Thread: Dow at 26031
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Old 02-23-2019, 05:11 PM  
kane
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Join Date: Aug 2001
Location: portland, OR
Posts: 20,684
Quote:
Originally Posted by OneHungLo View Post
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.
One last math thing

Trump on his inauguration day 19,827
Trump on Jan 22, 2019 25,607
Change = 33%

Obama on his inauguration day 7,550
Obama on Jan 20, 2011 11,823
Change = 37%
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