when democrat supporters point to the record Dow figures (or pretty much any stock market) and claim that that is a Good Thing and it is all because of the great job the Biden/Harris team did with the economy and forget that it is all due to inflation (due to incredibly high deficit spending), not economic growth. (1/3 of all deficit dollars have been crated in the past 3 years)
Either they are stupid, or they are lying.
“And”, use “and”
Stupid and lying
Y’beat m to it! I was just going to say ‘both…”
Didn’t Obama once say a rising stock market was not a good indicator of a strong economy? I cannot find a quote of his statement but….
“Repeat after me: The stock market is not the economy. — Robert Reich (@RBReich) December 16, 2020
Fmr. Obama economic adviser: Rising stock market is not the economy” Austan Goolsbee says. MSNBC August 8, 2020
Obama also said 1.5% growth was the new normal.