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Originally Posted by 92bDad
The market was going down under the Bush administration, then when the elections took place, the market reacted to the election of Obama. Thus, yes, Obama is responsible starting in November at the latest...if not sooner as specualtion was clearly in Obama's favor.
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yet it declined greatest during bush's tenure, seems you want it both ways, which is not an honest viewpoint to say the least.
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I would even go as far as to say that the market reacted with the pending speculation that Democrats would be in control, which to them, who doesn't matter, but rather the knowledge of the Liberal agenda hurts business and thus hurts the market.
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that's an odd speculation, as the dow has historically increased in value more under democrat presidents than it has under republican presidents.
so history says that your speculation is wrong.
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It is rather naive to pin the blame 100% on Bush...keep in mind the Democrats have now been in charge for 2 years...
So what was the market doing around November of 2006?
But hey, why let reality get in the way of liberal fantasy...
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"fantasy" is believing that the stock market doesn't want a democrat in the white house.
you believe bush has been gone for two years already? just what drugs are you on?
odd, but it seems that you are the only one who has mentioned a word about "pin[ning] the blame 100% on bush"...your attempt at that strawman argument won't fly.