Posted on 11/26/2014 1:05:35 PM PST by iowamark
You got to ask yourself are you more likely to get infected, audited, and beheaded than you were six years ago.
City pensions invest just like private pensions.
But no, you’re right, a strong DOW means a strong economy. Companies buying up their own stock instead of growing their business is a tide that raises all boats. Just look at how this recent increase in the DOW has affected poverty rates and income inequality!
Don’t be whipping up racism with the whipped cream, Its 50% fat free,, Oprah certified..
I will begin cooking shortly, gluten free is relative, anyway, ain’t none dining with us sooooo...
Bon Appetite!
“You got to ask yourself are you more likely to get infected, audited, and beheaded than you were six years ago.”
Winner!
“Comrades! I have glorious news for you! We have won the battle for production. Chocolate rations have increased by 45 grams. Everything is golden, Ponyboy!”
This wunnerful wunnerful news would account for our new, happy lives, but see below, the dogs ain’t buyin’ it. Is the public being .... stupid? Ignorance is not bliss?
http://thehill.com/blogs/blog-briefing-room/225269-poll-obama-approval-below-40-percent
“President Obama’s approval rating has dipped below 40 percent on the heels of his controversial decision to take executive action on immigration, according to Tuesday poll.
“Some 54 percent of Americans surveyed by Quinnipiac University disapprove of the president, while 39 percent approve. That’s approaching the president’s all-time low of 38 percent approval in December 2013, during the botched HealthCare.gov rollout and anger over revelations about National Security Agency surveillance.
“The president’s numbers are underwater with every party, gender, or age group other than Democrats and voters under 30 years old. A majority of voters say they’re happy Republicans seized control of the U.S. Senate, and a plurality say any resulting gridlock would be the president’s fault.
“With the exception of voters born after 1985, Obama’s approval is deep under water,” said Tim Malloy, assistant director of the Quinnipiac poll.”
/johnny
I think the DJIA has a little to do with Barry....or at least his minions.
We are living in a false economy, fueled by quantitative easing. And since interest rates are zero, all that freshly printed money ends up in stocks.
Number of food stamp recipients 32 million to 47.79 million.
# background check for concealed carry permits 11.2 million to 21.1 million
number gun sales averaged 14 million between 2008 to 2011 and over 20 million between 2012 and 2013.
17 trillion fed deficit
5,000,000 new illegal aliens
and the kicker....
60 dimocrat senate seats now down to 46
255 dimocrat house of reps now down to 188
28 dimocrat governorships now down to 18
that's a pretty impressive record for the anointed idiot.
LOL! And that's fresh enough to hurt the libs right now.
/johnny
Actually, there are only 44 Democrats seated in the Senate. Two members of the Democrat caucus aren't Democrats: Bernie Sanders (VT) is a Socialist, while Angus King (ME) is an Independent.
How come we never hear that Democrat phrase "Recovery for Wall $treet but not Main Street" on the news anymore?
The deficit percentage too. He’s increased the debt so much, any yearly deficit seems small by comparison.
The economy has greatly reduced the number of people with disposable income to be able to invest in the stock market.
You absolutely cannot look around yourself and say that the gains to these sainted middle class individual investors is relevant to the health of the overall economy, and you can not be naive enough to think that the actions of these people have any effect on the DOW.
The DOW has raised largely through Fed shenanigans and companies making conservative moves like buying their own stock or just holding big piles of cash due to uncertainty about new regulations and trying to wait out the pathetic lack of an economic recovery. None of this is good for the overall economy.
Before - you could get 4% on an ordinary savings account, risk-free.
Now - 0.1%. To get any sort of return, you have to go to the stock market, which is historically recognized as a bad investment for people in/near retirement.
Because the letter after the president’s name has changed ... but you knew that, right?
Successful?! What they heck. I had to make a decision in regards to business do I lay off two employees indefinitely or do I cut back my hours and do more at home like taking care of an elderly parent. The two employees are still working and I cut down my time at work. Yes it is tough, but guess what the others appreciate they still have a job and the case loads have increased. The goverment under obama is a disaster. The stock market is only being propped up by the government, the stock market cannot be propped up indefinitely. Other economies in the world are hurting, so say the US is getting better is delusional.
Lots of times, it gets invested before it ever hits their pay check.
/johnny
Congratulations on your 401k having gone up 224%. (According to the graphic the DOW went for 7,949 to 17,830.)
The liberals love to talk about income inequality but they don’t want to talk about the fact that over the last 6 years the amount of money held by the top 1%, or 10% for that matter has significantly increased.
Warren Buffet has done a lot better in the jobless recovery than you have.
Got envy?
/johnny
No, I would say that the proportion of your “arguments” that a personal attacks make you sound liberal.
I’m glad that you still have a 401K but Obama’s recovery has resulted in unprecedented number of people without jobs (therefor no 401K) or working part time (no 401K). When weighed against a stagnant economy, and the cost of gas and food rising dramatically without the average persons real wages increasing at all, the recent increase in the DOW has been irrelevant to most people.
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