"But if it is to be a R win then we are still on course. "<br><br>Oh yes, I suspect there are a lot of rich people sitting around in meeting rooms hemming and hawing over how it is not going to be nearly as easy under the Democrats. Boo fukking hoo.<br><br>We are what we repeatedly do. -Aristotle
_________________________ We are STILL what we repeatedly do - insists Aristotle
I have to agree with Gary, Poly, and Yoyo, and others... the market doesn't care Who is in the WH, what they do care about is the policies in place. I think the market did great during the Clinton years... the 2000-2001 downturn wasn't due to Clinton per se but the Dot-com- bust ! One reason the 90's were great was the $ was stong... we got our fiscal house in order... began paying off the debt- had a surplus... huge growth in jobs >20,000.... even with the increase in taxes on the top 5%... it was still booming - that's a fact - go back and look at the numbers !<br><br>Look today... huge debts ($9 trillion), huge deficits $500 Billion + (they take the war costs OFF the table - how about if I take my home mortgage off mine ?? ), mortgage crisis, stuck in a costly war with no end in sight... exports at record high... very weak $... jobs losses = unemployment going up. THAT's what the market is reacting to. <br><br>to say it's anything else is absurd, silly, and groundless.<br><br>David (OFI)
And you should take a lesson in mojo presidential economics (MPE) and blame the dot com collapse to investors realizing there was a chance George Bush could actually win! Using MPE the world now makes sense.<br><br>
Loc: Syracuse, NY
You're close. But if you remember algore had more of the popular vote in 2000. The markets are THAT sensitive. Luckily GW actually won and the economy had to get over that slight hiccup of possibility that a D was going to be in office. The economy finally hit the right altitude along about late '02 under a GOP admin. No need to thank us. <br><br>
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