.if it were up big time, Bush would be responsible!
No more than Clinton was responsible for the '90s boom. A bit maybe, possibley, but a great many other factors got into it.
Like what factors? Deficit spending, an unpopular war, a tapped out consumer, poor corporate spending due to an uncertain future, increased terrorist activity etc.
No, the president has no control over those things. And if you believe that, Central Park in NYC is for sale and I can get it for you real cheap!
Where have you been? The market started going up in 2003. Since January of this year, its come back down. How many times we have to go through this with you guys?
The NAZ peaked in March 2000. Clinton was President. stockcharts.com[g,a]da... The bottom came in Oct '02. THere was a peak in Jan '04. Since then it has been slithering downward.
Genius, look at the chart you just provided..........the Naz bottomed in Oct., 2003 and started to recover nicely until Jan, 2004 where it stalled out again and started a small downtrend. What that tells you is that business has slowed one more time. After 4 years, we can't get out of the economic malaise that has been dragging us down.
And don't kid yourself..........Bush has everything to do with it! |