plummeting stock market, worthless US dollar or the record foreclosures proof of bushs booming economy?

Question

lets not even bring up energy costs

Answer 1

When everyone else is selling I am buying, when everyone else is buying I am selling. The libsticker economy is booming!

Answer 2

1) Stock market is 1500 points higher than its lowest point in the last year.
2) A weak dollar is good for America. Weak currencies make a country richer and provides more jobs. Ask Japan, China, India, Russia, etc..
3) Foreclosures are because of banks doing risky loans.

Answer 3

Well the stock market is just off record highs, and the summer is a notorious time for 'profit-taking' aka selloffs and price drops.

Record foreclosures sits next to the fact that there are more American homeowners than ever before..


To make the point you want to make, I'd focus on the devaluation of the dollar and the out of control price increases that have to off-set that, or the fact that our GDP growth is expected to go below the EU's this year.

Answer 4

but the DOW........the blind will always refuse to see. Our economy is a paper tiger but I think the first sparks have started to make the paper smolder. We are in a race to the bottom in this country and many people absolutely refuse to believe that fact. How about the thousands of manufacturing jobs that are now extinct, the thousands more that are being outsourced, middle-class America becoming the lower middle-class, people losing their jobs and their homes, their savings and their pensions. In this race to reward the few, the many are losing BIG TIME. I have never in my almost fifty-five years of living been so ashamed of what is happening in my country. Long live the republican party, this is what we get after so many years of their decision making. The destruction of America from the inside out.

Answer 5

Obama is unquestionably one of those great chief on the financial device while inventory industry hitting record highs by using fact human beings do no longer opt for to take the possibility of being categorised a terrorist, so as that they only trust something he says suitable. The apple does not fall a strategies from the tree, or would desire to I say that the nut does not fall a strategies from the shell ha ha.

Answer 6

You cannot lay the blame for a high forclosure rate at the feet of the President. Instead, you need to lay the blame on greedy home lenders who were more than willing to sell people ARMs and make it seem like they were going to live happily ever after when, in reality, as soon as interest rates went up--which they inevitably were going to do--their mortagage payments were going to double or triple.

Or, you can do as I do--blame the suckers for buying ARMs in the first place. They deserve to lose their house for being dim-witted.

Answer 7

I just got back from Europe where a burger cost $10.00 and gas is at $8/gallon. I think the United States is just fine. I'll stick with U.S. energy prices, U.S. jobs versus European or Asian counterparts.

Answer 8

Its true, a spike has risen in our economy. But patients is necessary in these matters. The spike will probably remedy itself. They usually do. No president has ever had control over the day to day fluctuations.

Answer 9

Ok, so we know now that you work for the Publicity division of Al Quaeda, and that you are working on the "gloom and doom" prophecy, but tell me, whats your long term investment program like there?

Are you making weekly deposits into a 401k? You seem...hostile.

Answer 10

You obviously have the economical sense of a 2nd grader.....the stock market goes...up...and ...down
it was at a record high....some people are taking profits...MAKING MONEY...not expecting the Gov welfare checks like your kind..