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(1st 6 months of Obama brought us a stock market crash, 10s of millions of jobs outsourced, millions tossed out of their homes by the banksters who bankrolled Obama)
It sure seems like you're trying to stroke somebody's ego with these threads. If it's not Trump's it must be yours? People usually do that when morale is low and they need to make themselves feel better about a bad situation. I can't blame you though. It's looking pretty grim for you guys out there at the moment. I wouldn't want to be in your shoes.
When was the Obama stock market crash? I must have missed that one. The last one I remember was under the Bush Jr. presidency. When exactly did this Obama one happen?
It sure seems like you're trying to stroke somebody's ego with these threads. If it's not Trump's it must be yours? People usually do that when morale is low and they need to make themselves feel better about a bad situation. I can't blame you though. It's looking pretty grim for you guys out there at the moment. I wouldn't want to be in your shoes.
When was the Obama stock market crash? I must have missed that one. The last one I remember was under the Bush Jr. presidency. When exactly did this Obama one happen?
I'll say a prayer for you. Must be miserable for you to keep looking for the worst in people.
As to the topic,
S & P 500
June 3 2008 - Obama Claims DNC Nomination from Hillary Clinton - 1404.50
Nov 2, 2008 - Obama Wins Presidency - 966.30
Mar 2009 - 683.38
So in 9 months after the world discovered that Obama would be President over Hillary Clinton, the market fell 51.3%. That is a crash in anyone's book.
Some people must be pretty desperate if they're citing the inauguration to use as the start date. Not that it matters, because jobs (and the stock market) were already falling even before the inauguration.
Quote:
Originally Posted by James Bond 007
It appears some people have forgotten this chart that was floating around the internet in 2010.
The market crashed because the job market crashed under Bush. Two months into Obama's Presidency the market took off and hasn't looked back.
While Obama was a US Senator voting for those same policies that Bush signed into law.
You get no argument from me. Obama & Bush were the two worst presidents in US History. The only one I voted for was for Obama once in 2008. I regret this now. But no matter.
Here's a chart of the stock market. It topped out in the fall of 2007, more than a year before Obama was elected and several months before he was inaugurated. It was already starting to crash when he was inaugurated, and had its BIG crash before he was elected.
Anybody who blames the stock market crash on Obama is quite clearly desperate.
Here's a chart of the stock market. It topped out in the fall of 2007, more than a year before Obama was elected and several months before he was inaugurated. It was already starting to crash when he was inaugurated, and had its BIG crash before he was elected.
Anybody who blames the stock market crash on Obama is quite clearly desperate.
Sure. And the crash occurred once it became clear that Obama was going to be the next President.
Sure. And the crash occurred once it became clear that Obama was going to be the next President.
Then why did it start recovering AFTER Obama actually BECAME president? And if that weren't enough it reached new, all-time record highs when he was president.
Sure. And the crash occurred once it became clear that Obama was going to be the next President.
The market tcrashed because of the Bush job market then took off once Obama was in office for two months....
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