Posted On: 02/06/2016 9:47:47 AM
Post# of 65629
It also depends on how intelligent the reader is. For example:
"Republicans claim Democrats are bad for business, but the stock market disagrees. It rose more than twice as fast under Obama as under Reagan. In fact since Reagan (1981) stocks have gained 13% under Republicans and 450% under Democrats. That’s 35 times more, and they had six years less time."
Claiming that the stock market rose twice as fast under the current administration compared to the former is quite illogical given the fact that the rise occurred from one of the largest declines in stock market history. A more realistic test would be to compare the current price to what the price was before the crash.
It's as silly of an argument as the job creations argument.
"Republicans claim Democrats are bad for business, but the stock market disagrees. It rose more than twice as fast under Obama as under Reagan. In fact since Reagan (1981) stocks have gained 13% under Republicans and 450% under Democrats. That’s 35 times more, and they had six years less time."
Claiming that the stock market rose twice as fast under the current administration compared to the former is quite illogical given the fact that the rise occurred from one of the largest declines in stock market history. A more realistic test would be to compare the current price to what the price was before the crash.
It's as silly of an argument as the job creations argument.
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"The more numerous any assembly may be, of whatever characters composed, the greater is known to be the ascendancy of passion over reason." - Federalist no. 58
