Why Are Conservatives Now Blaming Obama For The State Of The Stock Market

Conservatives treated Obama with respect. Why were some liberals screaming and crying when Trump won?

Not the most altruistic question on Quora, hmm.The opposition did not treat Obama with respect.If we disregard the super racist memes from racist private citizens in the opposition, and only look at the actual political opposition:The Republican Party obstructed from day one, that is not respect.Obama reached out with an olive branch for bipartisan solutions, but the GOP would have nothing of it. Some of the GOP inputs to the affordable healthcare act watered it down to what it became, and it would have been better without their inept inputs.Instead of behaving like proper caretakers of the country, they boycotted appointments of justices. Now it looks more and more like a long con to get single topic riders in the seats in the supreme court that will put the country backwards for decades, when it comes to human rights and equal opportunities and treatment.Fortunately for everyone, including the rest of the world, Obamas side got their “fix-the-economy” acts in place before the midterms, so those behaving responsible in the government manage to turn the economy, which benefited the next president, who had a sweet deal to take over - all Trump needed to do was to be fiscally responsible, the rest already was trending good.And concerning the current so-called president, he was behind the birther conspiracies that was absolutely about disrespecting the US institutions and Obama, so I am sorry, in what way could he have earned more respect than Obama?In my view and with all respect I can muster, I think Trump is a misogynistic, bigoted, narcissistic opportunist suffering from delusions of grandeur and pathological lying. That is just in laymen terms.There is simply not much to respect about a silver spoon fed cronyist, who found the opportunity to ride the red waves of religion and fear mongering into destroying his country for decades.I would not have expected that high a rate of people, who would excuse any one of those labels even less all of them, but obviously I believe too much in the good in people, because 26% of the US voted for him and according to polls most of those still labeling themselves Republicans supports him.We can only hope the rest of the world are more awoke to prevent the risks of such a incompetent and democracy threatening leader anywhere else.

What are conservatives tired of hearing?

I will add that I am tired of hearing about the wage gap that exists between men and women. Liberals like to claim it is because of oppression as opposed to voluntary reasons for it. No matter how many times that claim has been debunked (by hundreds of experts) liberals hang onto that myth.What liberals do not want to talk about is the fact that men are 9 times more likely to die in a workplace accident than women. Is it because women are more careful or are men more likely to work high hazard jobs? That workplace death gap is way too huge to presume it’s the former. Understandably high hazard jobs pay more.So if liberals demand for pay equity they should also demand for death equity.

Trump just blamed the Fed chief for the stock market plunge on 10/10/18; does that mean that Janet Yellen gets all the credit for the spectacular run-up in 2017?

First, two people are at fault for the Stock Market Crash and months ago, the end of the stock Rally; Jerome Powell, failed Chairman of the Federal Reserve, and Donald Trump, failed President.Before we go into details, Janet Yellen gets the credit for the run up in 2017, but remember she is a protogee of Ben Bernanke and along with President Obama, all three of these brought us out of the Recession and started the long stock rally. All three get the credit.Now; Jerome Powell was a very poor choice for running the Federal Reserve, and was appointed by our incompetent President, Trump. Powells own incompetence led to 1.5 trillion dollars lost from the stock market, that most of you reading this need to fund your retirement and support your family. And this was BEFORE the full on stock market crash this week.JP Morgan: Fed Chair Powell's remarks this year have cost the stock ...https://www.cnbc.com/.../fed-chair-powells-remarks-this-year-have-cost-the-stock-mar...Oct 3, 2018 - When Federal Reserve Chairman Jerome Powell starts talking, the ... a $1.5 trillion lossin market cap, according to a J.P. Morgan analysis. ... The possible reason for the decline, according to the analysis: Worry that Powell ...————————————————————————————————————-Fed Chairman Powell has cost stock-market investors $1.5 trillion in ...https://www.marketwatch.com › Markets › U.S. & Canada › The Tell6 days ago - Federal Reserve Chairman Jerome Powell has exacted a mighty toll from stock ... have suffered around $1.5 trillion in losses following speeches from the Fed's top dog. ... among the keyreasons for the market's propensity to jerk lower. ... a firming U.S. dollar, as measured by the ICE U.S.Dollar Index DXY, ...The lower article, by the way, is a very conservative and respected financial site. Now to Donald Trump; the huge stock rally that we saw in 2017 and the beginning of 2018 ended immediately after Trump, defying all experts and defying Congress, started trade wars against all of our trading partners. Donald stole money from all of you folks, and he’s not going to compensate you.

Many conservatives are giving Trump full credit for the good economy. If the economy tanks under Trump, will they admit that he's to blame?

When people talk about the economy a lot of times they are talking about economic growth, corporate profits, and a rising stock market.What they are not talking about is whether those good things are helping the working class to get a better life. Over the past 40 years, the economy has grown, corporate profits have expanded, and the stock market has gone up. The working class is still struggling, wages have been stagnant, millions of jobs have been offshored, health care costs have gone way up along with housing etc. Working class students now graduate with tons of debt to finance the high cost of education. We now have two parents working in many households and they are still struggling to make ends meet.So I just want to point out that a “good economy” that doesn’t make life better for the working class is pretty much worthless.Trump and Republicans passed a tax cut that primarily will benefit billionaires and wealthy corporations. This will be good for their profits. The stock market should rise, as should corporate profits. Billionaires will pay less in taxes, as will their heirs. This is good for the economy. for the working class it’s meaningless.

What will happen in the stock market now that the Democrats have taken the House in the 2018 midterm elections?

Thank you for your question, JeffreyStock markets reflect investor sentiments, so I expect turmoil and a flattened growth curve now that the Democrats have the power to increase uncertainty by controlling the fiscal levers in the House.Let’s unpack that a little. Remember when President Trump was launching his tariff wars? The universal “consensus” among media talking heads was this would lead to an economic disaster. At exactly the same time, the stock market was surging. this suggests that investors understood that the US had a lot to gain from the tariff “wars”, much like massively shifting the “narrative” around Iran, the DPRK and the Paris Climate Agreement also had little effect on the stock market.The reason CNN and Paul Krugman, among others were 100% wrong is the investors are not tied to a narrative, or live in a self induced bubble, but actually operate in the real world, where there are causes and effects, and careful observation of cause and effect, rational calculations of Return On Investment (ROI) and other metrics actually count for something.Now that the Democrats have taken the House, investor confidence will grow cold. The Democrats have spent the last two years promising to disrupt the Administration, reverse taxpayer gains and reimpose regulations on the economy, all in opposition to President Trump’s desire for an economic growth rate of 5%. Investors don’t like abrupt changes to taxes or regulation, since it makes rational TOI calculations difficult. The greatest example in American history was the “Capital Strike” of 1938. This was the worst year of the Great Depression, and caused because businessmen simply refused to invest any more given the constantly shifting and changing regulatory and legal landscape of the “New Deal”. No one could tell what was going to be tax or regulated, or indeed what might suddenly be declared illegal, so they simply stopped, and lay down tools. A similar situation explains the extremely sluggish economic growth from 2008–2016.Millions of small investors now have their investments, savings and 401K’s in jeopardy, so in effect, the Democrats have now hardened another source of opposition to their Progressive notions and themselves as a Party. 2020 should be very interesting indeed.