jayem
Naturalist
- Jun 24, 2003
- 15,424
- 7,159
- 73
- Country
- United States
- Gender
- Male
- Faith
- Atheist
- Marital Status
- Married
I'm OK with Joe Biden's economy. Check the S & P 500 chart. (A broader index than the DJIA.) There was some growth from 2016-2020 when Trump was in office. But it bottomed out in late 2020. Then it took off after Joe was inaugurated. It reached its highest point ever, just over 4,712 in Nov., 2021. There was a dip earlier this year, but it's now coming back. It closed today slightly down at 4,370. Inflation or not, my portfolio's done much better in the last 2+ years, than when Trump was in office.
And BTW, Trump's so-called "tax cut" did nothing for me. My taxes went up. The TCJA eliminated all my itemized deductions. But it expires in Jan., 2026. No way Trump will be in office. Congress will likely still be divided. Hopefully, at least some deductions will be restored.

And BTW, Trump's so-called "tax cut" did nothing for me. My taxes went up. The TCJA eliminated all my itemized deductions. But it expires in Jan., 2026. No way Trump will be in office. Congress will likely still be divided. Hopefully, at least some deductions will be restored.
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