Quote:
Originally Posted by Rochard
So I come with facts and stats and you can't argue? Outstanding.
Polls came out today about Trump's first year. He got a 36% approval rating. The only things he did well in was the economy and ISIS. Trump didn't do anything for either. He was handed an economy that was growing with low unemployment and that's what we have today. ISIS was pretty much defeated before Trump came to office.
We have never had such a piss poor President. Ever.
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You didn't come with facts. You said "By the time Obama left it was 25,000 and.... Right now it's at 26,000?"
And that's false. When Trump was elected the dow was at 17,888.28. When he was inaugurated on Jan 20th it was 19,827.25 Much of that run from 17-19k was Wall Street's reaction to TRUMP and his tax reform he planned to implement.
Apple just this week announced it will be adding 20,000 jobs, paying $38 billion in taxes on that overseas cash, investing $30 billion in U.S. facilities and paying a $2500 dollar bonus to all their employees. All thanks to Trump and his tax reform, allowing them to pay a minimal tax on their overseas cash hoard and bring it back home to the US. Yes Trump got that done.
Same thing with Visa. "
Tax reform prompts Visa to raise 401(k) match for employees; The company said it will increase its 401(k) contribution to 10 percent of base salary. In other words, an employee who earns $100,000 a year can set aside $5,000 and the company will contribute $10,000. Visa's longstanding policy has been to contribute $2 for every $1 an employee contributes. Employees can now contribute up to 5 percent of base pay, up from 3 percent.
These are just 2 companies I follow. Many other companies will do the or have done the same. Clearly you don't invest in the market and have no clue because if you did you would be well aware of this.
^^
Democrats need to find a way to stop denying the economic boom or risk blowing what's left of their 2018 midterm election advantage.