To: Olog-hai
2 posted on
03/15/2013 2:29:23 PM PDT by
Gator113
( ~just keep livin~)
To: Gator113
Obama et al have been taking credit for the stock market rise -- but, a better term would be inflation. As in the inflation of a bubble. Trillions of dollars have been created from thin air, in recent years. That is the same thing that (in large part) led to the historic rise of the stock markets (especially NASDAQ) during the Clinton years; and, in turn, the bursting of that bubble on March 10, 2000.
Granted that the "bears" do sometimes resemble Chicken Little. OTOH, sometimes they're right. We even have a name for people, who can usually tell whether it's the bears or bulls that are right: "rich".
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