User banned
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Join Date: Nov 2011
Posts: 14,477
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User banned
Join Date: Nov 2011
Posts: 14,477
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US stock market nearly doubles in 4 yrs
Im amazed that this isnt mentioned in debates..not even touched upon in the US presidential debates
in feb 2009 the dow jones was 7250 today its 13780
thats a 90% rise in the value of americas top companies under obama
did obama not mention it for fear it may disillusion the working class democratic voters?
did republicans not mention it as it shows obama is not a socialist and shows how successfully americas top companies have weather the economic storm under obama
US unemployment is now 7.7% similar to ours, but their economy has grown much quicker.
but the debt to gdp ratio, maybe the most vital economic indicator of all has dropped from 3.59 to 3.26 so theyre in a far healthier position to start paying off some debts....all this and healthcare for all too.
obama has passed way way more bills tightening regulations on coporate corruption and also on repayment of these trillion dollar bailouts...despite this it seems the tighter regulations is in fact helping the top companies find greater economic discipline and getting their house in order...a 90% rise in value is an enormous climb in just 4 years
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