Quote:
Originally Posted by Baraka_Guru
I recently mentioned this in the thread about Obama's performance: The Dow is up around 30% since Obama took office 10 months ago. Oh, and the GDP posted a gain last quarter.
Not a mention of that in the Fox article.
And I'll say this again too: unemployment is a lagging indicator. Much of what you see there could be from events that happened well before Obama even took office.
And rich people are starting to spend money again, which is a good sign as well.
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with no economic policy nor SEC regulation changes, we're to believe that the numbers are better because the numbers are better?
I don't believe it one bit. It's more corporate smoke and mirrors.
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