If we had the same growth as we did under Trump the DJIA would be at approximately 43000 rather than 32400.
We are now closer to three years into the Biden Presidency as we are to two. When Biden took over the Presidency, the Dow Jones Industrial Average was at 31188. It currently sits at 32400. This is a whopping 4% increase in two years and nine months.
On the flip side, when Trump took over the Presidency, the DJIA was at 19827. At this same time period the markets increased by nearly 38% to 27347. Obviously the DJIA continued to increase by over 3800 more by the end of his Presidency. That was a 57% increase in the DJIA over Trumps four years and included the worst of the Covid market problems.
Right now, by comparison the market should be over 43,000 which would make all of our investments worth plenty more. Unless something drastic takes place, Joe Biden is going to be looking at the worst market growth of any President in our lifetime. Chalk it up to pandering to everything "other" than the economy and in many cases openly sabotaging it for the sake of our green agenda or woke agenda. Some of the economic impacts we are seeing from these policies may last for some time. Which of course is sort of the point.
EMAIL halfbaked@yahoo.com
MESSAGE... I actually agree. Maybe your medicine is better than before
and because inflation is higher under Biden than it was under Trump, that makes the number worse.
Definitely in the hole. Take that 4% gain and subtract it. Then subtract at least 10% more. That's where most Americans actually are right now. The most infuriating part of it all is that was entirely self-inflicted. A collection of blue state pussies simply could not tolerate even one more mean tweet, so they felt the need to wreck it all.
You left out a big factor that makes this even worse for Biden. Don't have it at the tip of my fingers but to be more accurate Biden's numbers need to be reduced by inflation. With that people are actually in the hole during his presidency.
Bidenomics.
*update using 2021 as start year and 2023 as end and using the starting value of 31188 to just break even the Dow needs to be at 35425...
Inflation Calculator | Find US Dollar's Value From 1913-2023 (usinflationcalculator.com)