I go to the local newspaper stand and pic up todays copy of Atlanta Journal Constitution and what do I see
"Dow hits record high"
is everyone here with me in thinking that this is another evil neocon nazi program to support the iraqi war for oil, and send infected vegitables to mexico.
think satire.
2006-10-04 05:54:57 · 15 answers · asked by Anonymous in Politics & Government ➔ Other - Politics & Government
Everyone knows the stock market bubble was crashing when Clinton left office. - The left won't admit it. (anyone remember the nasdaq at 4000?)
He was blessed with low fuel prices post gulf war, and fortunate enough to sit in office during the dot com boom that he should take no credit for.
Contrast that with the recession that GW picked up, the complete destruction of a city, 2 wars, the greatest Terrorist attack on the US and its economy and the highest fuel prices to follow.
The fact is that GW actually had challenges in office, and Clinton just sat there looking pretty. Even if the next president had to pick up after him next term.
2006-10-04 06:07:03 · answer #1 · answered by Anonymous · 1⤊ 1⤋
A little economy lesson for you:
The Dow Jones Industrial Average hit a record high today: 11,727 -- four points higher than the previous record, set January 14, 2000. So if you invested $1,000 in the 30 companies in the Dow six years and almost nine months ago, you'd have $1000.34 today!
But, alas, if you invested that same amount in the S&P 500 Index (which in the winter of 2000 was bubbliciously full of tech stocks) you'd have only $910.56, and if you "invested" it in the companies in the Nasdaq Composite (the souffle of '90s equity indices) you'd have just $552.04.
Now, doesn't that make you feel better about the economy?
Rethugs can't govern can't add can't tell the truth.
2006-10-04 05:59:00 · answer #2 · answered by Anonymous · 2⤊ 1⤋
Oh - it's Adam!! Hi Adam!!!!!!!
Adam's the BEST!!!! He doesn't understand the world at all...but Adam rules!!!
The economy is in the toilet...and the problem is that the stats don't reflect what needs to be reflected.
The gap between the rich & the poor is the worst it's EVER been. If you are rich -- the life is GREAT.......if you're working/middle class - you're probably in debt & using your credit cards for even the most basic necessity.
Once the middle class gets completely squeezed out....the economy will completely collapse - and those who continue to vote for "corporate welfare" and tax cuts for the rich will have no one but themselves to blame.
Bush & the rest of the neoCon crew really only have about 10% of Americans' interests at heart. However - what they're GREAT at, is convincing lots & lots & lots of people in the other 90% to vote AGAINST their own interests - through various deceptive methods.....that, however, would take a novel to outline.
2006-10-04 06:39:40 · answer #3 · answered by captain2man 3 · 0⤊ 2⤋
The dow hit a record high in October 1929, too.
Think relevance.
2006-10-04 05:59:31 · answer #4 · answered by kent_shakespear 7 · 0⤊ 0⤋
This is the worst economy since Herbert Hoover! To bad that wasn't Dem satire
2006-10-04 05:58:10 · answer #5 · answered by fat_american 2 · 0⤊ 0⤋
You precise you on the instantaneous acquire a tax smash - extremely each and each and each and each man or woman in Y/A receives a tax smash below Bush. Bush did no longer genuinely furnish a tax smash to the middle form the adverse form yet to the proper form as well. all of us were given one. Obama desires to augment the Bush Tax breaks on all of us. and then on extraordinary of elevating everyones taxes he is going to augment the proper form taxes significantly better. The redistribution of wealth comes into play the position in case you do no longer pay taxes then portion of the taxes taken from the proper form will take delivery of on to human beings that do no longer pay. it truly is socialism. in case you do no longer make contributions to society why then might want to society preserve you? (disability and the elderly are the only exceptions)
2016-11-26 02:30:30 · answer #6 · answered by Anonymous · 0⤊ 0⤋
Wow, a complete circle in only 6 years.
2006-10-04 05:58:38 · answer #7 · answered by Fire_God_69 5 · 0⤊ 0⤋
And unlike the stock highs under Clinton, these are soundly thought out investments, not greedy dot com specualtion.
2006-10-04 05:57:51 · answer #8 · answered by Have gun, will travel. 4 · 3⤊ 1⤋
It's October...surprise!
2006-10-04 05:57:19 · answer #9 · answered by Anonymous · 2⤊ 0⤋
Is this like OH the economy is strong everyone has money everything is great HYPE! Well fake-out rich man i & millions of Americans are NOT doing well and do not have job security or financial security! Thanks to our corrupt capitalistic society!
2006-10-04 06:12:31 · answer #10 · answered by bulabate 5 · 0⤊ 1⤋