Dow Jones down 18% since Obama was elected (Ron Paul, Reid, leader)
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3. Claim that Obama is a failure because he hasn't magically fixed everything yet
If you're pressing these arguments, you are a pathetic numbskull more adept at flinging talking points than actual thought. If the shoe fits ...
Yup - and then there's the one from the poster above claiming that the layoffs are because of Obama's election.
The fact is there are massive layoffs EVERY TIME the Dow crashes - and always for the same general reason - company execs don't like it when their stock is down. They get pressure from the shareholders and board of directors, and their OWN stock options often become worthless - so there is a natural push to try and get the stock price back up ASAP. Generally that means cutting costs, which almost always means cutting jobs. Shedding jobs after a market crash is not a situation unique to Obama's election - it happens EVERY TIME there's a market crash.
Folks need to quit listening to partisan Right-Wing pundits and start using some common sense. It doesn't take a rocket scientist to know that when the market crashes folks are going be losing their jobs shortly thereafter - it's a very familiar story - one need only look back on the Great Depression to understand that.
Folks can certainly disapprove of and disagree with Obama - but claims that the current market crash and subsequent layoffs are somehow his fault is just plain ignorant. Those events were in motion long before he was ever elected.
Yeah, and Bush received a Surplus from Clinton and when he left office he gave Obama a huge Defitic, a nation broke, two wars and countless other problems.
Yeah, and Bush received a Surplus from Clinton and when he left office he gave Obama a huge Defitic, a nation broke, two wars and countless other problems.
Yup.
What a disaster his Presidency has been.
But you know, that's what happens when you select your President based on the fact that "he's the candidate you'd most want to sit down and have a beer with" - instead of who is the smartest and most capable.
Why is it that people still percieve the current economic crisis as the sole responsaibility of one political party? Can we see beyond the rethoric, and actually understand that both parties have contributed to the current debacle? As far as I can remember, Reaganomics was not the beginning, but certainly accelarated the process. This demagogy they are following is the blue print that Winston Churchill spoke about at the end of WWII. Is it me or the Bretton Woods meeting in Rhode Island is an aweful coincidence or should I say confirmation?
Anyway, I have yet to see an economic plan set by the IMF and World Bank that actually works for the interest of the people. Back in 89' Venezuela received what was called the austerity plan which ended in massive rioting and hyperflation. Obama's plan certainly brings a lot of bad memories. And I have heard these words in his mouth which makes me crinch.
I would like to ask republicans if when the stock market rebounds, will they give credit to obama or will it be because of external, unrelated factors?
. . . Of course, I'm sure you were starting threads bellyaching about Bush when the DOW plummeted during the home stretch of his term right? Right? Or was that Clinton's fault?
And the market keeps free falling, another 300 pts today. It seems that the pork laden spending spree by the Dems is not giving most Americans confidence. Way to go Dems
You're simply proving <lamexican>'s point...idealess opposition and mindless partisan resort to the politics of personal destruction. There is no "there" there...
There is nothing mindless about noting Newt's Contract with America and the economic boom times that resulted. Even with the eventual repub corruption of ideals with their prolonged party rule, the boom times did not end until the dems took control of Congress.
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