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Reply #9: Almost back to Clinton levels!!! [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
HelloDubya Donating Member (35 posts) Send PM | Profile | Ignore Thu Oct-19-06 01:57 PM
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9. Almost back to Clinton levels!!!
Of course the stock market has something to do with the economy. Think about it. In a normal progression, the stock market outpaces pathetic passbook savings account interest. Enter Bush, November 2000. Stock market tumbles, as everyone knows the shrub will hose things up. Over time, normal progression brings it back to the same NUMBER level that it was at 6 years ago. BUT WAIT - Inflation? Does 12,000 now mean 12,000 six years ago? NO! (pulling a Rumsfeld there)

So, the market dive the Bush throne created has ALMOST recovered, but it still has about 1,800 points to go to keep up with the value of the dollar, and that's if you accept the government's view that excludes the artificially inflated gas prices.

So yes, the market does have something to do with the economy - it proves we're NOT BETTER OFF than we were six years ago.

Enjoy
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