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LOL! The DJIA is up 5000 points in Obama's term (over 60%, an excellent four-year-return), yet a one-day drop is supposed to be a damning indictment of Obama... LOL, you just can't make this stuff up!
Stocks on the DJIA are purchased and sold with US dollars.
US Dollars are constantly losing value.
I notice you didn't mention family incomes for the same period.
The only thing that happened yesterday is we reached the tipping point sooner than most people imagined would be the case.
The mooches and cry babies have taken over.
They can now decide elections and that means they can vote themselves money.
The six trillion in new debt should have cost Obama the election but it didn't because mooches and cry babies don't care about the future of America.
You can always count on faux news to slant, distort and outright lie.
hey hotair that's probably the seven billionth time we've heard an Obama supporter attack fox news. We get it, you don't like Fox news. But could you perhaps do one little thing to prove you're no a complete idiot? Instead of regurgitating liberal talking points and catchphrases could you actually for one second engage in substantive debate and explain to us how the 6 trillion that Obama added to our national debt benefits us a nation?
hey hotair that's probably the seven billionth time we've heard an Obama supporter attack fox news. We get it, you don't like Fox news. But could you perhaps do one little thing to prove you're no a complete idiot? Instead of regurgitating liberal talking points and catchphrases could you actually for one second engage in substantive debate and explain to us how the 6 trillion that Obama added to our national debt benefits us a nation?
Well I won't speak for Hotair...but the question is simple.. For a stimulus to be effective it needs to be big enough. And due to the opposition from the Right Obama quit way to soon. Should have pumped three or four trillion into the stimulus. You have to turn the economy not help it. And he spent too little.
You have to turn it around...not help minimize the drop. If you don't it costs far more in the end.
Even now a trillion or two in stimulus would probably pay big dividends. But we don't have the balls.
So you let the bad news grow...rather than fixing the problem.
We are now on our way up. And it will happen with Obama as it would have happened with Romney...and Clinton will likely get to destroy the Republicans as the recovery runs its course.
But the ten trillion we will blow could have been six or seven if we had the nerve to spend it when we should have.
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