Current Events > American voters say Trump is responsible for the economy and market growth.

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Capn Circus
11/30/17 1:44:49 PM
#1:


I've made some good money under Trump so far.

http://www.cnn.com/2017/11/29/politics/trump-economy-poll/index.html
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Giant_Aspirin
11/30/17 1:47:19 PM
#2:


it's abhorrent how Trump can't even praise himself without shitting on the other side. he's a petulant man-child, to a T.
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AdviceMan
11/30/17 1:49:02 PM
#3:


"Still, partisan splits make a big difference. Among Republicans who say the economy is in good shape, they give the credit to Trump by a two-to-one margin. Among Democrats who believe the same, Obama has a six-to-one advantage."
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Capn Circus
11/30/17 1:50:35 PM
#4:


AdviceMan posted...
"Still, partisan splits make a big difference. Among Republicans who say the economy is in good shape, they give the credit to Trump by a two-to-one margin. Among Democrats who believe the same, Obama has a six-to-one advantage."


Don't worry, that will change. It's only year one and its clear more and more are giving him the credit he deserves
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tennisdude818
11/30/17 1:52:28 PM
#5:


Trump is going to regret taking credit for The Federal Reserves stock market bubble.
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Tmaster148
11/30/17 1:52:35 PM
#6:


Well if the GOP tax cuts do go through all economic recovery we've experienced due to Obama will go down the drain.

Best bet is if Trump does nothing and takes credit for things he didn't do.
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A_Good_Boy
11/30/17 1:53:14 PM
#7:


Oh, so now we believe in polls again.
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FigureOfSpeech
11/30/17 1:58:54 PM
#8:


I wonder what the impending market correction will show us.
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Cj_WlLL_VVlN
11/30/17 2:00:12 PM
#9:


American voters are not very bright.
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creativerealms
11/30/17 2:05:19 PM
#10:


Lol. They probably also believe that he is responsible for the low unemployment. The rate he is taking credit for now even though he said it was fake more then a year ago.
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hollow_shrine
11/30/17 2:08:47 PM
#11:


Is that what American voters say? Because there are millions of those. Of which, TC is one individual.

To read the posted article, opinions remain strongly divided along partisan lines.

Still, partisan splits make a big difference. Among Republicans who say the economy is in good shape, they give the credit to Trump by a two-to-one margin. Among Democrats who believe the same, Obama has a six-to-one advantage.


If our actual voting numbers are any indication, that's probably pretty close to a fifty-fifty split. So while the majority of people will agree things are getting better, who they're willing to credit for that is very much up in the air.
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cerealbox760
11/30/17 2:13:14 PM
#12:


Did conservatives start supporting Obama when the Dow Jones hit 10,000?
Did conservatives start supporting Obama when the Dow Jones hit 12,000?
15,000?
20,000?
The DJIA gained around 11,000 points during Barack Obama's presidency, and yet I don't recall anyone on the conservative side of the spectrum talking about the marvelous job he was doing with the economy. Mostly they accused the numbers of being inflated and faked.

So now that the shoe's on the other foot, a 1,000 point move is supposed to impress anyone?

What legislation can you point to that Trump has passed in the last 11 months that would help the economy? What regulations has he rolled back that put more money in the pockets of the middle class or help lift people out of poverty? That's not some feel-good goal for anyone with an economic agenda, it in all senses costs society more to keep people below the poverty line than above it, and once they're lifted out it only serves to further bolster the economy. So how has Trump done that again? Was it with the single Carrier plant he paid millions of taxpayer dollars to in order to keep jobs here, only to have them ship 800 of them to Mexico anyway after taking his money? Was it by appointing an FCC Commissioner that's just weeks away from overturning net neutrality and crippling every small business that relies on the internet? Was it by backing a tax plan that is going to overwhelmingly benefit corporations and the ultra-wealthy, leaving all but the richest among us paying more and earning less over the next decade?

