Talk of The Villages Florida - View Single Post - Michael Moore calls for disruption of inaugeration.
View Single Post
 
Old 12-10-2016, 09:32 AM
Guest
n/a
 
Join Date: n/a
Posts: n/a
Default

Quote:
Originally Posted by Guest
A PPP poll of Trump voters due out today says that 80% believe that the stock market has gone down while Obama was president. Actually went from 8000 to over 19,000.

The same poll asked about unemployment, and 80% said that unemployment has increased under Obama. Actual numbers 10% down to 4.6%.

This is a good example why we now have Donald Trump as our president-elect.
In many cases the president doesn't have a huge affect on the stock market or unemployment. These things are often cyclical. The president usually gets too much blame and too much credit. Who is to say that the stock market might have gain more if not for the policies of the administration.

The unemployment number is another discussion. We all know that the official number has nothing to do with the actual number of people unemployed. We really have no way of knowing exactly what that is. We don't know how many people are not counted because their benefits ran out or took some job that is well below their potential or who have just given up.

Again, the president can get too much credit and too much blame for much of what goes on. Congress has an effect as well, but we really don't know if congress blocking some legislation proposed by the president or his party has had a positive of negative affect on the economy.