When Obama took office the Dow Jones was 7949.09 and on

[doc03]

March 6th of 2009 it hit a bottom of 6443.27. On January 19, 2017 Obama's last day in office
the Dow Jones closed at 19804.72. The Dow went up 13361.45 points during Obama's administration.
Has anyone ever heard the MSM call that the Obama bull market, surge, recovery or anything good?
The only reason or excuse they had back then was it was all due to Quanative Easing the bull market
was an illusion then.

[mcar]

1. The media covered the short jump to 20,000

way more than this significant achievement.

[doc03]

2. Yea they give Trump the credit for any increase after the election

and call it the Trump Bull Market. You watch CNBC, Fox or Bloomberg and happy days are here again. I looked at CNBC at the
gym a few days ago and this guy standing next to me says the market is finally recovering. I asked where have you been the
the last 7 years when it went up over 13000 points. I told him the numbers and he said that was bullshit, he gets alternative facts from Fox I guess. They just refuse to believe anything counter to what Fox tells them.

[malaise]

3. No - I raised this a while ago

Suddenly it's all Groper Don the Con - M$Greedia is part of the problem

[July]

4. I posted the other day about the WSJ's front-page chart on this.

It showed clearly where the bottom was (as you point out, it was in March of 2009, and it also showed clearly that there was an upward trend from then, the third month of President Obama's first term, until now.

So it was a multi-year climb from the point of the big drop, not a sudden dramatic leap since the election or the inauguration.

[Angry Dragon]

6. and the repubs complain that growth was not fast enough

I guess under bush the economy was just fine

[Mr. Ected]

5. Only to the alt-right crowd was Obama a threat to our nation

The man was a Miracle Worker. He'll be lauded in history books for time immemorial.

Unless Ban-man and Robbin' seize control of the press.

[Caliman73]

7. There has been some discussion about how the Dow is only relevant because people keep saying it.

There was an article that made its way across the pages of the WSJ, Forbes, Moneybeat and others that was saying how the DOW had already broken 20k about 10 years ago. It speculated that the DOW is actually not an accurate gauge of the economy.

Here is an article (not the one I mentioned above, but of the same genre)

http://time.com/money/4620104/dow-20000-meaningless-milestone-stock-market-record/

I think that we need to have a better marker of the overall economy than investment. Investment should definitely be a part of it, but there needs to be a marker that takes into account middle class and working class wage growth, income inequality, and other things that account for how ordinary people are being affected by economic activity.

President Obama's administration did do a good job keeping the economy from going over the edge and bringing it back to sustainable growth. Trump is spouting off about how he is going to double it and "be great" but we as a nation need to be about more than just how much we make but how that growth is distributed and how people's lives are improved or not by that economic activity.

[doc03]

8. I think everyone gets that all the gains have gone to the upper 1 %.

But nothing Trump has said will do anything other than make the 1% even richer. His tax cuts almost all go to the 1% and he is actually going to raise taxes on single head of household taxpayers. But that's what the Trumpsters want.