Tuesday, 22/8/2017 UTC-4
Total Conservative News

Dow Hits 20,000 As Wall Street Basks in the Trump Glow

No president can guarantee a bull market, but Donald Trump has clearly impressed Wall Street investors in the first days of his term. The Dow Jones Industrial Average crossed the 20,000 mark on Wednesday for the first time, a significant milestone that reflects a growing confidence in Trump’s business-friendly policies.

With promises of lower corporate and individual taxes, a vow to remove burdensome regulations, and an eye towards military and infrastructure spending, Trump has given investors every reason to get excited about the next four years.

The Dow index has risen 1,668 points since Trump’s election in early November.

The materials sector was largely responsible for the final push across the line, driven to new heights after President Trump announced plans to move forward with two oil pipelines that had stalled under the Obama administration. Trump said Tuesday that he would negotiate with energy executives to make sure the steel used for the Keystone XL pipeline was produced in the U.S. Additionally, Trump met with the CEOs of the top three American carmakers, signaling a new dawn for American manufacturing.

Did we make the right choice or what?

As pumped as we are to see how high this country can soar under a Trump administration, we can’t help but feel bitter about how our economy was held hostage for eight long years. It’s inexcusable. President Obama had it in his power all along to work side by side with American job creators and use his authority to make this country a friendly place for both small and large businesses. Instead, he did the opposite. He sent manufacturers running for the border with his onerous regulations and ridiculous corporate tax rates. And that’s without getting into the damage caused by Obamacare.

We won’t take away from the tangible steps Trump has taken, but a lot of this has less to do with policy than attitude. We finally have a president willing to use the bully pulpit for the good of the economy. Look at the extraordinary publicity Carrier, Ford, and others have gotten simply by doing the right thing. Trump is creating a patriotic movement that could legitimately send our economy skyrocketing to heights previously thought unimaginable.

Some of Trump’s more hysterical critics are worried that he might cancel the next election and install himself as president for life. But if the next four years look as good as Trump’s first week, he won’t have to. The American people will be begging him to stay.


  • Combatvet52

    MAKE AMERICA GREAT AGAIN, THANK YOU PRESIDENT TRUMP.

    • dinddong

      I’m with you, yes thank you President.

      • Combatvet52

        Yes what other President made promises and did it the first week in office…….no one, only Trump because he’s for the people, and not a politician vulture.

        • Bill Fultz

          Christ, are you an ignorant bastard. Trump has done nothing but embarrass us.

          • Combatvet52

            Your the ignorant bastard, liberal BS as always.

    • Bill Fultz

      It was great here, until his racist ass embarrassed us to the world.

      • Combatvet52

        Yes it was great with OVOMIT he was destroying the country or are you BLIND……..stop with the racist BS because that’s all you have to beg with……try to work in harmony but the likes of you just don’t want to.

        • Bill Fultz

          All I heard for 8 years was anti-Obama shit. Meanwhile the stock market went up 2.5x and corporate profits hit record levels. But the greedy companies refused to raise wages. Thanks in great part to right wing refusal to raise the minimum wage. You conservatards are going to get it back all the negatives with interest. And we don’t need to overinflate the truth. Because Trump is a lying nazi and a hateful racist shrew.

          • Combatvet52

            I wonder who the real racist is sounds more like you………I had black friends that would take a bullet for me during combat but then they were different than you….we were fighting for the same thing protect the USA and the Constitution but you don’t want anything to do with that.

          • Bill Fultz

            Did you show these supposed black friends what a racist you are?

          • Combatvet52

            They are not supposed they were good men not like you I think your the racist not me….i get along with people never had problems also a black guy working for me and was a top notch worker it was sad when he passed away great machanic.

  • proudvet

    This disabled Vietnam Veteran will NEVER claim that Trump the lowlife draft dodger that bragged in his book “I was out chasing women while other FOOLS enlisted or were drafted during Vietnam” is the POTUS and the Commander-in-Chief. He’s a disgrace to all the men and women presently serving, all veterans and every patriotic citizen in the USofA. Trump the wanna be bully who only shoots his big mouth off when surrounded by his security stooges. Semper Fi, Trump go to hell where the devil belongs.

    • RS

      I’m a Veteran of Vietnam and you’re a fucking brain dead idiot. Maybe you had better see a real doctor for help. We have never had a man like President Trump and I could give a damned less what he did while I was serving in Nam in the U.S.M.C. He’s making the Monkey Obama look like the bastard he is.

      • Bill Fultz

        Racist motherfucker, call me a monkey to my face. Somebody else died for the draft dodger Trump. He is no man. Nothing but a clod of turds with a bad rug on top.

    • Bill Fultz

      Amen, proudvet. Your true and correct message could not have been said better. But the right wing buffoons on this website are too ignorant to see truth.

      • Combatvet52

        That’s all you AH want to do is fight……..very sad.

    • Combatvet52

      Your a proud VET don’t think so because you are looking to disrupt everything like all the LIBERAL brain dead……you don’t want peace just keep fighting……..with guys like you there will never be unity……..Korea 52/53

      • proudvet

        Damn right I want peace. I’ve been in a wheelchair for 45+ yrs. for wounds received in Chu Lai but every time I have an appointment at the VAMC I run into Vets without legs, arms ect. and I count my blessings. Try being honest the one that doesn’t want peace is that lowlife draft dodger Trump. You can have that imbecile I have ZERO respect for that waste. Democrat Devil Dog.

        • Combatvet52

          Fellow Vet I too was wounded just to let you know, but not like you I commend you for your service but getting all pissed off doesn’t solve anything…..best of luck to you.

  • Morton99

    The irony is that Trump’s base will never benefit from the current stock market boom. It is based upon greed and reflects the expectation that corporations will make out like bandits over the next 12 months. It is also ephemeral and is more likely to go whistling down at the slightest hiccup, once the world has stopped reeling with gob smacked astonishment at the sight of a mentally deranged US president – who seems unable to tell a single truth.

    • J.R. Mag

      Wake UP! You are the mentally deranged one, not TRUMP!

      • Morton99

        Watch carefully. What makes you think that these corporations will do a damned thing differently ? They will NEVER willingly pay more for labor than they are able to by moving production offshore. And it is simply not possible to stop them.

        • Betty

          Sorry, Morton I do not think you understand economics, suggest you take econ 101, etc. at your nearest college, that should help you understand so that you will be able to discuss economics somewhat intelligently, and maybe get a job. The issue is not to pay more money for labor at an entry level, but to provide the opportunity for the laborer to work up the ladder of success at his own pace and choosing. Never forget that it is up to the individual to set his/her goals to improve him or herself, not the other way around.
          Econ101, school of hard knocks, etc.

          • Morton99

            Sorry Betty, but this is a capitalist economy, not a communist one. There is no orderly ‘ladder of success’ but a need for efficiency. My advice comes not from my MBA, but from 30 years working on Wall St.

          • Bill Fultz

            No Repub understands economics. They have caused every recession in the last 38 years.

    • Bill Fultz

      Morton99, you are spot on. But the drooling right wing dopes here have their heads so far up Trump’s fat ass that they are blind to the truth. These crooked companies made record profits the last 8 years, and kept it all.

  • dinddong

    It’s all because of a President Trump, businessman have full confidence.

    We love you.

    • Morton99

      They are salivating over lower taxes and higher profits. If a few more citizens get maimed or poisoned as a result of removing regulations – its just normal collateral in the business of profits. Did I hear someone ask about higher worker salaries ? Godammed greedy buggers. They should be lucky they even have a job.

    • Bill Fultz

      Businesses reeled in record profits under Obama, you dolt. How stupid are you? And they refused to share the windfall with employees how are producing the highest productivity ever.

      • Combatvet52

        Right tell that to my 3 cousins that the shit Obamacare drove them out of business along with all the regulations.
        funny first week in office the DOW went to 20,000 under Trump.

        • Bill Fultz

          I guess the DJIA just.magically went from 7,949.09 on the day Obama took office to the brink of 20,000. Get serious. Trump walked in on a rolling economy and wants to claim he did it? Horse shit.

          • Combatvet52

            You better check your history you are off the wall.

          • Bill Fultz

            Show me where I am wrong then. Put up or shut up.

          • Combatvet52

            You are wrong but you will not admit it why because obombo is black you play this race card that’s your argument very sad pal
            Search for the answers your self ?

  • Ronald Hagler

    While this may be temporary, it could be an indication of what is to be, economically, under Trump’s economic plan. This is a good, wholesome forecast of what can be, yet liberal antagonists such as the NAACP, ACLU, DNC and major media outlets seek to denounce Trump as being an arrogant, bullying, undeserving, illegitimate President. Trump convinced Carrier to postpone moving some jobs to overseas plants before even taking office, yet liberal agitators continue to berate him as non-qualified to be President. Why?

    • Bill Fultz

      Trump lied about the number of jobs at Carrier to begin with. And Gov Homophobe Pence paid ransom to Carrier. You want taxpayers to pay ransom for every job in America? Keep handing out tax welfare and we will.

      • Ronald Hagler

        The actual number of jobs being retained by United Technologies (Carrier) is 800,: which means that at least 800 Americans will still be employed and providing for their families. Trump had mild success with Carrier, but he is trying to eradicate decades of “corporate migration” and needs time. Even a mildly successful campaign to preserve employment opportunities in the U.S. is an improvement, but people like you (Bill Fultz) find fault in such success. Why? Hillary Clinton never even tried to persuade any corporation to retain even one employee in the U.S. but you criticize an honest, productive negotiation by Trump!

      • Ronald Hagler

        If you, Bill Fultz, were not so ignorant about economic strategy, you would know that what Trump is seeking will be beneficial to all of us, even those miscreants who refuse to work while demanding more government dole!

    • Combatvet52

      Because they just don’t know any better the brain don’t work to well they are in a sense blind

  • Bill Fultz

    This article is insane. Companies made record profits under Obama. Stocks went up 2.5x from the abysmal level Bush left the DJIA when he almost flipped us into depression. Companies just got greedy and kept all the profits, refusing to raise wages significantly. And a great deal of the blame there goes to Repugs. Because raising the minimum wage would have ultimately raised us all.

    The idea all these tax cuts will cause enough growth to lower the deficit is absurd. I thought you righties said you cared about the deficit But the last 35 years have proven you have no clue how to reduce it.

    • zarada

      How’s Pluto?