Nothing Trump has done has moved the needle on the Dow Jones Industrial Average. Even assuming he could take full credit, 1,000 points in a year is still below Obama's average - and that's assuming Obama could do the same, and neither is true. The economy is much larger than the numbers put up by a small number of extremely wealthy corporations, and nothing Trump has coming down the pipe is going to be good for anyone not already sitting at the top.
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cerealbox760
11/30/17 2:16:09 PM
#13:


we are closing in on the 100th consecutive month of what will be known as the longest economic expansion in US history.

trump has been in office for 11 of those months. Calling this the Trump economy is a bit of a stretch
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TheAnthraxBunny
11/30/17 2:32:30 PM
#14:


American voters say Trump is responsible for the economy and market growth.

But it's also no surprise that a majority of voters don't think. There really isn't any reason for someone believe this other then "Trump has been in office for a while so I guess that means something?????".
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metralo
11/30/17 2:32:59 PM
#15:


american voters also voted for trump, so they're clearly not very intelligent
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hockeybub89
11/30/17 2:34:45 PM
#16:


I didn't know shitposting on Twitter and failing to pass things boosted economies
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#17
Post #17 was unavailable or deleted.
littlebro07
11/30/17 3:25:24 PM
#18:


cerealbox760 posted...
Did conservatives start supporting Obama when the Dow Jones hit 10,000?
Did conservatives start supporting Obama when the Dow Jones hit 12,000?
15,000?
20,000?
The DJIA gained around 11,000 points during Barack Obama's presidency, and yet I don't recall anyone on the conservative side of the spectrum talking about the marvelous job he was doing with the economy. Mostly they accused the numbers of being inflated and faked.

So now that the shoe's on the other foot, a 1,000 point move is supposed to impress anyone?

What legislation can you point to that Trump has passed in the last 11 months that would help the economy? What regulations has he rolled back that put more money in the pockets of the middle class or help lift people out of poverty? That's not some feel-good goal for anyone with an economic agenda, it in all senses costs society more to keep people below the poverty line than above it, and once they're lifted out it only serves to further bolster the economy. So how has Trump done that again? Was it with the single Carrier plant he paid millions of taxpayer dollars to in order to keep jobs here, only to have them ship 800 of them to Mexico anyway after taking his money? Was it by appointing an FCC Commissioner that's just weeks away from overturning net neutrality and crippling every small business that relies on the internet? Was it by backing a tax plan that is going to overwhelmingly benefit corporations and the ultra-wealthy, leaving all but the richest among us paying more and earning less over the next decade?

Nothing Trump has done has moved the needle on the Dow Jones Industrial Average. Even assuming he could take full credit, 1,000 points in a year is still below Obama's average - and that's assuming Obama could do the same, and neither is true. The economy is much larger than the numbers put up by a small number of extremely wealthy corporations, and nothing Trump has coming down the pipe is going to be good for anyone not already sitting at the top.


rekt
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sktgamer_13dude
11/30/17 3:25:26 PM
#19:


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Heineken14
11/30/17 3:28:06 PM
#20:


cerealbox760 posted...
Did conservatives start supporting Obama when the Dow Jones hit 10,000?
Did conservatives start supporting Obama when the Dow Jones hit 12,000?
15,000?
20,000?
The DJIA gained around 11,000 points during Barack Obama's presidency, and yet I don't recall anyone on the conservative side of the spectrum talking about the marvelous job he was doing with the economy. Mostly they accused the numbers of being inflated and faked.

So now that the shoe's on the other foot, a 1,000 point move is supposed to impress anyone?

What legislation can you point to that Trump has passed in the last 11 months that would help the economy? What regulations has he rolled back that put more money in the pockets of the middle class or help lift people out of poverty? That's not some feel-good goal for anyone with an economic agenda, it in all senses costs society more to keep people below the poverty line than above it, and once they're lifted out it only serves to further bolster the economy. So how has Trump done that again? Was it with the single Carrier plant he paid millions of taxpayer dollars to in order to keep jobs here, only to have them ship 800 of them to Mexico anyway after taking his money? Was it by appointing an FCC Commissioner that's just weeks away from overturning net neutrality and crippling every small business that relies on the internet? Was it by backing a tax plan that is going to overwhelmingly benefit corporations and the ultra-wealthy, leaving all but the richest among us paying more and earning less over the next decade?

