One of these things just doesn’t belong (in the White House)
Stocks going up mostly benefits the wealthy. We shouldn’t measure success that way.
On the other hand stocks going down have a habit of affecting the rest of us even more.
Is there any literature on this asymmetry? I thought elasticity was the same in either direction.
This is a curious one. 90% of stocks are owned by the top 10%, so stock going down would lead to less inequality. Yet the top 10% also gets to take out their anger at us.
Edit: and only 50% of American house holds have any retirement savings.
They use falling stock prices a pre text to extract extra money from peasants via the state and the stage enables them.
Most people don’t understand that this is what modern oppression looks like in the developed world. Slowly degrade quality of life over generations.
Parasite got so fat is that now they are attempting to dismantle the US federal government and getting away with it too
I’m too stupid to read and understand a picture, this means Tramp daddy is hurting the right people? The minority ones I don’t like?
Hell yes, brother 💪😎 All of those beta cuck minorities 🦋❄️☠️☠️ are getting FUCKED 🍆💢 I lost my job of 69 ♋ years 🏗️💩🧓 but it’s all worth it 💯 to get one mutilated trans 🌈 devil 😈 off of the little girls 👸🤤💦 sports team 🏅🎾 get those genius 🧠 hard working sigma 🍑 billionaires 🤑🧑💼💵 more of the money they deserve and so desperately need 🎰🏆 stock buybacks and shorts will siphon money where it belongs 📈 instead of in the hands 👐 of irresponsible fucks 🤡 like me 🤏 and you🫵that immediately blow 💨 all our money 💸 on dumb shit 💩 like groceries 🍎🥦🍗
Can i delete someone else’s post?
Actually yes, if you run the instance.
Fake. Too coherent to be MAGA ramble
Emoji pasta🥰
Where❓Is😳The👈community🏘️???
Looks like we’re great again! A great big market crash that is. The yugest crash, very beautiful.
I know crashes… I knlw this guy, good guy, who makes the best crashes
Is this real? I can’t wait to post it on Facebook
Has his first term
Thank you!
I think including his first term actually sells the point of how bad this term is even more effectively than leaving it out.
I found some relevant graphs in my photos from his first term that are also neat:
I’d be curious how they stack up now.
To be fair COVID had a great deal to do with that
Obviously he handled COVID extremely poorly and it didn’t need to be as dramatic of a crash, but I think that factor alone was the leading reason of why that happened
Thanks, I don’t know why they left out his first term.
Id actually like to see the last 10 terms
Horrible colour scheme with night light filter.
It’s just a horrible color scheme regardless
What’s difficult to read about the four similarly green lines?
But, it’s still lacking Obama’s first term…
Here’s an interactive one where you can select where you want to compare. Obama’s first term was a slide indeed, but it’s important to note that his term started after the slide had already started. I agree it should be included here in fairness, but then you’d see both the plummet as well as the recovery, and maybe some don’t want to give him credit for that and only focus on the first days.
Donny still got some catching up to do to reach Dubbya or Nixon levels
And somehow, Biden does a lot better in this one.
I want to post it to ND so bad, but I know it’ll just get removed under the no national politics rule lol
(Which isnt the worst rule TBH lmao)
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He didn’t do it any good either. Also even though his first term was a disastrous dumpster fire, it was still relatively tame compared to what is going on now. Back then he could still be intimidated somewhat by the system, this time he knows he can do anything he wants.
He was also too busy destroying everything a black man did to really think about anything else.
You mean when he had an administration that kept guard rails in place to stop him from doing the things he really wanted to do unlike this time? Yes, it was better when he wasn’t given kingly powers.
Your point?
I assume they are implying that it will be similar to the first rerm, which requires ignoring all the differences between the two.
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So what? Liars lie and that has zero relevance when discussing something that is factually accurate.
Yeah, I’ll just delete my comments here and block this community from my feed. The way people communicate over here is not for me. Have a great day everyone, and good luck sticking it to the GOP’s.
You’ll give the Trump cult something to point at, an opportunity to claim dishonesty.
Man fails, but tries again and succeeds.
Why cherry pick Obama’s second term?
Because of the 2008 recession, obviously, which would undercut the visual argument.
The underlying fundamentals still hold, because no one would ever argue that Obama caused the 2008 recession, while Trump did all of the work of causing the current situation himself with his dumb tariff games.
Then you get a graph that doesn’t start at zero and you can undercut the visual argument even further
Starting at 0 would actually be silly for a normalized market index value graph like this one because the market going to true 0 is not a realistic situation. Or thought of another way, this graph is essentially zero-indexed, but 0 is marked as 100 on the Y axis. 90 in this case could be thought of as -10% value and that would be perfectly accurate. These kinds of graphs are usually misleading in other ways, usually by picking specific time ranges to represent or cut off on the X axis. For instance, you could argue that the value that Trump is erasing here is largely offset by the market gains from November to January that could be arguably attributed to speculative optimism about Trump winning the election and so the crash that is shown is actually just a market correction. One might point out that triggering a market bubble and subsequent correction is no matter of pride in response to that argument, but it is there
Well DUH Don’t you LiBrUlS know? Line going up is nothing but
wokeDEI propaganda!11!!11!!! Drump just sees through all that and courageously makes line go down!!!1!111
