(11-25-2019 06:18 PM)OptimisticOwl Wrote:  

(11-25-2019 02:11 PM)RiceLad15 Wrote:  

(11-25-2019 01:37 PM)OptimisticOwl Wrote:  Dow over 28K today, again. Up almost 10K since Election Day, 2016, or just about three years.

Oh, the misery. We need to get rid of Trump ASAP so we can get the economy down again. Calling Adam Schiff!!!

This is all I can think about when you make these posts.

If that is ALL you can think about, then your thinking is very limited.

How has your 401K fared since Trump was elected? I suggest you take the entire gain and donate it to whatever save the world movement you prefer.

Out of curiosity, what would do you think Hillary would have done to save the Earth?

When someone makes a post about how good anyone is for the economy, when only looking at a measure of shareholder value (i.e. the stock market), that is all I can think about.

If you want to throw in wage growth, unemployment, GDP growth, etc. then I don't immediately think of that comic because it isn't so darn on the nose (especially with Trump being a champion of cutting EPA regs as much as he can).

Had Clinton won, I think we wouldn't see the federal government suing the state of California from creating its own emission limits for vehicles. I don't think we would have conversations about expanding drilling to some of our most sensitive environments when we have plenty of production in our current oil fields. I don't think we would have seen roll backs or post-postponements of regulations of waste products like CCRs. I think we would have been leading by example in GHG emission reductions and implementing a market-based reduction program like cap and trade.

I can go on with respect to what sort of differences I could have expected if you want.

Frankly, my 401k would have likely kept growing around the rate it had under Obama, and it wouldn't have changed in a way that matters much to me - I'm still decades from worrying about its final value, and I expect there to be downturns in between now and then that will eat away at some, or most, of the gains seen during the Trump administration.