Nothing Trump has done has moved the needle on the Dow Jones Industrial Average. Even assuming he could take full credit, 1,000 points in a year is still below Obama's average - and that's assuming Obama could do the same, and neither is true. The economy is much larger than the numbers put up by a small number of extremely wealthy corporations, and nothing Trump has coming down the pipe is going to be good for anyone not already sitting at the top.


Yeah, no, all those numbers back before then were fake numbers. They're real number now though!
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HypnoCoosh
11/30/17 3:29:24 PM
#21:


Trump could cure cancer and the left would still attack him.
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Heineken14
11/30/17 3:30:30 PM
#22:


HypnoCoosh posted...
Trump could cure cancer and the left would still attack him.


No, it's more like, Obama could have cured cancer and Donnie would have criticized him for putting doctors out of work and then when he is president take credit for curing cancer and cultists like you would praise Donnie for his amazing achievement in the medical field.
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HypnoCoosh
11/30/17 3:33:34 PM
#23:


Heineken14 posted...
HypnoCoosh posted...
Trump could cure cancer and the left would still attack him.


No, it's more like, Obama could have cured cancer and Donnie would have criticized him for putting doctors out of work and then when he is president take credit for curing cancer and cultists like you would praise Donnie for his amazing achievement in the medical field.


Ah I forgot obama did get the nobel peace prize just for being 1/2 black.

Also you're hypocisy is showing

i.e.

When someone says something about Hillary the left yells "but but but Hillary"

When someone says something about obama the left yells "thanks obama!!!"

and now you're like doing the exactly thing you ridicule?

So which way is it?
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Heineken14
11/30/17 3:38:22 PM
#24:


HypnoCoosh posted...
Heineken14 posted...
HypnoCoosh posted...
Trump could cure cancer and the left would still attack him.


No, it's more like, Obama could have cured cancer and Donnie would have criticized him for putting doctors out of work and then when he is president take credit for curing cancer and cultists like you would praise Donnie for his amazing achievement in the medical field.


Ah I forgot obama did get the nobel peace prize just for being 1/2 black.

Also you're hypocisy is showing

i.e.

When someone says something about Hillary the left yells "but but but Hillary"

When someone says something about obama the left yells "thanks obama!!!"

and now you're like doing the exactly thing you ridicule?

So which way is it?


I have no clue what you're trying to say, other than you disagree with my making fun of your stupid "point."
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davyheinz
11/30/17 3:38:58 PM
#25:


That isnt a But Obama moment. Hes just using Obama to talk about Donnie since his favorite pastime is to undo everything Obama does and then claim he did shit.
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HypnoCoosh
11/30/17 3:42:17 PM
#26:


Oh the irony.
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Heineken14
11/30/17 3:45:01 PM
#27:


HypnoCoosh posted...
Oh the irony.


I mean, yeah, I guess it is pretty ironic that you spent the last 8 years talking about how Obama is such a failure and he could never do anything right in your eyes but now that your cult leader is in charge those same failures are now great and you're crying that people aren't giving him the respect he totally deserves for those things.
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HypnoCoosh
11/30/17 3:48:29 PM
#28:


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Heineken14
11/30/17 3:58:46 PM
#29:


Record weeks of job growth and cutting an unemployment rate from nearly 10 to sustained low 4s in the span of 8 years... but no, it's all to the credit of the dude who has only been in office for not even a year.
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HypnoCoosh
11/30/17 4:00:10 PM
#30:


PBcRmsP
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Balrog0
11/30/17 4:01:31 PM
#31:


