Nope.
Shows that Trump is right about the phony recovery.
anything bad that happens with the economy or terrorism hurts Hillary even more.
That is totally correct. Trump has been adamant about selling the current stock market because of the easy money policy of the Fed.
Janet Yellen must have read your post : )
To: Lorianne
shes afraid he will tell the truth about the Fed and educate people about it not being part of the government but really being just a private banking consortium that manipulates world markets every day.
50 posted on 9/9/2016, 10:31:29 AM by uncitizen (Americanism NOT Globalism! - Trump)
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http://www.freerepublic.com/focus/news/3467412/posts?page=44#44
Trump is right about the phony recovery, but the FED is doing what it is supposed to be doing.
The FED’s focus by the law that created it, is supposed to be 1) Full Employment, 2) Low inflation, 3) low Interest rates.
It’s not the FED’s fault that we continue to off-shore industries and jobs. That’s Congressional trade policy fault.
Take it a step further. We have been living in a phony economy since September of 2000. It was at 4000 in 1988 and leaped up to 6000 consistent with the 1966 high point by 1992. But it skyrocketed up during the Clinton administration to a high of 14,500 in October 1999 right before Bush came into office. It dropped down to just under 10000 by December of 2008 but has gotten completely out of control to current 18,175 as listed by CNN Money.
So, rounding out numbers, the DOW has gone up from 6000 to 18000 in the span of three presidents, Clinton, Bush and Obama. And the only one of the three to drop the DOW was Bush. So during the tine of liberal presidents, the DOW tripled without any reason other than overstocking the system with newly printed money, that cut it’s worth each time it was printed. And that’s what they used to get to the inflated problem across the board.
So what it means is you may be making twice what you did in 1993. And inflation has gone up 67% of which during the Bush administration it went up only 14.43% with 2008 at .08%. Easy to understand. We have lost ground to even during the liberal administrations large.
So, how many lies have the libs been telling us about economy for about 25 years? Most likely a whoe lot more than they will adnmit to on page 110 of the NY Tines.
red