Tag: promised

DonaldTrump Election2020 HarlanHill PresidentJoeBiden Recommended Trump

Trump advisor who promised to eat his shoe if Biden won is now refusing to do it

CivilRights DonaldTrump Election Law Oregon Portland ProudBoys Recommended

Portland Proud Boys day of rage fizzles as promised crowd of 20,000 turns out 500

2020 2020election Culture Election Election2020 Media Recommended Russia

where dat “full and complete” health care plan that Trump has promised he'd sign by August 2nd

DonaldTrump Economy Medicare Recommended SocialSecurity Trump

Trump appears to have just promised to cut Social Security and/or similar programs

During his first two years in office, Donald Trump regularly pointed to the stock market as proof of his leadership’s effectiveness. Experts may have shaken their heads, saying that stock values aren’t an accurate measure of the country’s economic performance. But they are popular with voters, who check their 401(k) investments, and, thus, with politicians. Particularly since “presidents can have a major impact on the financial markets in the short run,” said David Kass, professor of finance at the University of Maryland. And getting short-term response in stocks is much easier than long-term fundamental economic gains that can take years to bear fruit. If there’s an election coming up, juicing the markets is something both major parties like to do. When it comes to talking himself up, Trump in particular has compared himself to Barack Obama. So, how do the two presidents measure up in terms of growth in major indexes, measured between their inauguration and May 31 of their third year in office? The short answer is that Trump has quite a way to go. Under Obama, the S&P 500 grew by 56.4%. The Dow Jones Industrials Average was up 50.6% and the Nasdaq, 92.9%. The numbers under Trump were 21.4% for the S&P 500, 25.2% for the Dow, and 34.2% for Nasdaq.

Culture Economy Media Recommended Snark StockMarket Trump Trumpeachment

Trump promised the stock market would crash if he was impeached – Nope, it shot up 7%