Stock exchange going over 14,000. They trumpeted how great the economy was because of Bush. Now it is falling like a rock, why aren't the same people blaming Bush for it's fall?
2007-07-30 07:13:28 · 14 answers · asked by douglas m 3 in Politics & Government ➔ Politics
wow wimpy, step away from the bong brother.
2007-07-30 07:33:58 · update #1
I wondered the same thing, where little Penelope and his/her talk about how great the economy is?
2007-07-30 07:17:25 · answer #1 · answered by crushinator01 5 · 6⤊ 1⤋
Probably for the same reasons that an ostrich puts it's head in the sand....they do not think, for if these right wing Re pub (lie about everything) li cans told the truth why wasn't Saudi Arabia attacked over 911...the money,the terrorists and most of all of this came from that country not Iraq nor Afghanistan, but why bother with the truth when a cocaine addicted drunk can stay illegally as President then the U.S.of A. becomes a joke even to their allies.
2007-07-30 07:22:49 · answer #2 · answered by The Brother 3 · 0⤊ 1⤋
And, why aren't the same people responding with claims that Bush had nothing to do with it or that the market doesn't matter?
Well, I will: The President really has little influence on the economy, and the stock market is really only /one/ of many economic indicators (and tends to be a leading indicator, at that, so it speaks more to future expectations than to past policies).
2007-07-30 07:19:05 · answer #3 · answered by B.Kevorkian 7 · 0⤊ 0⤋
Funny thing about the economy and those republicans and wanna bees is that the economy in no way changed their lives. this stuff usually benefits the rich and those already wealthy, it never really affects my life or majority of americans. we all mostly belong to the middle class and lower and none of the latest things in the economy have actually meant any change for the better in our lives, so go on dreaming about being welathy and rich because thats all you can do, when i see changes that will actually make our lives better i'll let you know.
2007-07-30 07:43:24 · answer #4 · answered by nick p 1 · 0⤊ 0⤋
Because they used the stock market rise at the time to (1) take credit for SOMETHING at a time they needed anything for some good news and (2) create a cover for the financial divide that CAN ONLY HURT MOST VOTERS.
Now its falling and we see that their argument was as transparent as saran wrap.
2007-07-30 07:20:24 · answer #5 · answered by Anonymous · 0⤊ 0⤋
for the same reason that libs call Clinton's economy awesome, yet unemployment was higher, people took home a smaller percentage of their paychecks, less people owned homes, less people were self employed, stock fraud was higher.....and Clinton's last 1 1/2 years in office oversaw a recession.
The reason is partisian politics...both for the libs and the cons.
2007-07-30 07:31:07 · answer #6 · answered by lundstroms2004 6 · 0⤊ 0⤋
Given all the stock scams lately it's not surprising to see it rise and fall at dramatic rates. It's got nothing to do with Dubya unless he's behind one of the many pump and dump scams.
2007-07-30 07:19:46 · answer #7 · answered by Matt3471 3 · 0⤊ 0⤋
Now, it's the Democrats fault for having too many poor people with adjustable rate mortgages.
You know that! It's so obvious! If they could only dispose of the poor, this country would be so much better.
2007-07-30 07:18:17 · answer #8 · answered by Anonymous · 0⤊ 1⤋
Bush is responsible for the stock market trending about as much as he is responsible for Hurricanes.
2007-07-30 07:18:19 · answer #9 · answered by Anonymous · 1⤊ 0⤋
Old news there, Just checked and its up 89 points. It was a sell off, which is normal. The investors love that. They are now in their buying their butts off and taking advantage of the deals.
2007-07-30 07:18:18 · answer #10 · answered by Anonymous · 0⤊ 1⤋
That might have been a better question yesterday. The dow is up 100 today.
I think we just let it drop so I could get back in.
2007-07-30 07:17:53 · answer #11 · answered by responder 3 · 3⤊ 0⤋