Dow Jones Reached new high today.
2007-10-01 08:03:13 · 8 answers · asked by Boomer 4 in Politics & Government ➔ Politics
Liberals have been saying that "The sky is falling...", "America is going bankrupt..." since the day Bush took the office in 01/20/2001.
2007-10-01 08:04:25 · update #1
When the stocks market went down hard, Liberals blamed Bush and claimed his economic was a bubble. now, what would you say??
2007-10-01 08:06:37 · update #2
"Bush has nothing to do with the Stocks Market" and "Clinton tripled the DJ index...."
that was not what Liberals said when Stocks Market dropped 500 points just couple months ago.
2007-10-01 08:07:53 · update #3
Specifically to the first 3 answerers:
The Dow DOES have something to do with the average American.The level of the Dow is of concern to American business as an extremely important economic indicator and is used as a tool when making future commitments for tooling and expansion( hiring more workers) When the Dow drops and continues a decline,business' tend to pull back and become more conservative.When it is stable,we maintain what we have,when it is rising at a slow steady rate,we plan for expansion.Some hard tooling purchases require a 2 year lead time,we must use every tool at our disposal to "guess right".
To not see the correlation between the stock market and the economy as a whole is ridiculous.
2007-10-01 08:18:28 · answer #1 · answered by Anonymous · 4⤊ 1⤋
We are talking about how much we owe to China....about how much we are spending on a war with which we do not approve...about how we should be spending on our infrastructure and roads...about finding a way to bring medical costs down and collecting on unpaid bills to keep hospitals from closing. We are happy about the Stock Market, but that is not our concern! We are concerned about insurance rates and the gouging of the middle class. We are concerner about outsourcing and corporate flight to other countries, and about the employment situation in places like Detroit. And, we are worried about global warming and even The Carlyle Group which is aiming at a Global Government! And, we are concerned about bankruptcies. layoffs, foreclosures, and this really bad housing market. We are not worried that the "sky will fall" though!
2007-10-01 15:18:34 · answer #2 · answered by ArRo 6 · 2⤊ 4⤋
I never said it was and the Dow Jones does not make up the entire economy if you were not aware. Sure not all parts of the economy are bad but there are some serious issues that need to be addressed such as the debt and the housing market.
2007-10-01 15:09:30 · answer #3 · answered by Lindsey G 5 · 4⤊ 5⤋
not a liberal but also not a fan of saying the heavily top weighted dow jones is a good indication of how the economy is performing - the economy is not the growth avg of 25 of the biggest companies or 500 for that matter (S&P) although it seems as though both top tier dems and repubs would like it to be being they all basically recvd huge dollars from above companies to finance their campaigns - I am voting for ron paul for the prosperity of americans not the S&P 500 (who would prosper as well under his plans but not at the expense of american lifestyles )
2007-10-01 15:21:40 · answer #4 · answered by rooster 5 · 1⤊ 6⤋
quick question for reference
... are you trying to say GW Bush and Cheney are fiscally conservative?
cuz it seems to me his main priority has been making Lockheed-martin and Haliburton very, very rich
2007-10-01 15:17:59 · answer #5 · answered by Anonymous · 2⤊ 5⤋
For the nine trillionth time:
DOW JONES HAS NOTHING TO DO WITH JOHN AND JANE DOE.
2007-10-01 15:05:50 · answer #6 · answered by Anonymous · 8⤊ 7⤋
What blueridge said.
2007-10-01 15:08:50 · answer #7 · answered by gone 7 · 4⤊ 6⤋
no, pollution holds it up
2007-10-01 15:10:16 · answer #8 · answered by here to help 7 · 2⤊ 4⤋