Wednesday, October 14, 2009

10,000!

10,015.86 to be exact.

That would be an increase of 53% since the Dow hit its low in March, seven months ago, and 40 days after Barack Obama became President.

Let's hear it, Conservatives- Obama hasn't done a thing to make the economy recover, right?

Update: It starts:

"Dow 10,000 just isn't that big a deal, House Republican leader John Boehner said Wednesday morning."

3 comments:

Derek said...

Post hoc ergo propter hoc much?

Green Eagle said...

Derek'

I take your point.

I won't accuse you of this, but every day I see republicans/conservatives blaming Obama for every single weakness in the economy, even ones that began long before he took office. It's the blatant hypocrisy that I am talking about here, not Obama's role in the Dow's recovery, whatever that may be.

In fact, I agree with you that, other than perhaps giving people a more positive attitude (as Reagan did, early in his term) Obama may not have been a major player in the rise of the Dow, which, incidentally, I do not see as a good sign of the health of the economy. But he isn't a major player in the rise of unemployment, the bursting of the housing bubble and a hundred other things that Republicans like to blame on him.

Grung_e_Gene said...

Bush saved the Economy says totally not Republican Supporting Fox News host Neil Cavuto.

Of course, 7 months ago Neil Cavuto was blaming Obama for the DOW.

Its Awesome!