Quote:
Originally Posted by scout
The DOW being up 30 percent has done nothing to help the average American. This boom will do little to help Americans in general. It is only up on the prospect of companies making money in China and a few other up and coming third world countries. It has done nothing to lower unemployment. It has done nothing to bring lost jobs back. It has done nothing to help the middle class. What it has done is serve to again make the rich richer and the poor poorer.
*edit* and if the only positive thing we can talk about since Obama took office is the DOW being up 30% on the prospect of companies making money in China we are in deep shit aren't we?
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There are numerous other economic indicators that have been rising in recent months.....wholesale sales and inventory, retails sales, new housing construction, etc. all of which are a positive sign that the economy is improving, and certainly better than in January of this year.