Is it because those are poor American's problems to include the poor neo-cons?
2007-07-23 16:37:25 · 10 answers · asked by Chi Guy 5 in Politics & Government ➔ Politics
The following link provides an interesting analysis about the impact of Republican or Democratic presidencies on the market:
http://www.usatoday.com/money/perfi/columnist/krantz/2005-12-02-presidents_x.htm
To summarize, money invested over Democratic administrations does better than money invested over Republican administrations, although the person who wrote this column says that there is no relationship. My suspicion is that he's right.
My suspicion: the current Dow index is a reflection of a bubble caused by war spending. Any big stimulus to the economy results in business doing well.
John Maynard Keynes had the right idea: when times are bad, use deficit spending to stimulate the economy; when times are good, pay back your debts and avoid deficit spending. Too bad that most governments only apply the first half of that formula.
2007-07-23 16:50:14 · answer #1 · answered by Anonymous · 1⤊ 0⤋
The DOW and NASDAQ don't mean anything when they're up because the corporations are making record profits due to outsourcing American jobs and cheap Chinese imports! How many ordinary Americans are sharing in this wealth at the expense of the American worker? Not many! But way too often, the peons so want to identify with the nobility that they live in constant delusion!
2007-07-23 16:43:22 · answer #2 · answered by Anonymous · 1⤊ 1⤋
Why do you claim the deficit spending is soaring when its been shrinking for the past several years?
2007-07-23 17:08:33 · answer #3 · answered by Avatar_defender_of_the_light 6 · 0⤊ 0⤋
"Figures lie and liars figure"
You really think you have to tell anyone about the devalued dollar when they drop 50 bucks or more every time they pull into a gas station? If they need reminding, they aren't paying very much attention.
2007-07-23 16:53:07 · answer #4 · answered by LeAnne 7 · 0⤊ 1⤋
They want liberals to stop complaining about the economy so they can make Bush look like he has actually done something good in his presidency when only the Dow is going up
2007-07-23 16:41:38 · answer #5 · answered by Lindsey G 5 · 3⤊ 3⤋
Republicans know the Dow is driven by a world economy..not the dalliances of emotional liberals looking to write themselves their own ticket on the public dole..
you are way off your game tonight..did Obama's performance
bug you?
2007-07-23 16:42:05 · answer #6 · answered by Anonymous · 2⤊ 3⤋
Those stupid cons.... as if the market has anything to do with the economy.... duh....
and of course only rich people invest in the stock market... all those poor people with billions in 401K's are actually investing in Monoply money and made up funds...
poor poor people....
2007-07-23 16:40:35 · answer #7 · answered by Mr. Perfect 5 · 2⤊ 3⤋
What Country do you live in?
2007-07-23 16:39:51 · answer #8 · answered by smsmith500 7 · 2⤊ 3⤋
I guess you read the Times you really should read a more truthful paper.
2007-07-23 16:40:57 · answer #9 · answered by josh m 5 · 0⤊ 4⤋
they still consult ken lay thru pat robertson
2007-07-23 16:40:03 · answer #10 · answered by Anonymous · 3⤊ 3⤋