Based on a conversation with @Think: are the affects of a Presidents economic policies not felt til AFTER they leave office or is it while they are President?
It’s really both depending upon which policy and when it is enacted. Some take effect immediately whilst others are delayed for legal reasons.
So he must LOVE ❤️ Obama. Considering how Mr. O pulled America out of the crater that W sunk us into.
General rule of thumb because I’m no economist, I give it a 6 month delay
There are statistics today! I for one have had a great stock market run since Nov 9, 2019.
The stock market did better from 2010-2016. Why did you miss out on that? There are statistics! www.macrotrends.net/1319/dow-jones-100-year-historical-chart
Mine jumped 1,000 in four days two weeks ago.
The market is always cycling, I’m up or down $10,000 on any given day. Fact is that the market averaged better under Obama than it has trump so far.
I see it different. Anyway. I personally lost money in 2000 when the Nasdaq collapsed from 5k to 1k after the dot com bust under Clinton. Started gaining even after 9/11 under Bush until the banks crashed in 2008. Bad idea to allow banks to be investment institutions and giving anybody a mortgage.
Start a nice uphill climb in the Obama years. But in three years the increase is what it took 8 years in the previous admin.
I cycle up and down like squid. But because my eggs are in both bond and stocks my interest and dividends are generous. You get used to the 10k swings. Anyway I believe interest rates, regulations, and buying power dictate market prices.
Patently untrue rons. The last 3 years of Obama alone had more increase than the first 3 years of trump. The full 8 years of Obama represents the largest market increase in history under any single potus. You should know that.
Lets make this easy. The trump market is up 40% since he swore in....pretty darn good. Obama market was up >50% at the same point. 50>40. In 8 years....the market increased 147% under Obama. In 8 years of Bush it was down 19%. In 8 years if Clinton-It was up 228%, making my previous comment incorrect. You can play with the FACTS here: www.macrotrends.net/2481/stock-market-performance-by-president
Here’s the sad thing....when BO was in office all you trump humpers shed crocodile tears about the ‘lousy’ economy & all the $ you were losing in the market. When I pointed out these facts....that btw-made you & I both rich-it was ‘the market is doing good in spite of BO’ or ‘POTUS has nothing to do w the market.’ Fine-believe what you want. But the minute trump won the election....you give him 100% of the credit for this market before he even swore in. You think it’s the best ever....and facts are.....Clinton & Obama both trounced him.
Depends. The president is also not in the drivers’ seat for the economy like people assume, so arbitrarily crediting the state of the economy to any president is irrational.
It’s not black and white. It depends on the specific policies. Example: Dodd/Frank wasn’t really felt until years after implementation.
That is his way of gaslighting. He is trying to blame Obama for Trump’s policies not working as it suits his needs.
This is one of my highest criticisms about changing laws from one president to another.
It's both but the real effects are not noticed until after office. hell the real effects of any legislation put into place are not immediately obvious.
You can take the generations decades Millenia.
It’s not either or, it can be both.
Using FDR as an example, his economic policies were implemented and felt during his Presidency.
Same with Clinton, the only Prez that left office in the black - which was quickly given to the rich as soon as Bush came into office.