He's doing it on purpose. After being sworn in, he'll announce no tax hikes on the rich, no increase in capital gains. The market will rebound and when he runs for re-election he can advertise that the DOW was at 7000 when he took office, and 10,500 after his economic policies took effect - a 50% increse. When in fact, the Obama effect put it from 10,500 down to 7,000 in the first place.
They won’t skip the tax hikes, of that you can be sure.
I don’t think that is the plan, Go. Though it might happen.
Hussein has promised increased taxes. If he doesn’t do it, then that WILL be a good thing. But he WON’T trim spending...in fact, he will accelerate it.
Government intrusion into the lives of the average American will be multiplied...and that is how he may be defeated in 2012. (Or, perhaps, challenged from within his own party.)
obama doesn’t care about the stock market. He’s not a left of center capitalist, like clinton. He’s the real deal.
He doesn’t want people to invest in companies any more. Only govt.