Do you agree with BHO, the DOW is just a "tracking poll"?
Original post made by Perspective on Mar 5, 2009
BHO QUOTE "The stock market is sort of like a tracking poll in politics. It bobs up and down day-to-day," Obama said. "And if you spend all your time worrying about that, then you're probably going to get the long-term strategy wrong."
Ok..hmmm..Do you agree? If you do, please read this by Chadwick, of "Slate" ( known for its strong left-wing bias, FYI)
"A fall in the Dow means a fall in its component stocks' share prices; a fall in the stock prices means less money for shareholders; less money for shareholders means less money for the company; less money for the company means less money to give to employees; less money for the employees means fewer jobs; fewer jobs mean layoffs."
No, Sir Obama, again you show your absolute lack of comprehension of things economic and reveal why our economy is going down the toilet. Even those who "believed in you", putting their hands over their ears and yelling "lalalalalalala" whenever we tried to call a warning..even they are waking up.
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