[Townhall] The Dow Jones Industrial Average gained well over 25 percent for the year. It broke records unprecedented in history. It has only achieved these level of returns fifteen times since 1921, and several of those years followed major corrections. This market was not in a correction cycle. The recovery following 2008 was a correction recovery. This market, for the last several years, was being held down by poor economic policies from the previous eight years. It was being choked out by excessive over-regulation and high corporate tax rates. According to the Tax Foundation, the United States had the 4th highest corporate tax rate on the planet. This was a market shackled, waiting to be set free.
Donald Trump will go down in history as the Great Emancipator of the American Economy, and it will last until our government overlords burden it once again. Yes, there will be profit-taking. Yes, there will be ups and downs. And yes, with every one of them, Leftists will denounce capitalism, the "rich", and scream for someone to "do something!"
That "something" always involves government interference in free markets, which ultimately leads to long-term economic decline. Lather, rinse, repeat.