It’s laughable for Obama and liberal media to take credit for Trump’s economic miracle: Here’s why

It’s laughable for Obama and liberal media to take credit for Trump’s economic miracle: Here’s why
(Image: Twitter, Jerry Travone; RT'd by Trump)

  1. When Obama was elected President on November 4th, 2008, the Dow sat at 9,625.  Over the next four months the Dow steadily tanked to an all time low amount under the Obama Administration of 6,547 on March 9th of 2009 for a decrease in the Dow of nearly a third (32 percent).  The markets really could not have gone any lower.  The markets went way up after President Trump was elected. 
  2. President Obama is one of only six Presidents since 1900 to not have a single stock market high in their first term in office. Obama joined GW Bush, Jimmy Carter, Harry Truman, Franklin D. Roosevelt and Howard Taft to not have a single new stock market high in their first term in office.  Carter, Truman, Roosevelt and Taft did not oversee one single new stock market high in their entire Presidencies.
  3. It took four years for Obama to increase the market 36 percent(at the end of 2012 the Dow stood at 13,104) for an increase of 3,479 points after he was elected President.   President Trump increased the Dow by 35 percent at the end of his first year alone.

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