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<blockquote data-quote="Deleted member 2897" data-source="post: 392393"><p>Well we've had 'decent' Presidents for quite awhile, and look at where that got us.</p><p></p><p>In my opinion, the stock market was based on expectations of his policies goals - corporate and individual tax cuts, lessened regulations, etc. Presidents always get credit for things they probably shouldn't get credit for, and always get blamed for things they shouldn't get blamed for. Bush 1 was railed against for the recession, even though it had actually ended before the election when he lost after 1 term. People say all the time that Bush 2 had 2 recessions, but the NASDAQ was already down almost 50% before he was even in office. I think we've gotten better now - those previous things would be akin to saying that Obama saved us from the financial collapse even though the Dow had already bottomed out before he was inaugurated. I think the truth is always in the middle. Obama didn't save us from the country blowing up, but his steady non-Trump hand was exactly what people needed back then that we weren't going to fall off a cliff, and with each subsequent positive month more and more people started believing and knowing we would be okay.</p></blockquote><p></p>
[QUOTE="Deleted member 2897, post: 392393"] Well we've had 'decent' Presidents for quite awhile, and look at where that got us. In my opinion, the stock market was based on expectations of his policies goals - corporate and individual tax cuts, lessened regulations, etc. Presidents always get credit for things they probably shouldn't get credit for, and always get blamed for things they shouldn't get blamed for. Bush 1 was railed against for the recession, even though it had actually ended before the election when he lost after 1 term. People say all the time that Bush 2 had 2 recessions, but the NASDAQ was already down almost 50% before he was even in office. I think we've gotten better now - those previous things would be akin to saying that Obama saved us from the financial collapse even though the Dow had already bottomed out before he was inaugurated. I think the truth is always in the middle. Obama didn't save us from the country blowing up, but his steady non-Trump hand was exactly what people needed back then that we weren't going to fall off a cliff, and with each subsequent positive month more and more people started believing and knowing we would be okay. [/QUOTE]
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