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Obama's economic success
Topic Started: Feb 22 2012, 01:18 AM (1,596 Views)
Mountainrivers
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Chris
Feb 22 2012, 11:49 PM
I thought the stock market was a measure of the economy. Employment another. Etc.

I'm not ready to say things have truly improved. Yesterday we hit a new high in the market but it was not sustained. We need to see a trends, not a single fluctuation.
Geesh, Chris! The market has been trending up ever since Obama took office. It's had its ups and downs as usual, but the trend has been on a consistent upside.
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Pat
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quote: "A second recession in the United States was a real fear. But the economy grew faster every quarter last year, and gains in the job market have been impressive, including 243,000 jobs added in January alone."

Here is my take on all of this. Despite Barry's strongest desires and the day and night machinations of his minions, the American free enterprise system, market forces, the economy organically has improved. While Barry tried ramming another job's program down our throats, private industry increased supply of products to meet depressed supply. The demands of the market are being answered. While Barry continued to fight to save the healthcare monster he created, the level minds of our courts have rebuked his attacks on our constitution. While the deadbeats on Wall Street protested, financiers and business leaders worked day and night arranging finances and finalizing plans for new research and development in areas not yet capitalized. The market reacted when the new IPO's hit the streets.

Yep despite Barry, America is healing itself.
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Mountainrivers
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Pat
Feb 23 2012, 12:24 AM
quote: "A second recession in the United States was a real fear. But the economy grew faster every quarter last year, and gains in the job market have been impressive, including 243,000 jobs added in January alone."

Here is my take on all of this. Despite Barry's strongest desires and the day and night machinations of his minions, the American free enterprise system, market forces, the economy organically has improved. While Barry tried ramming another job's program down our throats, private industry increased supply of products to meet depressed supply. The demands of the market are being answered. While Barry continued to fight to save the healthcare monster he created, the level minds of our courts have rebuked his attacks on our constitution. While the deadbeats on Wall Street protested, financiers and business leaders worked day and night arranging finances and finalizing plans for new research and development in areas not yet capitalized. The market reacted when the new IPO's hit the streets.

Yep despite Barry, America is healing itself.
Having read that drivel and admitting I started this thread, I don't think those guys on Wall Street did much of anything to get the economy going. They mostly trade various investment instruments, which create nothing concrete, just paper profits. And I , furthermore, don't believe that stock prices have much of anything to do with the actual value of a company. It's just speculators manipulating the markets for their own benefit.

". Despite Barry's strongest desires and the day and night machinations of his minions, the American free enterprise system, market forces, the economy organically has improved"

I understand that's your opinion, but mine is that those corporations, which had been holding back on expansion plans, see the economy improving and reacted to it.

"While Barry continued to fight to save the healthcare monster he created, the level minds of our courts have rebuked his attacks on our constitution"

I haven't seen where the courts have made a definite decision at all. Where did you see that?

"While the deadbeats on Wall Street protested, financiers and business leaders worked day and night arranging finances and finalizing plans for new research and development in areas not yet capitalized"

You must have been there if you know that's what they were doing. I suspect they were working day and night plotting new ways to screw the rest of us. And probably some of what you said.

"Yep despite Barry, America is healing itself."

As usual, if the news is bad, it's Obama's fault. If the news is good, it's in spite of Obama. The hatred is incredible and speaks volumes about the haters.
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Chris
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Mountainrivers
Feb 22 2012, 11:52 PM
Chris
Feb 22 2012, 11:49 PM
I thought the stock market was a measure of the economy. Employment another. Etc.

I'm not ready to say things have truly improved. Yesterday we hit a new high in the market but it was not sustained. We need to see a trends, not a single fluctuation.
Geesh, Chris! The market has been trending up ever since Obama took office. It's had its ups and downs as usual, but the trend has been on a consistent upside.
One, please get a graph of that.

Two, the market naturally trends up.
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Mountainrivers
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Chris
Feb 23 2012, 12:42 AM
Mountainrivers
Feb 22 2012, 11:52 PM
Chris
Feb 22 2012, 11:49 PM
I thought the stock market was a measure of the economy. Employment another. Etc.

I'm not ready to say things have truly improved. Yesterday we hit a new high in the market but it was not sustained. We need to see a trends, not a single fluctuation.
Geesh, Chris! The market has been trending up ever since Obama took office. It's had its ups and downs as usual, but the trend has been on a consistent upside.
One, please get a graph of that.

Two, the market naturally trends up.
I don't know how to post the graph, but you can click this link and it'll take you there.

http://thenewcivilrightsmovement.com/economy-everything-you-need-to-prove-the-gop-is-lying-with-charts/politics/2012/02/03/34102

If trends naturally trend up, why bring it up?
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Pat
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Neal, I never commented on stock prices.
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Mountainrivers
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Pat
Feb 23 2012, 12:48 AM
Neal, I never commented on stock prices.
Did I say you did? Can you reply to what I did say?
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Chris
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Posted Image

Looks like a rollercoaster.


(For posting images check out http://snag.gy/
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Mountainrivers
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Chris
Feb 23 2012, 01:00 AM
Posted Image

Looks like a rollercoaster.


(For posting images check out http://snag.gy/
Scroll down and look at the Dow chart.
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Chris
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Right, again a single measure, where as the above chart tries to capture the bigger picture.

I hope it continues to improve, regardless of who's in the WH.
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