An apology to Trump supporters - Was he really that bad?

[Mashmont]

1. When Obama entered Office, the dow jones was approximately at 8,000. When he left office, it was just shy of 20,000. I'm not one to praise Obama on his economy, but if you're going to use the Dow Jones as your measuring stick, let's not pretend that it wasn't on the upswing regardless of a momentary one month dip, which went up the very next month. This is just an dishonest argument.

If you're going to use t he DOW as a measuring stick you have to run it from election to election, not inauguration to inauguration since the market looks forward. At the 2016 election, the DOW wasn't anywhere near 20,000. Chimpy and his party started the process of cratering the market in 2007 a full year before the election, so he doesn't get credit for the inevitable rebound.

2. Trump lost nearly 50,000 manufacturing jobs a year before covid even happened and was continuing to bleed those same jobs up until covid hit and after.

That's just a flat-out lie

U.S. total employment and unemployment rate 1980-2029 | Statista

In 2023, it was estimated that over 161 million Americans were in some form of employment, while 3.64 percent of the total workforce was unemployed.

www.statista.com

 

[krichton]

If you're going to use t he DOW as a measuring stick you have to run it from election to election, not inauguration to inauguration since the market looks forward. At the 2016 election, the DOW wasn't anywhere near 20,000. Chimpy and his party started the process of cratering the market in 2007 a full year before the election, so he doesn't get credit for the inevitable rebound.

That's just a flat-out lie

U.S. total employment and unemployment rate 1980-2029 | Statista

In 2023, it was estimated that over 161 million Americans were in some form of employment, while 3.64 percent of the total workforce was unemployed.

www.statista.com

Dow Jones - 10 Year Daily Chart

Interactive chart illustrating the performance of the Dow Jones Industrial Average (DJIA) market index over the last ten years. Each point of the stock market graph is represented by the daily closing price for the DJIA. Historical data can be downloaded via the red button on the upper left...

www.macrotrends.net

https://finance.yahoo.com/quote/%5EDJI/history/?period1=1356998400&period2=1584748800&interval=1d&filter=history&frequency=1d&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAJKxnFaWMHpTXOAecq5yPZ5eakTciRK8wMaWPm5zDvWTQKfX3nP451sgtzB4pRGu43IQ0Q-v87BKsRMLNnrl5QLcgEIZCfEJLoFgribcraiXWqH9AKtjgtivpNVP47x2cyAkS1__HEQ9EoA_fwHptPjiM47e0j6dJ_LGC7qKtu0r

I was wrong, it didn't end at nearly 20k, the market closed at nearly 29k on Dec 19,2019. Cratering the market?

How does your link refute a single fact I've said about the lost of nearly 50k manufacturing jobs by Trump before the pandemic struck?