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Treasured Social Butterfly
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Re: The Economic Imbecile in the White House

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During the Obama Administration I posted as to why we didn't have tariffs like other countries had.

and now I have my answer. There are ways to impose tariffs that won'd hurt consumers and there are tariffs that will .

Is not that tariffs are bad is how they are done is what matters.

Of course the ones that don't care about any of this are the ones that tcouldn't care less hoe much they have to pay for an item.
Fortunately they are just a very small minority, the rest will hurt.

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Trusted Social Butterfly
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The Economic Imbecile in the White House

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Centrist, record debt and a global trade war prove Trump is an economic imbecile. He was nothing more than the beneficiary of the economic resurgence started by the Obama Presidency;.

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Valued Social Butterfly
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Re: The Economic Imbecile in the White House

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@CriticalThinking wrote:

The 3 largest drops in the DOW's history occurred under Trump.

 

2018 was a record-setting year for stocks, but it's one investors would rather forget.

  • The Dow fell 5.6%.
  • The S&P 500 was down 6.2% and
  • the Nasdaq fell 4%.
  • It was the worst year for stocks since 2008 and only the second year the Dow and S&P 500 fell in the past decade. 

Using facts and numbers thoroughly confuses Trump Cult members.


No confusion. The Dow was up again today. Did you send your "Thank you"??

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Trusted Social Butterfly
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The Economic Imbecile in the White House

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Message 4 of 123

The 3 largest drops in the DOW's history occurred under Trump.

 

2018 was a record-setting year for stocks, but it's one investors would rather forget.

  • The Dow fell 5.6%.
  • The S&P 500 was down 6.2% and
  • the Nasdaq fell 4%.
  • It was the worst year for stocks since 2008 and only the second year the Dow and S&P 500 fell in the past decade. 

Using facts and numbers thoroughly confuses Trump Cult members.

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Re: The Economic Imbecile in the White House

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@CriticalThinking wrote:

The DOW dropped another 660 points today! What did Trump call the December collapse of the stock market, a glitch? What will he call a potential January collapse?


It's up over 200 from then. Did you send your "Thank You" to the President?

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The Economic Imbecile in the White House

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From CNBC:

 

Soybean shipments offloaded in China this year are down about 37 percent from the first two weeks of 2018, according to tanker-tracking firm ClipperData. To be sure, a couple weeks of data represent a small sample size, but the drop is very concerning in light of market conditions and trade tensions, says Ken Smithmier, director of research for agricultural markets at ClipperData.

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The Economic Imbecile in the White House

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Message 7 of 123

The DOW dropped another 660 points today! What did Trump call the December collapse of the stock market, a glitch? What will he call a potential January collapse?

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The Economic Imbecile in the White House

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The Economic Imbecile in the White House said the huge collapse of the market in December was a "glitch". Of course his cult members will not hold his conduct or policies accountable.

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The Economic Imbecile in the White House

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Message 9 of 123

Earlier this morning, Gordy wrote, "Today, Monday, the market will be open only half a day. So far, down around 400 points."

 

It closed DOWN over 650 points, the worst Christmas Eve trading day ever!

 

But keep in mind that in Trump World, it's not his fault. Remember when they talked about the rising stock market every week? How come they never bring it up any more?

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Re: The Economic Imbecile in the White House

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The following was incredible. Last Friday marked the WORST WEEK for the STOCK MARKET since the 2008 global recession!

 

Today, Monday, the market will be open only half a day. So far, down around 400 points. It dipped under 22,000.

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