Do you think the Dow 12,000 was due to Democrats raising taxes or lower taxes by GOP?

Answer 1

12,000 is only 300 point higher than it was in 2000. 300 points in 6 1/2 years is atrocious. Even with 9/11 factored in.
It's Bush's economic policy. Don't blame the Democrats.

Answer 2

The economy is much too big and complex to attribute it's success or failure to a president or congress. The things that govt. leaders can do to help the economy are: Cutting spending, lowering taxes( when appropriate not when deficets are at all time highs), and in general providing the people with condifence on economic matters. Bush and the GOP have done nothing to help the economy in the long term. The economy was overdue for a recovery is why it's improving. Whatever happened to conservative ideology? They're supposed to cut spending, lower taxes and balance the budget. President Bush couldn't manage a Wal Mart.

Answer 3

i think it's funny that politicians take credit for things that happen naturally in life...there are ups and downs...good things and bad, they can really screw things up, but how can they take credit for the efforts of 300 million people getting up and going to work. during Bush's term the stock market has fluctuated, just the same as during Clinton's term. I think the difference is the believablity of an administration and how they motivate people...false words (I remember Bush's State of the Union speeches) will hollow out the motivation of people and real words of committment will inspire people, but it's the people that listen to their families and co-workers working together to get ahead that actually accomplish anything. But it's funny that the market is doing so well a month before election...they are mostly conservatives (Wall Street Journal is very pro Republican) they don't look afraid of the impending change in congess this fall to Democrat...Do they like Democrats? Do they think a politically balanced Congress is in order? Do they think the Dem's will flattten out the deficit and get things into the black again?

Answer 4

I remember the last time the Dow went up real high and then a little while later took a terrific plunge. If I remember the date correctly, it was October 29, 1929, the big crash. So you people who wish to take credit for the rise better look again and put on the brakes along with your seat belts.......

Answer 5

It has nothing to do with Taxes. It has to do with consumer confidence and the economy. With a stagnant economy consumer confidence goes down. Watch the trends of the DOW and look at the variables effecting the overall picture. Research when the indicators investors and you will see why.

It is obvious trickle down economics will never work.

Answer 6

The Dow hit 12000 because all of our money is completely devalued right now. Within the past 6 years our money supply has doubled. Look into the federal reserve and you'll realize that the Dow hitting 12000 is about equal to it hitting 6000 6 years ago. Don't believe these BS numbers!!!!!

Answer 7

No

Go back to the basics. What is the DOW?? Is there a war?? Do big corporations make $$$ from war?? If a Corporate CEO makes $$$ does that mean the average American is enjoying the CEO's wealth??

Go big Red Go

Answer 8

It's great Republicans can accept responsibility for the Dow, now how about accepting responsibitlity for what's going wrong instead of blaming Clinton and alcohol...

Answer 9

OK, now take that 12000 and pay that 9 trillion dollar deficit off. Want to take credit for that?

Answer 10

yea, inflation has made this 12,000 mark seem better than it actually is. Peter F got it right.