Friday, November 09, 2012
STOCKS FALL 3% SINCE OBAMA RE-ELECT...
Here would be a more accurate headline: Stocks are still up 61% since Obama was elected. That's right, when George W. Bush crawled out of office the Dow Jones was 7,950 and today it closed at 12,815, which is a 61% increase. No Republican has ever even come close to that.
Do you know what it was eight years earlier when Bill Clinton left office? It was at 10,587, so Bush took it from 10,587 down 25% to 7,950. I'd bet you any amount of money that Drudge never had a headline telling his readers that fact.
And, since we're on this subject; do you know what the DOW was when Clinton came into office? It was 3,265. It increased 224% during Clinton's eight years.
So when some punkass teabagger asks you if you vote Democratic because you 'want free stuff', first, smack them in the mouth and tell them that you vote Democratic because Democrats not only create a lot more jobs - more jobs were created over the last three months than Bush's entire eight years - but they do a helluva a lot better with the stock market than Republicans.
Let's see that headline, Sludge.