Re: What Is 2019-2020 Reality Fake OR Fact

Originally Posted by
Dutchcedar
^^^ Why in the world would you alter other peoples' posts before you quote them?
That's in reference to my own post.
Neither Bush nor Obama said the things you present as their own words. Translation: fake.
I altered none of your words. None. Fake.
Sorry you didn't read my words in the post you object to.

Originally Posted by
otoc
Or is it we once again have a dutch dismissal to a post, complete with a 'basic math' barb, that is simply based on a cherry pick of a link I posted?
You want to focus on Obama? It's my opinion that you need to also show what Obama received from the outgoing president bush and
post the quotes in full instead of jumping off a cherry pick with vague opinions.

Originally Posted by
Bush
Investors who bet that a businessman in the White House would translate into strong returns were badly disappointed during President George W. Bush’s presidency.
The S&P 500 declined 40% under Bush, the worst among modern administrations.
Bush inherited the dotcom bust, which spawned the 2001 recession. The downturn was deepened by the 9/11 terror attacks.
Growth gathered steam in 2004 and 2005, fueled in part by low interest rates and the housing boom. But that bubble also popped in spectacular fashion, ushering in the Great Recession and the scariest financial crisis in a generation.
In the final quarter of Bush’s tenure, GDP plummeted at an 8.4% annual rate. Unemployment began rising rapidly. The S&P 500 plummeted 38% in 2008, its worst year since the Great Depression.
1st term -12%
2nd term -31%

Originally Posted by
Obama
The Wall Street meltdown continued during the first few months of President Barack Obama’s presidency.
The financial and auto industries teetered on the brink of collapse before government bailouts saved them both. Unemployment would peak at 10% in 2009, doubling in barely a year.
The stock market bottomed out in March 2009, but then the economy slowly healed, beginning what would eventually become the longest bull market in American history.
Digging out of the depths of the Great Recession was a long and slow process, though. Annual GDP growth never topped 3% in the Obama era.
Hoping to juice the economy, the Fed kept pumping easy money into the system. The unprecedented experiment helped send stocks soaring — the S&P 500 nearly tripled during the Obama era — but also contributed to wealth inequality and populism.
1st term +85%
2nd term +53%
Let's not be vague now. Care to share some simple links to better illustrate your vague 'simple math' please? Because it's my opinion I can't make sense of your opinion that you label as fact. All I see is Obama did quite well for 401Ks considering what he had to deal with.
Obviously Neither bush nor obama wrote those words. They were sourced from my earlier response to tucker and about the bush and obama stock performance in response to your cherry pick about obama. Hope that clears up your 'confusion'.
Still waiting for your 'simple math' illustration.
Thomas Jefferson to John Page Fairfeilds Dec: 25. 1762.
... But the old-fellows say we must read to gain knowledge; and gain knowledge to make us happy and be admired. Mere jargon! Is there any such thing as happiness in this world? No: And as for admiration I am sure the man who powders most, parfumes most, embroiders most, and talks most nonsense, is most admired.