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Originally Posted by Azure
Actually, quite a few people in the investment business are saying the lack of direction and poor decision making is a big reason the stock market is crashing.
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That's different than saying Obama's 'sensationalism' is the problem, I don't think he's under or over-stating the nature of the economic emergency.
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Or did you 'not' read any of the articles I posted. Kramer, Krugman....they're all saying the same thing.
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I read the article. Looks like they're saying, "There is an economic collapse right now, and Obama is President for it". Hardly damning. The end of the article says;
"Jon Merriman, chief executive of brokerage Merriman Curhan Ford, cautioned that the stimulus package will take time, probably six to nine months, to work its way through the economy.
Time is something Obama has plenty of. Ronald Reagan wound up with a healthy 135 percent gain on the Dow for his time in office. Gerald Ford picked up a respectable 23 percent for his shortened term.
"The guy's been in office for two months," Merriman said of Obama. "We gave the last guy eight years. Let's give this one some time."
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Or did you 'not' read any of the articles I posted. Kramer, Krugman....they're all saying the same thing.
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Oh, and 'learn' how to use 'quote' marks... your 'continued misuse' of them makes 'baby' Jesus 'cry'. 'FYI'.
