It is incredibly difficult to argue with hardcore Trump supporters, I was one of them before he flipped on nearly every important issue, but let’s try.
For instance, according to most Trump supporters, we are witnessing an economic miracle the like of which we haven’t seen since the days of ancient Rome. For instance……
WH PRESS SEC: DEMS WARNED OF ECONOMIC ‘ARMAGEDDON,’ ‘TOTAL OPPOSITE’ HAPPENED
Fair enough, but…. under Obama the Dow Jones zoomed up about 200%. And under Trump? Well, as Mr. Trump so graciously points out himself, it is up about 34% since he won the election. Not bad, but far from Obama’s achievement.
The above applies to almost any measure. From unemployment to GDP Growth. Thanks to the FED and their insane monetary policy, of course.
Second, it is a well known fact among American Presidents to never take credit for the stock market’s boom. Why? Well, because one might have to deal with the consequences of a recession or god forbid, a market crash. Understandably, such a silly rule does not apply to Emperor Trump.
Trump takes credit for Dow 25,000, says ‘I guess our new number is 30,000’
- With the Dow breaking 25,000 for the first time, President Trump is hoping for even bigger gains.
- “What that means is that, whenever you see that number go up on Wall Street, it means jobs, it means success, it means 401(k)s are flourishing,” Trump tells reporters.
But, do you recall the following…..
Trump Praises the Stock Market at 22,000 That He Said Was a Bubble at 18,000
So, either President Trump is a mad genius, a complete fool or a liar. You decide. One thing is certain, it will be fun to revisit his tweets below in a few years.