Cliff wrote:
On Thu, 23 Jul 2009 23:07:09 -0500, "Pig Brick" wrote:


"rangerssuck" wrote in message
...
On Jul 23, 6:19 pm, Cliff wrote:
http://www.usatoday.com/news/washing...ama-poll_N.htm
And, whether the righties want to admit it or not, the NASDAQ has
gained over 22% this year, and the Dow, today, topped 9000 for the
first time since January.

But we're all going to hell in a handbasket.
Big whoop, it was at 14,000 a couple years ago under GWB,

IIRC The Dow reached it's peak under Clinton

It was a bubble, with predictable results.

& fell most of the
time that bushco was messing things up.

That would be the same GWB under whom we enjoyed

23 consecutive quarters of increased GDP
52 months of uninterrupted job growth
2.6% increase in Worker Productivity (vs 2.0 for Clinton, 1.6 for Reagan)
U.S. unemployment rate averaged 4.7%

http://www.usnews.com/blogs/capital-...ic-record.html
http://online.wsj.com/article/SB122039890722392873.html

this was written almost a year ago:
"The main risk is that, if elected, Barack Obama will pursue a "social
justice" strategy. This would encompass higher taxes on entrepreneurs,
savers and investors, more direct government intervention in the
economy, and protectionist policies (including revoking existing trade
agreements) aimed at safeguarding the jobs of his union backers in "old"
industries and public services. If so, the pain is likely to be more
widespread and prolonged."

Pretty prophetic.