Interesting that the numbers show the rise starts in 2007 when the housing bubble popped and REALLY spiked started in November 2008 when P-BO was elected....
coincidence or causation in the market? hmmmmmmm......
DittoTards will always find a way to blame anyone, everyone for the **** ups of their fellow CON$ervative Bush.
Please tell me what legislation Obama passed on the day he was elected that got past Bush's veto pen and a GOP filibuster that crashed the economy in December 2007?
Just a president's very election can set the market in motion. They don't need to do a damn thing. Like when Reagan was elected, darn near the next day the hostages were released because the Iranians, (and democrats here) believed he'd be crazy enough to nuke Tehran. The week after W declared that the presidential drilling moratorium was to be ended, gas prices plumetted to their uninflated price of around 1.60 (which had risen to around 1.80 till Obama's policies have over time, nearly doubled that. So it is not impossible that the market reacted by assuming worst case scenarios were coming under the Obama admin... which they were still a little too optimistic.
Did W make huge mistakes with the bailouts? **** yeah! Is he directly to blame for this unemployment spike? not even close. That spike is on the market reacting to a president who has no clue how to assist business be profitable, but is interested instead on harming it every way possible. I'd pull back too if I owned a company if I saw a dipshit of this magnitude get elected.
You got the president you wanted and the consequences that went with it.
But do continue to blame BOOOOOOOOOSH! I swear, I wish there was a vaccine for people like you.