Posted on 01/22/2018 8:34:00 AM PST by davikkm
Democrats declare that Obama is responsible for the current economic growth we are witnessing. Republicans counter that President Trump’s pro-business actions over the last year are to credit for the current economic climate.
We hear the arguments from both sides of the aisle as to why their man and their party was to credit for the continued prolonged economic expansion including steady job growth and record high stock market prices.
Fortunately for President Trump, the professionals agree with his argument that he is most responsible for the recent economic gains. According to a Wall Street Journal poll asking 68 business, financial, and academic economists who was responsible for the strengthening of the economy, most “suggested Mr. Trump’s election deserves at least some credit” for the upturn. A solid majority agree that Trump is “somewhat” or “strongly” a positive force for job creation, GDP growth, and the rising stock market.
(Excerpt) Read more at investmentwatchblog.com ...
Must be the same people who said Hillary was gonna win....bigtime.
Just checked my 401k. Here are my return rates for the last few years:
2018 - Jan 2nd to Jan 19th (13 banking days): Up nearly 5% (!)
2017: 23%
2016: 13%
Something big clearly changed in 2017. I wonder what it was....? ;)
“Especially since the word was that the market would bottom out if Trump was elected.”
This was straight fearmongering. It wasn’t based on anything besides “If we say this it might cost Trump votes”.
That’s not what GMA was ballyhooing this AM.
It’s ALL due to Obammy, their god........................
Try the etf; MAGA.
How could it even be a serious question or debate?
That is perfect.
Democrats are liars... use to work too. THEY were the thugs with FBI files on everyone. But those days are over... FBI thugs going to jail...Hillary being treated like every other citizen.
The wheels are coming off...
Name one Obama policy that would have been responsible for the economy booming now. Tax cuts? Nope. Deregulation? Nope. Quantitative Easing? Nope. Beside, that was a Fed policy and not an Obama policy.
It’s called getting rid of a lot of Obama-era business regulations that hamstrung businesses in general. It may have ended up saving more retailers than people expect.
Better check your mix. We're up 10% for January, 33.5% for 2017. heheh wonder how that happened to be...actually just kidding, we've like 70% in stock funds and the market has been very kind since the election.
How racist.
Thanks - I moved a bunch into more aggressive stocks right after new years. I keep a small percentage in stable funds just because I don’t want to get totally caught as I did in 2008.
That said, since 2008 my 401k has gone up by 6x.
I think you may be right about the wheels coming off. There may be an underlying reason for the Dems caving on the shutdown. I have to believe there are investigations going on (Sessions has been very quite over the past year but there may be a very good reason for that). Maybe the senior Dems were shown some of the findings of ongoing investigations and the indictments that may be coming down just before the mid-terms.
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