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The Dow broke yet another record today. How is that affecting the mood of our leftist friends?
Isn't all this prosperity just pissing you guys off? How in the world can you get the people dependent on your big authoritarian government while the Republicans keep building up the economy and their wealth?
14 Answers
- regeruggedLv 71 year agoFavorite Answer
I notice the lack of comments from Democrats on the economy, jobs, the stock market, national security. They don't care about facts. Democrats just want power.
- Anonymous1 year ago
Under Obama I’d it went up they all praised him for their 401K. Now suddenly only the rich benefit?
- ndmagicmanLv 71 year ago
Prosperity for whom?
The stock market relates little to the average, everyday worker.
About 55% of the population has any financial interest in the stock market, and 40% of that only because they have a employer 401 or retirement fund which they do not have any control over the investments. That leaves about 20% who actively invest and have any direct interest in the stock market.
- Chewy Ivan 2Lv 71 year ago
Whoopie-die-doo. Rich people are getting richer. When will that prosperity actually "trickle down"?
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- Elwood BluesLv 71 year ago
I'm glad Trump kept Obama's good economy going. Under Obama, the DJIA grew 12.1% per year. Under Trump it's grown a YUGE AMAZING 12.38% per year. Given that Trump DOUBLED the yearly deficit to get that tiny increment of extra growth, color me unimpressed. Numerical details below the fold::
Jan 20 2009, Obama takes office, DJIA = 7949;
Jan 20 2017, Obama leaves office 19827;
up almost 150% over 8 years, or 12.1% per year
Jan 20 2017, Trump takes office 19827;
Nov 04 2019 Monday, DJIA = 27462 "triple peak"
Trump 1018 days in office = 2.789 years in office ;
DJIA growth = 12.38% per year
Remember when Trump promised "We're Going To See Economic Growth Of 4, 5 And Maybe 6 Percent!"Previous quarter annualized GDP growth 2%. Most recent quarter 1.9%. Those are actually lower than Obama's 2nd term. We're still waiting for Trump's promised 4% 5% 6%.
- StanLv 61 year ago
Concern for the crash that is coming.
The market is way over heated.
This could be a repeat of 2008.
- MercuriLv 71 year ago
Like a broken record you guys. "Look at the stock market! The stocks! Doesn't matter that the feds keep having to lower interest rates, manufacture ring jobs are floundering, farmers are struggling, and we're exploding the national debt because the Dow rose like 0.5 points!"
- Anonymous1 year ago
That's what happens right before it crashes.
Source(s): My financial advisor. - Anonymous1 year ago
Its great for my retirement.
Actually the DOW is down for the day. More alternate facts from the Trumpkins I guess.
- Anonymous1 year ago
I bet you wouldn't know how to invest if they asked you too!.
Keep cheering on the Rich's glory! Fool!