this post was submitted on 02 Jan 2024
818 points (98.3% liked)
xkcd
8822 readers
29 users here now
A community for a webcomic of romance, sarcasm, math, and language.
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Trump inherited a growing economy. learn about economic momentum my guy.
https://www.nbcnews.com/politics/meet-the-press/data-show-trump-didn-t-build-great-economy-he-inherited-n1237793
https://en.wikipedia.org/wiki/2015%E2%80%932016_stock_market_selloff
Okay? You're referencing a GLOBAL event and attributing it to single person. If we're going down that path, I find it a strange that the stock market went to shit the same month Trump announced he was running for president [0] - Two can play the correlation is causation game. And even though the market eventually returned to something we might consider normal, it "... was still below the annualized returns of Presidents Bill Clinton and Barack Obama" [1].
[0] https://www.theguardian.com/us-news/2019/jun/13/donald-trump-presidential-campaign-speech-eyewitness-memories
[1] https://markets.businessinsider.com/news/stocks/stock-market-performance-under-president-donald-trump-dow-jones-sp500-2021-1-1029987163?op=1
:-/