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I guess Wall Street is feeling better after listening to Obama's State of the Union last nite.
Stocks fall as jobs, manufacturing data disappoint - Yahoo! Finance (http://finance.yahoo.com/news/Stocks-fall-as-jobs-apf-1436636166.html?x=0&sec=topStories&pos=main&asset= &ccode - broken link)=
You had to have known the DOW would drop after Obama's SotU. Obama is an amateur when it comes to creating wealth and jobs. He has least the amount of private sector employees in his adminastration than any other presidency.
A Jobs Bill!!! What is he thinking. He won't hood wink the American public again. The stimulus was to keep unemployment at 8%, real unemployment is ~17-20%, the stimulus didnt work and a jobs bill won't work. Wall Street isn't buying it. The American public isnt buying it. We don't want a spending freeze, we want the PORK CUT. +9,000 earmarks in the first year alone. Reduce the deficit. And we want Jobs. Show me job creation! The gov't needs to get it's fat ass out of the private sector. Cut taxes & get out of the way!!!
2010 is the year we are going to focus on jobs. Nevermind the fact we wasted all of 2009 on an attempted takeover of health care while millions more lost their jobs. My bad. But hey, we're here for you now.
Idiots.
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