I mean, really. Come on. This is like giving Cousin Oliver full credit for the long-running ratings success of The Brady Bunch.
Putting aside the fact that, for a significant portion of those streaks, Donald Trump claimed the stock market was in a dangerous bubble and the unemployment numbers were totally fake, when exactly do they think this streak started? They complained about Barack Obama nonstop for eight years, so I have a hard time believing they’ve forgotten he was president.
So here’s a chart of the S&P 500 since Barack Obama’s first inauguration:
See that tiny portion over on the right? That’s the stock market under Trump.
So from the market’s close on January 20, 2009, the day Barack Obama was inaugurated, to January 20, 2017, when the Washington, D.C., hellmouth unceremoniously disgorged a malodorous lump of orange phlegm onto the National Mall, the S&P 500 index increased by 182 percent.
From Trump’s inauguration to the market’s close yesterday, it increased 26.6 percent. And notice that it’s essentially gone sideways since the beginning of the year.
Put another way, Obama’s stock market increased by an average of 22.75 percent each year. Trump has barely beaten that number in 19 months.
Meanwhile, job growth, which started on its current path after Obama pulled us out of the Great Recession, has significantly slowed under Trump.
But no one has ever accused the GOP of being intellectually honest. Or intellectual. Or honest.
Yo! Dear F*cking Lunatic: 101 Obscenely Rude Letters to Donald Trump by Aldous J. Pennyfarthing is now available at Amazon! Buy there (or at one of the other fine online retailers carrying it), or be square.