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Politics : Formerly About Advanced Micro Devices

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To: Alighieri who wrote (717859)5/26/2013 3:20:35 PM
From: i-node1 Recommendation  Read Replies (1) of 1582897
 
>> Very reasonable metric. Why don't or didn't you ask that question during bush's two terms...the Dow declined 1% during his first term and another 24% during his second term...by that METRIC, Obama is a freaking hero...

No, it really isn't. It is ridiculous.

The DOW declined at the end of his second term specifically because of liberal policy implemented a decade or more before. And Obama enjoyed an increase in the DOW which would have happened REGARDLESS of who was president; the only question is why it took so much longer than one would have expected, since in recessions, sharp declines are historically followed by very sharp recoveries. Not this time.

The wasted trillion dollar stimulus hurt far more than it helped, and Obama policy has killed the economic recovery that obviously would have happened without these policies. At this point in time we should looking at a booming economy with robust growth. Yet, we're stuck with a "jobless recovery", weak growth, and frankly, no real reason to anticipate any improvement at all.

Obama has fucked America, economically speaking.
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