Dow dropped 1,175 points yesterday. Trump didn't take credit this time unlike when it went up. - DebateIsland Development Environment The Best Online Debate Website | DebateIsland.com
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Dow dropped 1,175 points yesterday. Trump didn't take credit this time unlike when it went up.
in United States

By PoguePogue 554 Pts
Dow dropped 1,175 points yesterday. Trump didn't take credit this time unlike when it went up. Thoughts
joecavalry
I could either have the future pass me or l could create it. 

“We are all born ignorant, but one must work hard to remain stupid.” - Benjamin Franklin  So flat Earthers, man-made climate change deniers, and just science deniers.

I friended myself! 


Arguments

  • CYDdhartaCYDdharta Premium Member 1086 Pts
    LOL, this thread didn't even last long enough to make comments;

    Dow Swings 1,000 Points, Finishes More Than 2% Higher

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  • islander507islander507 191 Pts
    The market went up to quickly and was due for a correction.  Do you really expect Trump to say it's his fault?
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  • PoguePogue 554 Pts
    @islander507
    He said it was him that made it go up in the first place. Even though the first year of growth was below the first year of growth of Obama's presidency. 
    I could either have the future pass me or l could create it. 

    “We are all born ignorant, but one must work hard to remain stupid.” - Benjamin Franklin  So flat Earthers, man-made climate change deniers, and just science deniers.

    I friended myself! 
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  • CYDdhartaCYDdharta Premium Member 1086 Pts
    Pogue said:
    @islander507
    He said it was him that made it go up in the first place. Even though the first year of growth was below the first year of growth of Obama's presidency. 
    It's easier to go from an abysmal economy to a lackluster economy, as Obama did, than it is to go from a lackluster to a roaring economy, as Trump did.
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  • MedicMedic 176 Pts
    The Fed has far, far more influence than the executive has over the economy. This is a combination of anxiety over Powell taking over + wages too high.

    Under a system of perfectly free commerce, each country naturally devotes its capital and labour to such employments as are most beneficial to each. This pursuit of individual advantage is admirably connected with the universal good of the whole. By stimulating industry, by regarding ingenuity, and by using most efficaciously the peculiar powers bestowed by nature, it distributes labour most effectively and most economically.


    - David Ricardo

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  • joecavalryjoecavalry 404 Pts
    Trump may want to take credit when the DOW is up, not down. He needs a higher approval rating.
    Pogue
    DebateIslander and a DebateIsland.com lover. 
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