Could it be that their side are the uneducated dope smokers we knew in high school who quit to work at McD's.
Thank you President Bush, we are finally recovering from the greedy years of that other guy, whats his name.
2006-10-18 05:40:47 · 21 answers · asked by Meow the cat 4 in Politics & Government ➔ Other - Politics & Government
LOL!!!!!! Just think if it was in Kerry's hands we would of been in the low 5000 by now!
2006-10-18 05:42:41 · answer #1 · answered by proud mom ♥ 4 · 3⤊ 2⤋
The answer is politics. The quickest way to win an election for either side is too make the economy appear bad. This is because it plays on people's personal fears. If you can convince people that they are one paycheck away from complete ruin and the economy could collapse at any moment it becomes an impetus for a change in leadership. Both sides have used this argument at different times in history to change political outcomes. The honest truths are that the market is up, the GDP (Gross Domestic Product) is up and unemployment is down. In short the economy is good, but the argument will continue because it is not facts that matter in politics, it is perception. Convince enough people of any fact and reality becomes a none issue.
2006-10-18 12:48:31 · answer #2 · answered by Bryan 7 · 3⤊ 0⤋
The left wingers will find a way to spin the Dow topping 12,000 to make it look like a bad thing or that there was some conspiracy that caused it to rise, just watch. Just like the guy on here that said that the decrease in unemployment is due to the increase in the amount of new taco bell restaurants opening.
2006-10-18 12:44:45 · answer #3 · answered by Allinwiththenuts 4 · 3⤊ 1⤋
They are so gloomy because with the economy being so strong, all of their LIES about Pres. Bush's financial policies can't stand up. If those lies don't hold water, then all off the Demorats' other lies begin to show how thin they are. That means they will NOT get back into power. That is doom and gloom to them With any luck, Hillary Rottweiler Clinton won't even get re-elected the next time she runs. God willing, we may even see the last of the Kennedys.
2006-10-18 12:46:41 · answer #4 · answered by Spirit Walker 5 · 2⤊ 1⤋
They are gloomy because where the Dow goes is not a real indication of the health of the economy. It is like a gambling casino and anybody can juice the Dow (just lower oil prices for a month or two, or lower interest rates etc.). You need to look at the macro trends to see what is really going on: massive debt, especially to foreign countries, dwindling number of well-paid jobs, too much immigration, too much corruption and waste.
2006-10-18 12:44:44 · answer #5 · answered by Bob M 1 · 2⤊ 2⤋
The problem is the way the system works. Businesses overall are doing very well, but businesses are designed to keep as much money as possible. To get as much work out of employees while paying them as little as possible, to get the most out of materials while paying as little as possible for those materials and so on. They are specifically designed to hold onto money.
But an economy only grows if money is being spent. It cycles through the system and each time it cycles the economy grows. But if businesses get it they don't spend, so the economy slows down. So while the business side of things (the DOW) looks good, the economy is still slow because the working man (and woman) is not getting that money and therefore is not spending that money (because he has to to feed himself and his family, to clothe and shelter them and so on).
George Bush points to the DOW being up and says good economy, the Democrats point to the lack of decent jobs (there are plenty of jobs but not plenty of good jobs, just jobs like McDonalds) as signs of a bad economy. Its basically a matter of perspective; but as a working person myself and not the head of a major corporation, I tend to look negatively on an economy currently set against my current situation.
2006-10-18 12:53:05 · answer #6 · answered by Anonymous · 2⤊ 1⤋
Could it be that we lost 58, oops, make that 65 MORE military men and women so far just this month? NATO just accidentally killed 8 civilians in Afghanistan - which we left unfinished by the way, any one seen Osama? Who REALLY does the Dow topping 12,000 help?!!
You the know the other's guys name. You know , the one you guys blame for everything.
2006-10-18 13:09:46 · answer #7 · answered by T S 5 · 0⤊ 2⤋
It only took 5 years and right before a major election. Maybe it's due to the polls that the democrats are about to take over. Lets see what happens after the elections
2006-10-18 13:00:34 · answer #8 · answered by Gettin_by 3 · 2⤊ 1⤋
because they know theyve lost, and there pure raw hatred for bush over views any sence of happiness. If bush ended up saving a school full of children the republicans would be fuming at the mouth and probubly demand that bush do it all over again to prove he was sincere, then when the kids die, theyd blame it all on bush.
2006-10-18 12:48:35 · answer #9 · answered by Anonymous · 2⤊ 1⤋
Seems to me the stock market was doing great just before the '29 crash, and before the dot com bubble burst. The Dow is one economic indicator. There are a whole lot more out there and it's a long way from Wall st. to Main st.
2006-10-18 12:46:37 · answer #10 · answered by socrates 6 · 2⤊ 2⤋
The higher we go on unsteady ground, the harder the fall will be.
Yeah, that greedy guy who left a surplus that Bush has turned into a major deficit. Yeah, you got your facts straight...
2006-10-18 12:54:25 · answer #11 · answered by fairly smart 7 · 1⤊ 2⤋