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Old 09-06-2012, 03:11 PM
 
7,543 posts, read 11,595,886 times
Reputation: 4088

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Stocks hit 4yr high toady this is great news for our economy & people still believe that we are not better off than 4yrs ago

US STOCKS-S&P 500 hits more than 4-year high after ECB move | Reuters
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Old 09-06-2012, 03:12 PM
 
Location: Norman, OK
3,478 posts, read 7,265,306 times
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Wait, stocks hitting a high = WALL STREET is doing well. Elizabeth Warren told us last night that the rules are rigged and that those fat cats are the only ones doing well. We were told last night that the economy cannot be doing better if the middle class isn't working. UE is > 8% still.

Sorry, cannot have it both ways.
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Old 09-06-2012, 03:13 PM
 
Location: Portland, Oregon
46,001 posts, read 35,248,440 times
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Bad news for the Cons that were hoping the economy would fail to make Obama look bad.
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Old 09-06-2012, 03:15 PM
 
7,543 posts, read 11,595,886 times
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^^^ GOP has failed on all there attempts to make Obama a 1 term president L O L
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Old 09-06-2012, 03:15 PM
 
Location: Portland, Oregon
46,001 posts, read 35,248,440 times
Reputation: 7875
Quote:
Originally Posted by wxjay View Post
Wait, stocks hitting a high = WALL STREET is doing well. Elizabeth Warren told us last night that the rules are rigged and that those fat cats are the only ones doing well. We were told last night that the economy cannot be doing better if the middle class isn't working. UE is > 8% still.

Sorry, cannot have it both ways.
Actually we do need to put more people back to work and strengthen the middle class. The improving stock market is a great example of people investing their money and helping the economy grow. Bad news for the Cons.
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Old 09-06-2012, 03:15 PM
 
3,345 posts, read 3,080,151 times
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It was high 14's under Bush..... and we all know how THAT ended

It is funny to see the bedwetting crowd get all happy on phantom econ though
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Old 09-06-2012, 03:16 PM
 
10,545 posts, read 13,603,127 times
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When the stock market was recovering from the recession Bush inherited, the left complained that it was the rich and that it was a jobless recovery. What changed other than the R to a D?
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Old 09-06-2012, 03:19 PM
 
3,345 posts, read 3,080,151 times
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Quote:
Originally Posted by Rggr View Post
When the stock market was recovering from the recession Bush inherited, the left complained that it was the rich and that it was a jobless recovery. What changed other than the R to a D?
That is all they know.... they have been taught to hate the other side with no exceptions

That is how the partisans roll these days
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Old 09-06-2012, 03:24 PM
 
Location: Pluto's Home Town
9,982 posts, read 13,782,860 times
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Quote:
Originally Posted by Rggr View Post
When the stock market was recovering from the recession Bush inherited, the left complained that it was the rich and that it was a jobless recovery. What changed other than the R to a D?
No, we're not happy with the economy as a whole. And Bush did preside over a jobless recovery. Obama may as well, we'll just have to see.

But tell me, if the stock market dropped 1000 points tomorrow, would you not be using that as evidence of Obama's failed presidency? Can't have it both ways either.

For all the talk of intimidated business folk, I see a fair bit of optimism in these numbers.
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Old 09-06-2012, 03:27 PM
 
5,341 posts, read 6,534,570 times
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A one day swing means there were some good buy's today...that's about it
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