HypnoCoosh posted...
PBcRmsP


you realize this graph is going to be much worse under Trump even if he does nothing, but especially if he passes his tax bill, right?
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Balrog0
11/30/17 4:03:01 PM
#32:


like, the federal debt now is almost 21 trillion, about 2 trillion more than when Obama left office

that's less than obama grew the debt in 2009 at the trough of a recession!
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loafy013
11/30/17 4:05:50 PM
#33:


HypnoCoosh posted...
PBcRmsP

Wow, that also coincides with putting Cheney's war on the books finally, instead of pretending war in the middle east didn't cost the US a dime.
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Heineken14
11/30/17 4:10:00 PM
#34:


Balrog0 posted...
HypnoCoosh posted...
PBcRmsP


you realize this graph is going to be much worse under Trump even if he does nothing, but especially if he passes his tax bill, right?


Yeah, that alone will be another 1T on it's own. But I'm sure that will be ignored.
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metralo
11/30/17 4:19:19 PM
#35:


Heineken14 posted...
Balrog0 posted...
HypnoCoosh posted...
PBcRmsP


you realize this graph is going to be much worse under Trump even if he does nothing, but especially if he passes his tax bill, right?


Yeah, that alone will be another 1T on it's own. But I'm sure that will be ignored.


will totally be obama's fault

and so will all of the poor, elderly and middle class people paying more in taxes. also obamas fault
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Heineken14
11/30/17 4:20:07 PM
#36:


metralo posted...
Heineken14 posted...
Balrog0 posted...
HypnoCoosh posted...
PBcRmsP


you realize this graph is going to be much worse under Trump even if he does nothing, but especially if he passes his tax bill, right?


Yeah, that alone will be another 1T on it's own. But I'm sure that will be ignored.


will totally be obama's fault

and so will all of the poor, elderly and middle class people paying more in taxes. also obamas fault


See, it was only a matter of time before Obama's Death Panels killed all our grandparents!
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HypnoCoosh
11/30/17 4:21:36 PM
#37:


I know personal accountability isn't a concept you guys understand.

I'll explain.

If after Trumps presidency he continued the deficit and increased it. It's his fault.

This concept applies to all POTUS. Now I know this is a shocker for you and hard to understand but if you I'm sure you can find some coloring books if you need comfort.
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SK8T3R215
11/30/17 4:22:22 PM
#38:


LMAO at giving Obama or Trump credit for the economic growth.
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Heineken14
11/30/17 4:22:38 PM
#39:


HypnoCoosh posted...
I know personal accountability isn't a concept you guys understand.

I'll explain.

If after Trumps presidency he continued the deficit and increased it. It's his fault.

This concept applies to all POTUS. Now I know this is a shocker for you and hard to understand but if you I'm sure you can find some coloring books if you need comfort.


So does that include the market growth that continued after Obama's presidency?
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metralo
11/30/17 4:24:19 PM
#40:



If after Trumps presidency he continued the deficit and increased it. It's his fault.


so why has trump done literally nothing and yet the economy growing is because of him and not rollover from obama's plans? and why, when the economy tanks, the deficit gets higher, and taxes are raised through the roof, will this be be blamed on obama?
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HypnoCoosh
11/30/17 4:27:18 PM
#41:


Heineken14 posted...
So does that include the market growth that continued after Obama's presidency?


Possibly for sure.

But you say on one breath Trump is tearing apart everything obama did and say Trump hasn't done anything positive for the economy.

At some point it's a good idea to be non-partisan and realize politics really shouldn't be polarized.

I'm down with a fair handshake. Hell I voted for obama in 2008 and I didn't vote for Trump in 2016. I'm more unbiased the you think the problem with you is you are just leftist and have a polarized view.
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SnoozeLord
11/30/17 4:27:40 PM
#42:


Heineken14 posted...
metralo posted...
Heineken14 posted...
Balrog0 posted...
HypnoCoosh posted...
PBcRmsP


you realize this graph is going to be much worse under Trump even if he does nothing, but especially if he passes his tax bill, right?


