i agree with Pig Porky and you should, too, if you have a brain in your head.
this is all from this thread: http://www.elitetrader.com/vb/showthread.php?s=&threadid=17079&perpage=6&pagenumber=1
Quote from Pig Porky:
Look at the results of this poll. The most popular opinion for why the unemployment rate is at 6% is because of Bush's policies. What a bunch of BS. The real reason is the markets have been going down. The effects of it spread to cause problems like this.
GWB certainly didn't cause the stock market to stop going up. The markets don't go straight up. They have to have their downturns. When the downturns happen, people make up bogus explanations for everything. Just like the markets are chaotic, so is just about everything else, including the unemployment rate. Sure, there are things maybe Bush could do to help, but to blame all this on Bush's policies is just STUPID.
Quote from Pig Porky:
If people were taxed too much, the money should be given back to the people that overpaid. If I buy a $50 radio and pay for it with $100, they don't keep the extra $50. Why should the government?
HERE IS THE POINT OF MY THREAD:
Presidents don't have complete control of what happens while their president. Sure, they're powerful, but they still can't control everything. I wouldn't give total credit to Clinton for a good economy and I won't give credit to Bush for a good or bad economy. It is really just beyond one man's decision making. Most likely, the good economy during the Clinton years had more to do with what happened before him, rather than the decisions he made. However, I'm not saying he had no impact. I'm just saying that it's all a chaotic mess.
If the market were to bottom and Bush doesn't get re-elected, then the next president will be given credit for such a great economy. If it's bad, they'll blame it on Bush. People just need to stop the blame BS and understand what really goes on. A president does the best he can, but does not have control over everything. If the markets are going to continue going down, they will go down no matter what Bush does.
this is all from this thread: http://www.elitetrader.com/vb/showthread.php?s=&threadid=17079&perpage=6&pagenumber=1