Wednesday, December 14, 2011
While Republicans whine over the economy the rest of us are doing better,cant they see that Obamanomics works?
A Bloomberg national poll in March found that Americans, by an almost 2-to-1 margin, believe the economy has gotten worse rather than better during the past year. The Market begs to differ. All of the financial indexes has turned resoundingly positive. The Standard & Poor's 500-stock index is up more than 74 percent from its recessionary low in March 2009. Corporate bonds have been rallying for a year. Commodity prices have surged. International currency markets have been bullish on the dollar for months, raising it by almost 10 percent since Nov. 25 against a basket of six major currencies. Housing prices have stabilized. Mortgage rates are low. This is a testament to the fiscal policies of the Obama team. When will the Republicans remove their blinders of hatred towards the President and see that his policies have proved to be helpful to the economy? I wonder what they will run on in 2012 when the economy is booming and none of it from any of their help.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment