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]

Originally Posted by 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

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]

Originally Posted by bgreene

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

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

[bgreene]

Originally Posted by Destroyer

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

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

[Destroyer]

Originally Posted by bgreene

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]

Originally Posted by Destroyer

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]

Originally Posted by RWilson2526

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