Liberals,Obama supporters continually amuse me with the naive and totally OBVIOUS ignorance of business, ratios, i.e. anything to do that requires more then taking their shoes off to count!!! For example, ALMOST ALL of them have obviously never heard of the Price to Earnings ratio one of several benchmarks used to buy or sell stocks. Now this little benign ratio is directly related to Obamacare, the hundreds of companies like Walmart that are reducing their operating costs by reducing their employee health care programs. Primarily due to what the experts, i.e. actuaries (again for you liberal/Obama neophytes actuaries calculate what the health insurance premiums will be) that premiums starting in 2013 will increase over next 5 years by 122% for the private health insurance policy holders. This ratio will mean employer insurance premiums will also climb. And so the financial people at public held companies like Walmart have to look at their operating costs going up and that is bad for the P:E ratio! See again for you totally ignorant liberal/Obamacare people.. For example, if a company is currently trading at $43 a share and earnings over the last 12 months were $1.95 per share, the P/E ratio for the stock would be 22.05 ($43/$1.95). But if the earnings (due to increased costs, like Obamacare is projected to do...) decrease to $1.00 per share.. The ratio would be 43 ($43/$1.00). As a result someone looking to invest would have to invest $43 to earn $1.00 whereas with higher earnings of say $2.00 the ratio would be lower i.e. take less money to earn higher earnings. Price-Earnings Ratio (P/E Ratio) Definition | Investopedia Which means more expenses i.e. Obamacare means less earnings which means higher ratio which means value of share MUST decline! So tomorrow when the market opens on the bad news of millions of people watching their value of their 401Ks, or stock portfolios going down..down...down... just remember people all that gloating about Obama's win??? I predict a market fall of over 200 points tomorrow close of DJI!