Now conservatives pretend they never attacked Obama on the stock market

[telemann]

When the Dow was down below 7,000, Republicans couldn’t stop citing it as ‘proof’ that President Obama’s economic plans had failed. Now that the Dow is in 9,000 territory - up well over 10% since inauguration day - right-wing pundits like J.P. Frere are trying to pretend conservatives never attacked Obama on the stock market. Well, as Faiz Shakir

Comments

[atomicdave]

I am just WAITING for someone to try and claim that it was Bush's policies that helped reverse the stock market...

[ragnarok20]

The market is huge. I've heard some economists claim that, in regards to presidential effects, you generally won't seem them for 4-8 years. In either case, either a worse economy or better one, neither can be attributed to Barrack, from what I understand.

[marxist_thug]

Unless it's your guy in power, and it's up, or if it's not your guy in power, and it's down.

[marxist_thug]

LOL, stay classy. It seems my point went right over your fat head.

I don't disagree that people who blame presidential policies for general upticks or downswings in the market are dolts, but there are plenty of people who know better but still have zero problem blaming the executive because it makes his side look better.

[ladypolitik]

I chuckled.

[madoverlord]

A general concensus from those Ive spoken to is that it is recovering DESPITE him. He wont get credit... and frankly, what it suggests to me is stock market has gotten over being spooked by him. A good step, and one that perhaps says he isnt so bad for it as we all believed, but how much credit to give him, you got me... I haven't a damn clue.