The more wasteful spending and the more Obama runs his muck the lower the markets go. The downturn may have started on Bush's watch but it's Obama’s now and he gets the blame. The DOW is down over 2000 since Obama got elected and almost 1000 since he took office.
The DOW is down over 2000 since Obama got elected and almost 1000 since he took office.
The decline started in early summer 2008. Bush was still president. It hit the 13,000 level and began a steady decline, with periodic up-ticks.
It went over the cliff soon after the $700+150 billion bailout bill of October 1, 2008.
From the 13,000 peak, the market declined nearly 5,000 before Obama took office.
