump committed against our nation.

Trump to prison 2024/25
Where he belongs.