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Market is down another 300 points today. It looks like....

bdgan

Well-Known Member
May 29, 2008
71,005
51,222
1
  1. Obamanomics isn't working
  2. Deficit spending and 0% interest rates have stopped working
  3. NJ & Fish failed on their claim that the market had hit bottom
It's a little late for the libs to blame Bush so...
  • NJ will blame capitalism (Obama get credit when it goes up but it's capitalism's fault when it goes down).
  • Rumble will say we need even more deficit spending / money printing
  • Catch will say that more deficit spending will ultimately lead to less deficit spending
  • Osprey will throw out a few insults
  • They'll all say we need more taxes on corporations and on investment income (plus a transaction tax). None of them believe that higher taxes on investments reduces the value of investments. These are the same people that think higher cost on labor (minimum wage, new payroll taxes, more paid time off, mandatory healthcare, etc) don't have any impact on employment.
 
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