Trump & Immigration
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The Obama Depression?
You have your own alternate reality. Amazing to watch. Fascinating, to be honest.
@jon-nyc said in Trump & Immigration:
The Obama Depression?
You have your own alternate reality. Amazing to watch. Fascinating, to be honest.
Sorry, Obama presided over what many term The Great Recession, which lasted into the end of 2009. It was the worst recession the U.S. has ever seen. I remember multiple bank failures (except those "too big to fail"), Cash For Clunkers, a horrible housing market, beaucoup job losses, a 3/4 trillion dollar stimulus and much more.
If a recession can be termed two quarters of negative growth, what would you term the mess under Obama? Many did term it a depression.
I tend to agree...
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Ask the average guy on the street...
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I think most people acknowledge that the recession was caused by the housing crisis at the end of Bush's term and not by Obama's recent election. Obama got re-elected fairly convincingly, after all.
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@Jolly said in Trump & Immigration:
Ask the average guy on the street...
Obviously most of the average guys on the street blamed G. W. Bush; that's a big reason why W. lost the election in 2007.
@Axtremus said in Trump & Immigration:
@Jolly said in Trump & Immigration:
Ask the average guy on the street...
Obviously most of the average guys on the street blamed G. W. Bush; that's a big reason why W. lost the election in 2007.
Uh, Bush was term limited in that election. He did not run.
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@Axtremus said in Trump & Immigration:
@Jolly said in Trump & Immigration:
Ask the average guy on the street...
Obviously most of the average guys on the street blamed G. W. Bush; that's a big reason why W. lost the election in 2007.
Uh, Bush was term limited in that election. He did not run.
@Jolly said in Trump & Immigration:
@Axtremus said in Trump & Immigration:
@Jolly said in Trump & Immigration:
Ask the average guy on the street...
Obviously most of the average guys on the street blamed G. W. Bush; that's a big reason why W. lost the election in 2007.
Uh, Bush was term limited in that election. He did not run.
Oops, meant to say "... the GOP lost the election in 2007." The WH and control of both chambers of Congress went to the Democrats.
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Around the Obama inauguration was the perfect time to buy stocks if you wanted to get in at the bottom
@xenon said in Trump & Immigration:
Around the Obama inauguration was the perfect time to buy stocks if you wanted to get in at the bottom
Larry famously called the bottom by telling everyone to sell all their stocks - literally within days of the century’s low point.
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@xenon said in Trump & Immigration:
Around the Obama inauguration was the perfect time to buy stocks if you wanted to get in at the bottom
Larry famously called the bottom by telling everyone to sell all their stocks - literally within days of the century’s low point.
@jon-nyc said in Trump & Immigration:
@xenon said in Trump & Immigration:
Around the Obama inauguration was the perfect time to buy stocks if you wanted to get in at the bottom
Larry famously called the bottom by telling everyone to sell all their stocks - literally within days of the century’s low point.
It's funny, pretty much the only advice ever given to me by a bank manager was to basically do exactly the opposite of what you feel like you should do when buying stocks. He said so many people buy high and sell low it's ridiculous.
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@jon-nyc said in Trump & Immigration:
@xenon said in Trump & Immigration:
Around the Obama inauguration was the perfect time to buy stocks if you wanted to get in at the bottom
Larry famously called the bottom by telling everyone to sell all their stocks - literally within days of the century’s low point.
It's funny, pretty much the only advice ever given to me by a bank manager was to basically do exactly the opposite of what you feel like you should do when buying stocks. He said so many people buy high and sell low it's ridiculous.
@Doctor-Phibes said in Trump & Immigration:
He said so many people buy high and sell low it's ridiculous.
LOL. That is so true. Best just to minimize looking.
