Riffhard wrote on Aug 3
rd, 2009 at 9:51am:
Obama lied. Our economy died.
Riffy
7,949
to
9,171
highest 9,171 (highest so far)
10,604
to
8,599
highest 14,164.53 (record)
these numbers can be dissected many, many ways... if it is how we are going to look at a president, considering 6 months to 8 years, who is doing better???
One thing you can say... despite the highest ever, it only took months until the market lost that value that you, even toted as Bush great achievemnt in oct. 09... short lived. What is true, is Bush left us around 2,000 points down in DJIA after 8 years and in 7 month Obama has seen it rise almost that same amount. What is your argument going to be when or if we reach 10,000? A signifigant increase, especially the banking and mortgage crisis we are in the midst of... the worst known economic hit since 2001 attacks on the US, which crippled wall street ending trading and we took a huge hit...
while we did for a time, make it back to 10k in 2001, by 2002 we were at the mark Obama was at when he took office. How long did it take Bush admin to see us rebound around 2,000k in DJIA points? 9-02-02 djia 7,841... November of 2003 we reached at least 2,000 points up for the first time since the low under Bush. It took literal all that time, and then another 2 plus years of maintaining, until we saw a real econmic recovery. The Clinton hangover, as it was blamed by you. Now, by all my ignorant assesment, Obama has for out performed all expectations in this regard. He's has an econmic 9/11 and for some reason, either you don't agree with that or you don't care enough to support our country in it's time of need. As long as we don't experience an unforseen catastrophe or attack, this trend of growth may continue. Hopefully we will at least see things maintain, like they did during Bush's first term. Don't make me go all She rat and dig out archives on you. i remember what you said at the time, whcih was give it time and see what happens!!!
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