Policy counts. Economic, foreign and domestic.
Anarchy: a state of disorder due to absence or nonrecognition of authority.
It’s all a case of what goes up must come down. Some people will take the credit for the upside, however have no interest in wearing the downside (it’s always someone else’s fault). A true win-win situation, at least in their limited self absorbed mentality.
‘But it’s not tariffs or fear of a recession’, it’s the damn Fed. I wonder how many of Trump’s army he will have believing that?
The economy going in the tank would be far less dangerous than a second term for Trump. Recessions are survivable.
Honestly, the DOW Jones isn’t what should worry you economically. It’s only a helpful number for the media.
Portents of things to come. Republicans are ambivalent about the presidential election. If a Democrat wins they can blame the recession on him/her like they did with Obama. That way they can take congress back and obstruct for another 8 years.
Some one sneezes and the market topples…sick of it…scaredy cats!
Also posted elsewhere:
He naturally looked outside of himself to pin the blame, and found it in his handpicked Fed Chair, Jerome Powell:
Obama inherited the worst economy we had since the 1930’s. We were on the edge of another great depression. He pulled us out of it, got companies running again, basically saved us, and left the economy on the road to recovery. Trump took over, deeply cut taxes on the rich- with a temporary small cut for the rest of us, and destabilized the economy— due to the fact that if it looks good in the short run, he plans to be hiding in Trump tower when the whole mess crashes, and his supporters are still going to blame Obama anyway.
In Trump’s market fall, we sinned all.
trump has bankrupted most everything he has touched.. Now, with his (the trumps) astute business sense a good many Americans will go bankrupt as well.
Once again, we’re going to get the lesson that “policy matters”. We got a beating over that in 2001, but apparently it was a lost lesson.
Pay attention this time people!
Rule 1. Never buy on the margin. Rule 2. Ride it out, the loses are only on paper until you sell. The losers sell when they are scared, the winners hold on through the recovery.
Uhmmm, weren’t the right-wing populists ascribing the Dow to the POtuS?
Obama’s fault, right Holbert? After all, Trump is an economics expert, graduating at the top of his class from Wharton.
Anyone with half a brain could see this coming. Of course this leaves out the current administration. And I would lay odds Donnie is going to double down on his policies and ensure a recession.
When you elect a man who managed to bankrupt a casino….
My financial adviser hasn’t been thrilled ever since Trump came into office. I have no idea whether he’s Republican or Democrat – he just doesn’t like instability!
If the DOW drops 1,000 points in two days the President should be impeached immediately!” Donald J. Trump Nov 6, 2012
I must be losing my clever: Took me three tries to see the “DOW” in “DOWN”. At least ol’ Holbert’s got a point today, even if his artwork is as primitive as I’ve come to expect.
April 12, 2017
August 01, 2017
October 06, 2017