Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.

Here's a fun interactive graph

HustlinOwl
HustlinOwl Member Posts: 953
I know facts, graphs and numbers and shit for conservatives is like kryptonite to Superman, but should check this out. If you think the President has a huge effect on the economy then it's pretty interesting.

https://www.macrotrends.net/2481/stock-market-performance-by-president
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Comments

  • doogie
    doogie Member Posts: 15,072
  • PurpleThrobber
    PurpleThrobber Member Posts: 48,764 Standard Supporter
    edited November 2020

    I know facts, graphs and numbers and shit for conservatives is like kryptonite to Superman, but should check this out. If you think the President has a huge effect on the economy then it's pretty interesting.

    https://www.macrotrends.net/2481/stock-market-performance-by-president

    You are aware of the Dazzler's maff skills, right?

    It's comical you think Obama 'saved' the economy. He was still figuring out where the bathrooms were in the West Wing.

    Paulson gets credit for that save.

  • Rubberfist
    Rubberfist Member Posts: 1,373
    Presidents have very little impact on the economy and next to no impact on the stock market.

    Timing is everything. The stock market was incredible during the Clinton years but that’s only because we had one of the the biggest tech booms of all time. Bill Gates has infinitely more impact on that economy than Bill Clinton did.

    The tech bubble burst under Bush but that wasn’t my his fault. We had a good recovery after that. I remember Fox host getting really frustrated in 2006 because the media was sufficiently praising the “Bush Boom.” Those cries went silent when the housing bubble burst and again that wasn’t Bush’s fault.

    Obama got lucky in that he came into office on the tail end of one of the worst recessions of all time and thus his economic and stock market record looks good.

    Trump took over a good economy and happily took credit for trends that were already in place. I always thought it was dumb of him to constantly tout “his” stock market and economy numbers cuz that shit can turn on a dime and as we’ve seen that’s exactly what happened. None of this was his fault just as none what what we say before the pandemic had anything to do with him.

    The economy and stock market are too big and too complex for one man to have much of an impact.

  • Sledog
    Sledog Member Posts: 38,738 Standard Supporter
    Hosing debacle was all on the dems for laws requiring the loaning unlimited funds to people who couldn't/wouldn't pay it back.
  • Rubberfist
    Rubberfist Member Posts: 1,373
    Sledog said:

    Hosing debacle was all on the dems for laws requiring the loaning unlimited funds to people who couldn't/wouldn't pay it back.

    That’s not even close to what happened but not shocking that you’d be horribly misinformed.
  • PurpleThrobber
    PurpleThrobber Member Posts: 48,764 Standard Supporter

    Sledog said:

    Hosing debacle was all on the dems for laws requiring the loaning unlimited funds to people who couldn't/wouldn't pay it back.

    That’s not even close to what happened but not shocking that you’d be horribly misinformed.
    Feel to give your version and inform the class.

  • Sledog
    Sledog Member Posts: 38,738 Standard Supporter

    Sledog said:

    Hosing debacle was all on the dems for laws requiring the loaning unlimited funds to people who couldn't/wouldn't pay it back.

    That’s not even close to what happened but not shocking that you’d be horribly misinformed.
    Certainly is. Started under Carter and expanded under Willy.
  • WestlinnDuck
    WestlinnDuck Member Posts: 17,995 Standard Supporter
    "The economy and stock market are too big and too complex for one man to have much of an impact."

    But not too big and complex for a US Congress and a President to have an impact. Increase taxes on private sector activity and you get less private sector activity. Subsidize sloth and you get more sloth. Import cheap foreign labor and you get lower wages for citizens. Basic econ 101.
  • doogie
    doogie Member Posts: 15,072

    Sledog said:

    Hosing debacle was all on the dems for laws requiring the loaning unlimited funds to people who couldn't/wouldn't pay it back.

    That’s not even close to what happened but not shocking that you’d be horribly misinformed.
    Feel to give your version and inform the class.



    We’re waiting!