Quote:
Originally Posted by Air&Road
The Dow is up because most of the key companies on the Dow are profiting from overseas business profits, mostly due to outsourcing. The Dow is NOT, repeat NOT a barometer for the health of the US economy. Try checking GDP and unemployment statistics for a much more meaningful barometer.
I agree that the President is often blamed/credited for the economy. That said, the most important issue that is weighing down our economy is MASSIVELY increased debt aggravated by undue regulations. BOTH B.O. and GW get blame for this. If B.O. gets another term, he will MOST CERTAINLY bury us MASSIVELY deeper in debt, aggravating the situation further. THAT is why he must go, although he probably won't.
|
You simple man: stop and think, anything we do to decrease the deficit will also hurt the economy.