Because not many people seem to realize it, and because President Trump touts his success in terms of the stock market, it’s worth noting that he was doing worse than President Obama BEFORE the Corona Crash. (And that is true despite the fact that Obama’s first term was his weaker of the two.)
If the last three decades have taught us anything, it’s that the stock market is almost completely disconnected with the reality of the economy’s health. It’s more of a Ponzi scheme than anything at this point.
True it is not real money until you cash it out and if everyone did that the market would crash. I’ve been cashing out in small chunks over the last six months because the market has been unreasonably high.
Also, during the last (3) yrs of Obama 1.54 million more jobs were created than the first 3 yrs of Trump:
8.069 million to 6.519 ~ IOW Trump inherited a booming economy!
I didn’t know that. It means that job growth actually slowed under Trump. I’m surprised that Biden and others seldom, if ever, point that out.