Yeah, that alone will be another 1T on it's own. But I'm sure that will be ignored.


will totally be obama's fault

and so will all of the poor, elderly and middle class people paying more in taxes. also obamas fault


See, it was only a matter of time before Obama's Death Panels killed all our grandparents!

we realize Obama literally inherited what might as well be consumed the great depression as president right?

he literally single handedly saved athe US from utter financial collapse, the only only problem being he was an utter pushover for the fatcats
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metralo
11/30/17 4:29:36 PM
#43:


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#44
Post #44 was unavailable or deleted.
Antifar
11/30/17 4:38:46 PM
#45:


Worth noting that most Americans either don't own stocks or have very little invested

https://www.cnbc.com/2014/09/08/the-stock-gap-american-stock-holdings-at-18-year-low.html
The Federal Reserve Survey of Consumer Finance found that only 48.8 percent of Americans held stock either directly or indirectly in 2012, the latest period measured. That's the lowest level since 1995, when 40.5 percent of Americans held some form of stock. (Indirect ownership of stock includes stocks held in mutual funds, 401-K plans and other investment vehicles.)


https://medium.com/@MattBruenig/who-gains-from-dow-20-000-ba07555e5f12

The top 10% hold 86.8% of all the equity. The next 10% owns 9.5% of all the equity. The rest own little to none of the equity.

The definition of equity I use is explained here and includes directly-held stock, mutual funds, IRAs, and 401ks, among other ownership instruments.

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Balrog0
11/30/17 4:40:38 PM
#46:


HypnoCoosh posted...
I know personal accountability isn't a concept you guys understand.

I'll explain.

If after Trumps presidency he continued the deficit and increased it. It's his fault.

This concept applies to all POTUS. Now I know this is a shocker for you and hard to understand but if you I'm sure you can find some coloring books if you need comfort.


I'm just saying its a bad metric to use itt
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HypnoCoosh
11/30/17 4:49:51 PM
#47:


Balrog0 posted...
I'm just saying its a bad metric to use itt


Trumps an idiot. He talks way too much and when he does he says stupid shit.

But the left and the media constantly looking for stupid reasons to attack him just gets old.

We endure bad presidents pretty often. It's not all black and white there is a lot of gray.

I hate the polarization.
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FigureOfSpeech
11/30/17 4:57:02 PM
#48:


HypnoCoosh posted...
Trump could cure cancer and the left would still attack him.


Aw you little cutie pie. *ruffles your hair* I thought I had seen the last of that copypasta months and months ago! :P
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HiddenRoar
11/30/17 5:02:58 PM
#49:


metralo posted...


so why has trump done literally nothing and yet the economy growing is because of him


Promising/Proposing tax reforms is something.

Businesses that expect it's passage, which is expected to benefit them, will have their stock prices do better than news that isn't as positive.

A perfect example was Hillary Clinton tweeting about how, once she becomes president, biotech and pharms would be reigned in.
She didn't do anything except send a tweet, yet the markets reacted badly because of future prospects.
http://money.cnn.com/2015/09/21/investing/hillary-clinton-biotech-price-gouging/index.html

Sorry if you aren't familiar with how business works.

Antifar posted...
Worth noting that most Americans either don't own stocks or have very little invested


No surprise, most Americans don't have enough saved in the event of a sudden long-term (~6+ month) emergency were to happen. Those that are minded enough to have a retirement plan are benefiting though, so whatever.
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Balrog0
11/30/17 5:07:54 PM
#50:


HypnoCoosh posted...
Balrog0 posted...
I'm just saying its a bad metric to use itt


Trumps an idiot. He talks way too much and when he does he says stupid shit.

But the left and the media constantly looking for stupid reasons to attack him just gets old.

We endure bad presidents pretty often. It's not all black and white there is a lot of gray.

I hate the polarization.


I don't think that I complain about or demonize Trump very often if at all but I see what yer sayin
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