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Dow plunges on a scary sign

It has happened 3 times this week including the 800 point drop on Monday.

is this a sign that the Democratic Candidates were hoping for that the economy would crash and steal thunder from Trump's boasting and campaign strength?

St-Sinner 9 Aug 7
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PLUNGED!!! Fucking stupid 800 points out of 25000.. Stupid hyperbole. Click bait shit.

You are talking expert 3conomy. Voters don't see it that way. They do not know corrections. They know how to panic.

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800 points is like 3 PERCENT. A very expected correction. NO big deal.

Sad so many in the US have no understanding of math nor proportion.

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Predicting isn't hoping.

Are you saying Democrats are predicting a crash?

@St-Sinner a number of people have done so for a while now with the prez policies.

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The job of POTUS is fr too much for any one person to take on in this modern era. Trump has tried and so far appears to be failing badly at the task. A POTUS needs to have a strong stable staff around them to help bare th load. Instead Trump chooses wild cards who aren't up to the task,
Look at what Trump has done over Venezuela, effectively declared war! The financiers don't like it.

Don't be so sure. The jury is out on who caused the stock market to be so high in 3 years. Some people say Obama caused while some argue Trump boosted confidence of business and consumers. The jobless rate has been consistently dropping.

Bashing Trump is easy. This is called the longest economic expansion the American history and you seem to dismiss all of that. No other president - no other has been able to preside over a strong economy it is today. I admit that Trump is shocking, he is unconventional, he pisses people off, he is not politically correct but remember, people chose him because Washington was not working. It was grid lock, lame duck presidencies, political infighting controlled by lobbyists etc. The voters wanted to burn the house down as the presidential candidate Pete Buttigieg pointed out. When there is a shock to the system, people and the system get very uncomfortable. He is that shock.

The history will write his success or failure, not you or I. If you remember, we progressives made fun of Ronald Reagan just like of Trump, probably worse. Guess what happened! Ronald Reagan ranks as one of the 10 best presidents above Clinton, Carter and Obama consistently according to all historians.

@St-Sinner I agree that we must wait for history to play. It is one of the problems living in the moment. I remember Reagan at the time and thinking how dumb he was. It wasn't until I gre some more that I looked into him and saw what he had done and how he got where he did. Then his fight with a deteriating mental conditition.
Through his efforts (and his administration) I didn't end up a shadow burnt into a wall of the army base I worked in. He gave the Soviets an honourable way out which allowed their transition from 'Stalinist' communism to whatever they have now.
As for Trump's economy, I feel more sure that we are still seeing the Obama effect. What hasn't been seen yet is the massive tsunami of economic downslide that will hit the USA just after the next election.

@Sofabeast Thank you for a civil discussion.

@St-Sinner ,
"Reagan ranks as one of the 10 best presidents above Clinton".
reagan started the US on the disastrous road of increasing military budgets with deficit financing. he was as good a POTUS as he was an actor.

@callmedubious I am talking about how history ranks him. Individually opinions are different. There are people in our land who still think Lincoln was not a good president.

@St-Sinner I agree. I remember at the time, I though Reagan was an utter idiot. Now with so many decades to see what happened I can see I was wrong. Because of his polices I was never given that 'brown envelope' in the office safe which contained my call-up papers, I never had to get a quick short hair cut and something uncomfortable in green/brown/sand and black to wear for a short summer in a Soviet POW camp!
And thank you for proper argument, not just contradictions. It is wonderful to excercise the mind.

@Sofabeast
I was making an argument that we should take a balanced view. Just one sided hate of everything of the opposite makes us no different than what conservatives do. We have seen that on each side for Reagan, Clinton and Obama. Each side was raging no matter each of them did. But the history does not read like we do. I remember all the fun we did of Reagan. The history showed us we lost and he won. We are doing the same with Trump. His character and repulsive individual behavior is not what the history will remember. His government actions is what will count. Hate is a very powerful emotion and it can make you to do extraordinarily bad things and it is easy to do. I tend to believe that Trump being in the White House is a backlash of the silent white majority in the inner America to the 8 years of a black president. That is what a brewing hate can do when unleashed.

@St-Sinner Indeed, I couldn't agree more.

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Whatever it takes to bring the sociopath down!

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The drop was due to Trumps incompetence at understanding how business works. I've seen this explained over here in Europe on several channels by different economists. What the Democrats need to do is point out how the ordinary people will be paying more for goods, waiting longer and earning less if they keep their jobs.

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