"No, the economy didn't suddenly get strong under Donald Trump"

Discussion in 'Current Events' started by archives, Feb 18, 2020.

  1. Thirty6BelowZero

    Thirty6BelowZero Well-Known Member Past Donor

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    8 years under obama, WITH a recession to help the inflated numbers, +10,400 points.

    3 years under Trump, AFTER he reversed obama's policies, closing in on +12,000 points.

    I'll also add that 0bama's biggest jump was seen after republicans controlled the House and the Senate. You're using trend lines like you use percentages because you think it benefits your argument better than actual numbers.
     
  2. yardmeat

    yardmeat Well-Known Member

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    Trend lines are THE standard in economic historical analysis and projections. Always has been.
     
  3. rahl

    rahl Banned

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    and in economics, the trend lines as well as the actual numbers are used. And as the data shows, your claims are abject nonsense. The economy has been on the same unchanging trend line, since 2010. Nothing has changed under trump.
     
  4. Thirty6BelowZero

    Thirty6BelowZero Well-Known Member Past Donor

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    Obama's first 2.5 years (from 7,608 to 10,913: +3,305 points, a 43% increase
    Trump's first 2.5 years (from 17,655 to 26,458: +8,803 points, a 49% increase

    I don't know what your methodology was, but I went to the Marketwatch website to grab the numbers and then put them into a percentage calculator. So tell me now, which economy did better in its first 2.5 years?

    https://www.marketwatch.com/investing/index/djia/charts

    https://percentagecalculator.net/
     
    Last edited: Feb 20, 2020
  5. Thirty6BelowZero

    Thirty6BelowZero Well-Known Member Past Donor

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    I watch the stock market every single day and I'm telling you with 1,000% certainty that when the stock market dropped over 500 points it was because China acted like they wanted to reneg on the tariffs. After phase 1 finally went through, the stock market broke another record and hit 29,000 points. The tariffs have absolutely helped the market and the tariffs are 1,000% because of Trump.
     
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  6. yardmeat

    yardmeat Well-Known Member

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    If you watch the stock market every day, you'd know there's a dip almost every time Trump talks about tariffs or trade. Continue in your religious faith that artificially increasing taxes is economically good. I'll stick to the evidence.
     
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  7. doombug

    doombug Well-Known Member

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    You do not have any facts.
     
  8. yardmeat

    yardmeat Well-Known Member

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    I've posted the graphs several times on the forums. Anyone crediting Trump can't read a trend, or they believe he has a time machine.
     
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  9. doombug

    doombug Well-Known Member

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    Propaganda is not facts.

    If the economy did so well under obama then why is obama endorsing Trump and not Biden?
     
  10. doombug

    doombug Well-Known Member

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    You are wrong. Here is a graph:
    javascript-line-charts-graphs.png
     
  11. rahl

    rahl Banned

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    I agree. Which is why I stick with facts.

    huh?
     
  12. yardmeat

    yardmeat Well-Known Member

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    You can see my post history for the ones I have posted. Yours doesn't even have the axis labelled, so a pretty terrible graph. Do you know how to draw a trend line through that graph?
     
  13. Thirty6BelowZero

    Thirty6BelowZero Well-Known Member Past Donor

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    Jan 2010 to Jan 2017 - +9,800 points / 1,400 points per year
    Jan 2017 to Feb 2020 - +8,900 points / 2,970 points per year

    How are you gonna sit there and tell me that 9,800 points over 7 straight years is the same as 8,900 points over 3 years and 1 month? Do you even know what "claims" means? Or "abject nonsense"?
     
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  14. yardmeat

    yardmeat Well-Known Member

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    Wait . . . did you just pick two data points and average the difference without actually looking at any of the other data? Pretty sure I'd get fired if I did that.
     
  15. rahl

    rahl Banned

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    yes I know what both mean. Your claims remain abject nonsense. As I have and will continue pointing out, the economy has been on the same upward unchanging trend line since 2010. Nothing has changed under trump.

    [​IMG]
     
    Last edited: Feb 20, 2020
  16. Thirty6BelowZero

    Thirty6BelowZero Well-Known Member Past Donor

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    There's a dip every time China crawfishes on the tariffs. I mentioned that. I even said it dropped over 500 points at one time because of that. Dropped is another word for dipped.
     
  17. yardmeat

    yardmeat Well-Known Member

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    We're dealing with people who think that trend analysis is a conspiracy to steal credit from Trump. I still have a couple of my econ textbooks. Pretty sure all of them emphasize trend analysis. The conspiracy must run deep.
     
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  18. yardmeat

    yardmeat Well-Known Member

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    It dips when Trump suggests new tariffs. And math still says that artificially inflating prices reduces business value.
     
  19. Thirty6BelowZero

    Thirty6BelowZero Well-Known Member Past Donor

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    Whew. . . . You can't be serious.

    I took the data from obama's "first 2.5 years" and compared it to Trump's "first 2.5 years".

    If you think my research is wrong, WTF are you doing to come up with your results?
     
  20. doombug

    doombug Well-Known Member

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    It does not matter. For some reason you think posting a graph makes you right....it doesn't. I posted a graph and you reject it so instead of a graph how about a giraffe?
    giraffe_10.jpg

    See I proved you wrong. My giraffe beats your graph.
     
    Last edited: Feb 20, 2020
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  21. yardmeat

    yardmeat Well-Known Member

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    You posted a graph that literally didn't say anything. There were no labelled axis. That's the difference. But, yes, this is the nonsense required to have religious faith in the "Trump economic miracle."
     
  22. doombug

    doombug Well-Known Member

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    So what? The other graphs posted here are fake news.
     
  23. Thirty6BelowZero

    Thirty6BelowZero Well-Known Member Past Donor

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    Where did you find this? Do you not research your own graphs? I pulled the data myself.

    The S&P 500 that your source cherry-picked doesn't add up to the actual numbers.

    S&P 500 under Obama from Jan 2009 (inauguration) to April 30th: +300 points
    SP500-09.JPG



    S&P 500 under Trump from Jan 2017 (inauguration) to to April 30th: +550 points
    SP500-17.JPG

    Refute it with sources instead of the generic "abject nonsense" you keep saying.
     
  24. Nemesis

    Nemesis Well-Known Member

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    You think that the markets are "the economy"?

    *LOL*
     
  25. Thirty6BelowZero

    Thirty6BelowZero Well-Known Member Past Donor

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    You're dealing with people who go to actual data sources and research interactive charts instead of finding some Politico or similar website to pull unfounded charts off of and present them as "evidence".

    Has nothing to do with conspiracies.
     

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