Quote:
Originally Posted by kane
I'm not going to debate math. That said, I do love the qualifications. Somehow it's Obama's fault the stock market crashed in the year before he took office? Did he also start the Great Chicago Fire and crash the Titanic?
You can think whatever you want but I would say this. You love to rail against those you say have Trump Derangement Syndrome. You need to take a breath, look in the mirror, and realize that shit goes two ways.
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Well there's not much to debate. Your numbers were off. This is historical data you can look up. The Dow was at 19,827 at his inauguration or 18,332 at his election. So it's either up 31% or 41%. Your pick. Either one is a great return.
And I never said Obama had anything to do with the crash. That was GW's administration. But he did preside over the recovery. And if you ask any economist he will tell you it was a failure. These are quantifiable numbers here not conjecture. And on top of that, Obama implemented massive federal regulations and compliance issues that costs employers in the trillions of dollars (look it up yourself).
I voted for Obama in 08. If you go through my post history around that time i'm sure you find me praising him and slamming GW. I just think Obama was bad for business and even worse for race relations.