Go-Bama...

[kpete]

http://www.dailykos.com/story/2011/03/31/962053/-Just-the-facts,-please:-Stock-performance-under-Clinton,-Bush,-and-Obama

[DrDan]

1. that is kind of a misleading chart

several highs and lows missing

oh well - I get the agenda

[JuniperLea]

3. How so? eom

[DrDan]

4. highs and lows are missing - just inauguration points selected

[JuniperLea]

7. That's pretty weak tea...

The fact remains that the Dow Jones is far higher now than it was during BushII or Clinton. Can you dispute that?

[DrDan]

9. of course - it hit over 14,000 in 2007

[JuniperLea]

2. I blame Obama!

Oh... wait...

:rofl:

[JoePhilly]

5. Clearly proves Obama hates business!!!

And workers, and puppies.

[JuniperLea]

8. He's smothering them with money!

The brute!

[JoePhilly]

10. And savd my 401k in the process.

[SkyDaddy7]

12. You know that does not count...

Seriously, you are not allowed to present common sense facts here on DU if they support the good job President Obama has done as America's "Janitor in Chief"...Folks around here act like Obama came into office with a surplus, a "TRUE" Super Majority, a thriving economy & a BIG MAGIC WAND that would allow him to do anything he pleased!

[JoePhilly]

13. +100

[MannyGoldstein]

6. So the wealthy are doing great under Obama

Surprise.

[JoePhilly]

14. So is my 14 year old neice, who can no longer be denied health care

because when she was 2, she was diagnosed with a very serious form of cancer.

FYI ... neither she, nor her parents, are wealthy.

[MannyGoldstein]

15. I'm very, very glad for your neice

It's fantastic!

But I don't see her on this chart.

[JoePhilly]

16. You see her parents on that chart. And with them, her.

Because if she relapsed, their relatively small, but very crucial 401k, would potentially VANISH.

They are not wealthy. Hardly.

The HCR elements, the recovery of their "small" 401k ... those, and a number of other improvements under Obama, have stabilized their financial lives.

You seem to be suggesting that improvements in HCR and improvements in the DOW are unrelated. The reality is that improvements in both are good for many millions of Americans. Like for my sister and her family.

[MannyGoldstein]

18. Very little of the Dow is owned by the non-wealthy

And 401ks do not need to be invested in stocks. Mine have been in money market funds for the past few years, since Lehman Brothers collapsed. I don't think the markets are safe until Glass-Steagall or something similar is back in effect.

It is certainly true that HCR and improvements in the Dow are good for millions of Americans, although:

1. we still pay twice as much for health insurance as other countries, which makes us uncompetitive and kills jobs
2. the Dow has gone up because corporate profits have soared, but that's happened at the expense of jobs

So now we are at a 20% or so true unemployment rate, and it hasn't budged for years.

[GeorgeGist]

11. Feed the Greed.

[Name removed]

17. Deleted message

Message removed by moderator. Click here to review the message board rules.

[MNBrewer]

19. DJIA is irrelevant to main street