Wrong way Joe.

[Reasoned]

This should come as no surprise.

Survey: Majority of Americans Say America Headed on the 'Wrong Track'

Most Americans believe the U.S., under President Biden's leadership, is headed on the "wrong track," a Monmouth University survey found.

www.breitbart.com

 

[Reasoned]

And now the economy. You know someone needs to tell these Marxist’s the economy isn’t on autopilot, it doesn’t just “happen” in a vacuum. Punishing taxes, burdensome regulations and administrative selection of good vs bad business will eventually kill even the strongest economy.

Fed Forecasts Higher Unemployment, Worse Inflation, Lower Growth

Fed officials now expect inflation to run at 4.2 percent this year, up from 3.4 percent at the June meeting. | Economy

www.breitbart.com

 

[Menace Sockeyes]

And now the economy. You know someone needs to tell these Marxist’s the economy isn’t on autopilot, it doesn’t just “happen” in a vacuum. Punishing taxes, burdensome regulations and administrative selection of good vs bad business will eventually kill even the strongest economy.

Fed Forecasts Higher Unemployment, Worse Inflation, Lower Growth

Fed officials now expect inflation to run at 4.2 percent this year, up from 3.4 percent at the June meeting. | Economy

www.breitbart.com

Then why, historically, does the American economy do so much better under Democratic presidents?


The Dow Jones Industrial Average returned 56% during the Trump presidency, according to LPL. This represents an annualized gain of 11.8%, which is the best performance for any Republican president since Calvin Coolidge during the roaring 1920's.

"This was still below the annualized returns of Presidents Bill Clinton and Barack Obama," LPL's Chief Market Strategist Ryan Detrick said in a note on Wednesday.

Here's how the stock market performed under President Donald Trump, and how it compares to previous administrations

During Trump's presidency, the Dow made 126 new all-time highs, which was slightly more than Obama's 123, but still lower than Clinton's 263.

markets.businessinsider.com

…So much for that “Marxist” label.

 

[billywayneluck]

Then why, historically, does the American economy do so much better under Democratic presidents?


The Dow Jones Industrial Average returned 56% during the Trump presidency, according to LPL. This represents an annualized gain of 11.8%, which is the best performance for any Republican president since Calvin Coolidge during the roaring 1920's.

"This was still below the annualized returns of Presidents Bill Clinton and Barack Obama," LPL's Chief Market Strategist Ryan Detrick said in a note on Wednesday.

Here's how the stock market performed under President Donald Trump, and how it compares to previous administrations

During Trump's presidency, the Dow made 126 new all-time highs, which was slightly more than Obama's 123, but still lower than Clinton's 263.

markets.businessinsider.com

…So much for that “Marxist” label.

Something tells me socky wouldn’t recognize a healthy enconomy if it got smacked in the taint with one.

 

[Reasoned]

About 35 years ago, (as I was completing my MBA with an emphasis in finance) I vividly recall my professor in macroeconomics telling us “the stock market is NOT the economy” and its performance (both good and bad) has little correlation to the economy at large.