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Sooooo tired of his brand of winning

Sooooo tired of his brand of winning | MY STOCK MARKET IS AVERAGING  5.1% A YEAR; WAY UNDER THE LONG TERM HISTORICAL AVERAGE BUT MY SUPPORTERS DON'T CARE | image tagged in wonka trump | made w/ Imgflip meme maker
281 views 4 upvotes Made by anonymous 5 years ago in politics
Wonka Trump memeCaption this Meme
12 Comments
[deleted]
0 ups, 5y,
1 reply
Who knew that it was never about the stock market in the first place? (Everybody. Everybody knew.)
[deleted]
1 up, 5y,
1 reply
ummmmm when you realize the stock market is a reflection of the economy you will understand but since you are a proud trumper your chances of understanding are severely limited
[deleted]
2 ups, 5y,
3 replies
...you think I'm a Trumper???? We've been on the same side for years. Friendly fire! Friendly fire!
[deleted]
2 ups, 5y
he did the same thing to me before
[deleted]
0 ups, 5y,
1 reply
ok.

I am not an ideologue I study the data and vote for the party that has the best economic platform AND results.
[deleted]
0 ups, 5y,
1 reply
Sure. But stocks are and have always been a 1% thing. Calling it a reflection of the economy is basically Austrian supply-side economics, especially when the number of employers offering 401k schemes as benefits has been shrinking for 30 years.

In the entire time I've been an adult, a good day in the stock market didn't result in a wooden nickel's worth of more food on my table.

Speaking for most people I know, our complaint about the economy wasn't that the stock market wasn't high enough - it was that having a full-time job wasn't paying for housing, healthcare, education, and food.

Talking about the jobless rate is fair enough because that's important too, but the stock market was always the wrong metric by which to measure any presidency, blue or red, because if anything, it's too easy to artificially inflate the shareholder value exactly by sucking the value out of your employees' paychecks.
[deleted]
0 ups, 5y,
1 reply
Can you imagine what the stock market would be without 45's 1.5T corporate tax cut which fueled massive buybacks?

The stock market affects everything, the economy, unemployment rates etc EVEN for those with no stocks.

The ones that gloat when the stock market crashes thinking they aren't affected are sadly mistaken.
[deleted]
0 ups, 5y,
1 reply
See, that's exactly it: it SHOULD be the other way around. The economy, unemployment rates, etc should affect the value on which the stock market is based. If the stock market goes up BECAUSE we're better off, THAT'S healthy. If a CEO pumps up his shareholder value while adding no value to his company then taking a golden parachute before having to account for his actions, that's not good for the economy - that's a bubble waiting to crash! And I don't know why you think that's gloating - nobody wants these crashes!
[deleted]
0 ups, 5y
Chicken and egg thing.

The business owners are most likely in the stock market, big time so when their net worth even if just paper gains are hit they aren't likely to have a positive outlook and a negative outlook doesn't induce hiring and plowing money back into their business.
[deleted]
0 ups, 5y,
1 reply
for a complete list of all of 45's "achomlishments" go to www.whytrumpisgreat.com
[deleted]
0 ups, 5y,
1 reply
You're not understanding me at all: I'm not defending the man and never would. I'm saying Trump fans were wrong to masturbate over the stock market figures for him in the first place - as you can tell by the fact that they never cheared when the stock market went up under Obama, and the fact that they're making nothing but excuses now.

Am I clear? Not a Trump fan. Hate him. I'm calling them idiots just like you are.
[deleted]
0 ups, 5y
hey I just gave a link that I thought you might enjoy and pass on to others.
I believed you when you first stated you weren't a trumper.
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MY STOCK MARKET IS AVERAGING 5.1% A YEAR; WAY UNDER THE LONG TERM HISTORICAL AVERAGE BUT MY SUPPORTERS DON'T CARE