Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

How can this graph of the Dow be good for Boosh?

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » Archives » General Discussion (Through 2005) Donate to DU
 
Jacobin Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-12-04 11:54 AM
Original message
How can this graph of the Dow be good for Boosh?



I mean, WTF? The Dow has been below where it started when he 'took' office.

Are lower taxes on the rich really making them more wealthy? Wouldn't they prefer a president whose policies grew the economy so they would have more money from the stock market to pay taxes with?

Printer Friendly | Permalink |  | Top
Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-12-04 11:59 AM
Response to Original message
1. Funny money has kept the Dow above 10,000
and that is all the success he needs. Nobody's making any money in the market, but they're not losing that much, either.

Too many people out there think the great depression was caused by a stock market crash, something that was only the final straw.
Printer Friendly | Permalink |  | Top
 
tom_paine Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-12-04 12:01 PM
Response to Original message
2. The Imperial Suvbjects of Amerika are simply disconnected from reality
Orwell was absolutely correct.


Absolutely.
Printer Friendly | Permalink |  | Top
 
nyhuskyfan Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-12-04 12:04 PM
Response to Original message
3. The most important part of that graph...
Is to notice how quick the bounce-back was after 9/11. Then it went down again, before bouncing back to where it was. Compare to the Clinton years. I believe the Dow was around 3800 when he took office, and it was almost 11000 when he left.

This is also the same way they act with their job numbers -- hey we've climbed in the last year, we're almost as high as we were when we took office. Yay us!
That's the Bush economic model -- gut the economy for two years, then talk about how much you've improved since. Yet they criticize the Clinton "bubble", even though the economic slowdown wasn't serious AND even though the economy had grown so remarkably over eight years that a temporary setback or "correction" was hardly a big deal. We had a big surplus, and we could afford plenty of well-targeted stimuli to get things going again.

Not anymore.
Printer Friendly | Permalink |  | Top
 
rkc3 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-12-04 12:09 PM
Response to Original message
4. What's amazing is the Dow was lower in September '02
than after the attacks of 9-11. Wasn't the downfall of the US economy due to the terra attacks and not his policies?

How many times has bush screwed up and when will America learn?
Printer Friendly | Permalink |  | Top
 
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Tue Apr 23rd 2024, 11:30 PM
Response to Original message
Advertisements [?]
 Top

Home » Discuss » Archives » General Discussion (Through 2005) Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC