For 2/3rds of the GWB Administration we did just fine with the economy overall and unemployment hovering around 4.2% on average..just for the real record.
All I meant by my comment is that we all know the media is in the tank for Obama and will not blame him for anything going wrong. The libs will instead keep saying it's all Bush's fault, just as they've been doing the last eight years. Much more of this bad economic news, though, and I think opinion will begin to turn no matter what lies the MSM tells to save the Obamessiah.
The stock market is a leading indicator, basically looking at what they think the economy will look like in 6-9 months. What is happening now is Wall Street has no confidence Porkulus, the mortgage bailout or the Geithner "I'll have to make this up as I go" plan will work.
That’s right. The nation started really tanking only after the Democrats regained control of Congress.