Rush challenges Obama to a debate

Quote from Arnie:

Whether he likes it or not, he owns this economy. Its his policies the market is reacting to. I'm sure if the market were up sharply since his election, you would be giving credit to GWB, right? :D
More...

Please locate for me on the attached when the markets decided to have confidence in Reagan or Dubya. Notice that these charts take in the first year and a half in the first case, and two years, in the second case, of these Republican presidencies.
In the previous chart I posted, given that the market was net down, and down hard, for the eight years that Dubya was around, please locate for me the point when his decidedly Republican policies gave confidence to the markets.
If you were to fall and hit your head on a rock, it would be a meeting of the minds. You can't even figure out when to shut up and try to make everyone forget what you said.
Goes double for you, fhl.
 

Attachments

Quote from trefoil:

Please locate for me on the attached when the markets decided to have confidence in Reagan or Dubya. Notice that these charts take in the first year and a half in the first case, and two years, in the second case, of these Republican presidencies.
In the previous chart I posted, given that the market was net down, and down hard, for the eight years that Dubya was around, please locate for me the point when his decidedly Republican policies gave confidence to the markets.
If you were to fall and hit your head on a rock, it would be a meeting of the minds. You can't even figure out when to shut up and try to make everyone forget what you said.
Goes double for you, fhl.
More...

You're not real bright, are you? In both cases, if you move forward just a bit, you see both charts go up! Why did they go up? Because of tax policies by both Reagan and Bush. Not to mention Bush had a minor event to deal with on 9/11/2001 and Reagan inherited an economy and foreign poliy that had been run into the ground by "Jimmy" Carter.

Please tell me, which of Obamas' policies will have the same effect going forward. Is it higher taxes? More regulation? The government finally taking over health care? Or maybe its the $700B "stimulus" bill.
 
Look, dumbo, you're right with Reagan, and wrong with Dubya, the first (full-term, not sure what happened with either Ford or Kennedy) Prez since Hoover to preside over a net decline in the stock market during his tenure. It wasn't even a decline adjusted for inflation. It was just plain a fall.
9/11 happened in the first year, so it wasn't that, obviously.
More generally, the point is that the markets will do what they want, regardless of the Prez. Reagan made Wall St ecstatic from day one, but it still took two years for it to get off the dime with him, even. But Obama's been there six weeks and all you idiots are beating up on him for what's happened in the markets over six freakin' weeks.
Talk to me in four years.
 
Quote from dave74:

Limbaugh calls Obama's bluff.
More...
Too funny. Crickets will be chirping from the White House on this now...

The Prez has a lot more to be worried about than Rush Limbaugh...good grief, all da Messiah has succeeded in doing is make Limbaugh even more money.
 
You must log in or register to reply here.
Back
Top