Markets Fall, So Do Presidential Polls

Discussion in 'Politics' started by Annie, Jul 8, 2009.

  1. Annie
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    Annie Diamond Member

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    All the talk of '2nd Stimulus' isn't helping:


    Rasmussen Reports™: The Most Comprehensive Public Opinion Data Anywhere

     
  2. strollingbones
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    strollingbones Diamond Member

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    i am more concerned with about anything than presidental polls....
     
  3. Annie
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    Annie Diamond Member

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    Well if the politicians felt the same, we'd all be in better shape. Unfortunately they are exceedingly concerned and so far Obama has shown a strong desire to use them to frame what he says, not what he's doing.

    Right now, he seems to sense that he must act quickly to shove through his programs, including perhaps a 2nd stimulus and health care, he knows time is running out. So, are those actions in the country's best interests, given the state of debt and the overall economy?

    Americans are getting cold feet over Democratic proposals | Washington Examiner

     
  4. Tech_Esq
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    Tech_Esq Sic Semper Tyrannis!

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    I said in February that Obama had until August to start producing results. It appears that I got that one right. If he cannot point to substantial economic successes by the end of August things are going to shift rather suddenly on him. This is especially true because employment is a lagging indicator and likely to continue to slide through the end of the year. Therefore, people will be in no mood to hear rosy announcements from Obama about the economy.

    If there is still no improvement by the end of the year, Obama can look for approvals in the Bush range in 2010.
     
  5. Mad Scientist
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    Mad Scientist Deplorable Gold Supporting Member Supporting Member

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    The Honeymoon is over.
    Dead Cat Bounce has reached it's apex.
    Unemployment will continue to rise.
    Obama will continue to do all the wrong things.

    The best thing that could happen for America and Obama is a Conservative Congress is elected, turns the economy around and Obama gets' the credit because it happened on his watch.

    Stimulus II will seal his fate.
     
    Last edited: Jul 8, 2009
  6. strollingbones
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    strollingbones Diamond Member

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    markets finished up today.....by about 15 pts....
     
  7. jreeves
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    jreeves Senior Member

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    LOL...unemployment is 9.5% and Obama said if we passed Porklus bill it wouldn't go above what 8%.

    Blaming Bush only works for so long.....
     
  8. Xenophon
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    Xenophon Gone and forgotten

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    BO is talking about TRILLIONS more of debt when his 'stimulous' has proved to be a massive failure by his own standards.

    I can't imagine how anyone can keep supporting this fool.
     
  9. Baruch Menachem
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    Baruch Menachem '

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    Vegas depends on repeat customers. All the 0bama customers are like the folks at the slot machines with the paper cups full of change and lots of hope every time they pull the lever
     
  10. eagleseven
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    eagleseven Quod Erat Demonstrandum

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    And how many hundreds of people lost their job today?

    In June, about 500,000 people lost their job, while the Dow went up nearly 600 points. Using your logic, we need to lose 1,500,000 more jobs for the Dow to reach 10,000.

    Don't you love Obamanomics? So magical....it's like they're making up the numbers!

    Cook the books? Yes we can! How else can an increase in unemployment of 500,000 in May increase unemployment by 0.5%, and then, in June, a similar 480,000 increase in unemployment result in a 0.1% unemployment bump? And this is hailed as improvement?

    Our Media needs an Economics 101 lesson. Although algebra would be a start...our government's formulas are dishonest.
     
    Last edited: Jul 9, 2009

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