"Lock Him Up!"

[metis]

All I see is TrumpCo taking credit for everything Obama has already accomplished.

Yes, and just imagine what might else have been accomplished if the Republicans had tried to help in any way instead of being the Party of No. And now that they are in power, they have the utter hypocrisy to blame the Democrats for not supporting most of their proposals, and yet there was not been a single meeting on health care that the Dems were invited to attend prior to the votes.

 

[metis]

If that is true, why did the stock market begin it's upward trend just after the results of the 2016 election?

Huh? You might want to reword this

 

[It Aint Necessarily So]

if the Republicans can not get their **** together and pass a comprehensive tax plan all bets are off.

Why do you think that you would benefit from any changes the Republicans make in the tax code? Are you among the 1%? What are your taxes like now compared to twenty years ago? Are you reaping the same rewards they are? Has your standard of living changed noticeably because of all of the tax dollars you are pocketing now compared to then?

 

[metis]

What could be very "exciting" is trying to get the debt ceiling raised, which is due in just over a month. Right now, the Republicans are in such disarray that they can't even pass gas.

 

[esmith]

Why do you think that you would benefit from any changes the Republicans make in the tax code? Are you among the 1%? What are your taxes like now compared to twenty years ago? Are you reaping the same rewards they are? Has your standard of living changed noticeably because of all of the tax dollars you are pocketing now compared to then?

If the tax code is not changed as Wall Street expected it to then there is apt to be a drop in the stock market which affects my 401K which I have to draw from which leaves me with less available cash.
Twenty years ago I was not on Social Security, I was not taking draws from my 401k, I was still working and paying a ton of money in Federal and State income tax. So there can be no comparison.

 

[Watchmen]

Whether it was your 401-K that was affected or not is irrelevant in terms of what happened as so many people lost a lot of money when the economy tanked under Bush. It's not a "liberal" or "conservative", thingy-- it's simply basic economics and the news that you must have slept through, so here's a quick refresher link: Great Recession - Wikipedia

You're shifting the goal posts. I'm not talking about Bush. I'm saying my 401k was stagnant for years under Obama. Trump gets elected and it's skyrocketing. FACT!

 

[Falvlun]

You're shifting the goal posts. I'm not talking about Bush. I'm saying my 401k was stagnant for years under Obama. Trump gets elected and it's skyrocketing. FACT!

Ugh. I think one of Trump's worst legacies will be the effect he has had on Americans' speech patterns.

 

[metis]

You're shifting the goal posts. I'm not talking about Bush. I'm saying my 401k was stagnant for years under Obama. Trump gets elected and it's skyrocketing. FACT!

What I was pointing out was that you were the exception and not the rule.

 

[Watchmen]

What I was pointing out was that you were the exception and not the rule.

You don't know that. The stock market is up. That means I'm not the exception.

 

[metis]

You don't know that. The stock market is up. That means I'm not the exception.

I'm talking about what happened to so many of the 401-K's that tanked in 2008-9, largely due to Bush's decision in 2005 to allow them to go onto the general stock market. When the market did a noser, many got seriously burnt.

However, during the Obama years, the stock market recovered in the longest positive run in U.S. history. Did you praise the Obama administration when that happened? I doubt that very much.

 

[Falvlun]

You don't know that. The stock market is up. That means I'm not the exception.

The stock market is up. The stock market was also up during Obama's tenure, hitting record highs with the 2nd longest bull run in history.

Your claim wasn't just that your 401(k) is up, which makes sense. Your claim was that it was also stagnant during all the Obama years, which would make you an outlier.

 

[metis]

But if some only get their "news" from the likes of Fox, Breitbart, and/or Limbaugh, no wonder some are not aware of what actually did happen.

 

[esmith]

But if some only get their "news" from the likes of Fox, Breitbart, and/or Limbaugh, no wonder some are not aware of what actually did happen.

Got a little bit of animosity there @metis?
I get 95% of my "news" from FNC and Fox Business. I do not pay that much attention to the "opinion" shows. So there are those of us that appreciate those networks.

 

[metis]

Fox is basically an arm of the Republican Party ala Murdock, so objectivity is simply not their forte. And now it's going through one scandal after another, which should be of no surprise frankly as those whom are dishonest in one area tend to also be dishonest in others as well.

Secondly, I would never put blind faith in one or even a couple of networks, so I "play the field"-- even watching Fox at times.

 

[Revoltingest]

Ugh. I think one of Trump's worst legacies will be the effect he has had on Americans' speech patterns.

It's bad enuf reading what he says.
But I really avoid listening to him.
<shudder>

 

[Watchmen]

I'm talking about what happened to so many of the 401-K's that tanked in 2008-9, largely due to Bush's decision in 2005 to allow them to go onto the general stock market. When the market did a noser, many got seriously burnt.

However, during the Obama years, the stock market recovered in the longest positive run in U.S. history. Did you praise the Obama administration when that happened? I doubt that very much.

Yep. I did. You don't know me.

 

[Watchmen]

The stock market is up. The stock market was also up during Obama's tenure, hitting record highs with the 2nd longest bull run in history.

Your claim wasn't just that your 401(k) is up, which makes sense. Your claim was that it was also stagnant during all the Obama years, which would make you an outlier.

I love the games. Since Trumo took office my 401k has been performing well. It's a very simple statement, but I understand why you want to bring it down.

 

[It Aint Necessarily So]

Since Trump took office my 401k has been performing well.

The Dodgers, too. As soon as Trump was elected, they began playing phenomenally. Post hoc ergo propter hoc.

 

[columbus]

I love the games. Since Trumo took office my 401k has been performing well. It's a very simple statement, but I understand why you want to bring it down.

It's not that I am doubting your 401K statements. The question is "How did you manage to miss out on the investment opportunities during the Obama administration? " From real estate to the stock market, the economy did very well. Perhaps you were too invested in gold, alternative energy, bonds?
All the investors with a lick of sense did quite well during the Obama years. What happened to you?
Tom

 

[Falvlun]

I love the games. Since Trumo took office my 401k has been performing well. It's a very simple statement, but I understand why you want to bring it down.

Perhaps you honestly forgot what you posted a mere 13 posts up? Post 87:

You're shifting the goal posts. I'm not talking about Bush. I'm saying my 401k was stagnant for years under Obama. Trump gets elected and it's skyrocketing. FACT!

Nobody is questioning that your 401(k) is up right now. Nobody is "bringing it down".

People are clearly only questioning the part where you stated that it was stagnant under Obama.

Your own evidence for your statement that your 401(k) was up was that the stock market is up. Post #90.

If the evidence for your 401(k) being up is the stock market being up, then your 401(k) would have also been up under Obama because the stock market was hitting record highs then as well.