The Dow
- Thread starter FastLane
- Start date
Yeah, fatlame. Ask farmers who can't get fertilizer or truckers who are paying $8/gal for diesel how much they appreciate the DOW.
You're such a fool.
You're such a fool.
Why should liberals be sorry? The markets were performing during Biden’s tenure, but the American population wasn’t feeling great or confident about prices of goods and services. The people are still suffering due to gas and grocery prices. Things won’t be better for DonOld until he brings prices down.All time high today. Right now it is 51,041.88. The economy looks strong. Sorry liberals.
Because people like fatlame don't care about the state of America or the world. MAGA is made up of people like fatlame and Steven Miller who were bullied, shoved into lockers as kids and didn't lose their viginity until they were into their 40's.
They're high school kids throwing spit balls - they're not patriots - they never were.
Yep, the market has only increased under ever president over the past 50 years. The DOW is an indication of how the wealthy are doing.
FastLane
Verified User
Gas prices were higher during the Biden administration. The Dow was lower during the Biden Administration. The economy is improving. Oil prices are falling too.
FastLane
Verified User
It is $4.91 in Texas.
Yes, which is why people are paid less in TX because goods and services cost less. The salary for my same position with my company in Dallas, for example is less than it is in WA and CA.
You need to understand how economics work, darlin'. People are paid less for the same jobs in TX because things cost less in TX. This is why people in TX are suffering the same way people are nationwide.
They were much lower than today and that’s the problem for DonOld. Summer is starting and prices generally increase during the summer. DonOld ran on the promise to lower prices. He has failed to do so. He has five months to bring prices down or face the consequences at the voting booth.
Show us your "source" showing America's economy improving.
The prices of gas, groceries, insurance, etc. are all rising. Please throw away whatever you've been smoking! Also, please try to learn something by reading this:
As US stock market hits new highs, 2 of 3 Americans are cutting back on spending, survey shows
U.S. consumer confidence declined slightly this month as gas prices stayed high and inflation remained elevated, a sharp contrast to soaring stock prices that have neared record levels.
apnews.com
WASHINGTON (AP) — U.S. consumer confidence declined slightly this month as gas prices stayed high and inflation remained elevated, a sharp contrast to soaring stock prices hover near record levels.
The Conference Board’s consumer confidence index slipped 0.7 points to 93.1 in May, the first decline after three months of gains. The measure hasn’t fallen as much this year as other gauges of consumer attitudes, but it has been stuck at a low level since the pandemic. Before COVID-19, it regularly reached 130.
A separate gauge of consumer sentiment released last week by the University of Michigan fell to a record low this month. Soaring gas and food costs have worsened inflation that is outpacing the average growth in paychecks, reducing most Americans’ purchasing power. Americans have soured on President Trump’s economic policies, polls show, potentially creating problems for Republicans heading into the midterm elections.
FastLane
Verified User
Oh so that is why- people are relocating from Wa and Ca to Texas. I live on 3/4 acer in a 4,500 sq ft home in one of the most exclusive communities in North Texas. The price for a comparable home in Ca would be much more than my potential earning difference. And we have ZERO state income tax plus our electricity costs are significantly less and a gallon of gas is now $3.88.
Boss - you and I talked right when I left TX. Now, in 1994 we purchased a 3,000 sq ft home in a cul de sac in Carrollton, 10 years old, on 1/3 of an acre with a pool. We also had a storage shed to keep my lawn tools and fire ant killer. I had a 3rd, air-conditioned, fully-enclosed garage for me to tinker on shit.
We paid: $120,000. Which is probably more than what you paid when you purchased yours.
At the time I looked at comparable position I was in in TX back in WA. My salary for the same position in WA was almost 50% more, if I'd had the same position in WA.
So, what you're doing is proving my point. THINGS COST LESS IN TX which is why people are paid less. So, let's try "math". If things cost less, but you're paid less are you better or worse of than someone who is paid more but things also cost more.
I'll let you work on that one for the rest of the day.
FastLane
Verified User
WRONG!
bought new for $440,000 in 1992 (Plus I have a connected two story brick matching on car shop with AC/Heat) I'm a woodworker and have table, band, and chop, saws ,planers, sanders, lathes etc.
Not the topic of this thread but good for you!WRONG!
bought new for $440,000 in 1992 (Plus I have a connected two story brick matching on car shop with AC/Heat) I'm a woodworker and have table, band, and chop, saws ,planers, sanders, lathes etc.
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All time high today. Right now it is 51,041.88. The economy looks strong. Sorry liberals.
A record-high Dow alone does not prove "America's economy looks strong."
- Stocks price expected future profits and sentiment, not current broad economic health.
- The index can be driven by a handful of large companies (concentration) while other sectors lag.
- High equity prices can reflect low interest rates, high liquidity, or speculative valuation, not real‑world gains.
- It doesn’t measure wages, employment quality, GDP growth distribution, inflation, consumer purchasing power, or small‑business health.
- Real GDP growth (trend and per‑capita)
- Unemployment rate and labor‑force participation, plus underemployment
- Wage growth vs. inflation (real wages)
- Inflation (CPI/PCE) and purchasing power
- Job creation by sector and small‑business metrics
- Household balance sheets (debt, savings) and consumer spending
- Manufacturing activity, supply chains, and regional indicators
Major investors disagree with your whittled view.
Get a job and invest.
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You need cash or bitcoin.