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Stock Market Has Zoomed Under Obama

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Anonymous

Guest
Stock Market Has Zoomed Under Obama


While much of the discussion about Obama's economic performance has focused on jobs, that is not the only metric. Another one is the stock market, which has performed extremely well since Obama took office. The S&P 500 index is up 74% since Jan. 20, 2009. One has to go back to Dwight Eisenhower's first term (1953-1957) to find a President whose first term showed this much stock market growth. For people with no stocks and no jobs a surging stock market is of little consolation, but most people are employed and many of them have investments or retirement accounts that have soared under Obama. They may not regard his presidency as an economic failure at all.
 

gearhead

Well-known member
Oldtimer I told you to release that third leg of obamas and wake up. The stock markets are at the level when he was elected and are only doing good because they are being propped up by the fed and not cause they are strong. Anybody that had stocks at the previous time of +13,000 definitely are not at the same level they were. Let's quit kidding ourselves there Oldtimer your oblamer hasn't done anything but spend spend spend. NOTHING. [/img]
 

Tam

Well-known member
Oldtimer said:
Stock Market Has Zoomed Under Obama


While much of the discussion about Obama's economic performance has focused on jobs, that is not the only metric. Another one is the stock market, which has performed extremely well since Obama took office. The S&P 500 index is up 74% since Jan. 20, 2009. One has to go back to Dwight Eisenhower's first term (1953-1957) to find a President whose first term showed this much stock market growth. For people with no stocks and no jobs a surging stock market is of little consolation, but most people are employed and many of them have investments or retirement accounts that have soared under Obama. They may not regard his presidency as an economic failure at all.

Let's see according to Oldtimer the Stock market has ZOOMED and SOARED UNDER OBAMA

To that all I can say is to bad so has the UNEMPLOYMENT RATE, FOOD STAMP USAGE and GAS PRICES. :roll:

Say Oldtimer just how many unemployed do you think are actually investing in the soaring Stock Market. I'm betting most are using their money to put food on their table and gas in their tank. Thanks to Obama's failed policies :wink:
 
A

Anonymous

Guest
Tam said:
Oldtimer said:
Stock Market Has Zoomed Under Obama


While much of the discussion about Obama's economic performance has focused on jobs, that is not the only metric. Another one is the stock market, which has performed extremely well since Obama took office. The S&P 500 index is up 74% since Jan. 20, 2009. One has to go back to Dwight Eisenhower's first term (1953-1957) to find a President whose first term showed this much stock market growth. For people with no stocks and no jobs a surging stock market is of little consolation, but most people are employed and many of them have investments or retirement accounts that have soared under Obama. They may not regard his presidency as an economic failure at all.

Let's see according to Oldtimer the Stock market has ZOOMED and SOARED UNDER OBAMA

To that all I can say is to bad so has the UNEMPLOYMENT RATE, FOOD STAMP USAGE and GAS PRICES. :roll:

Say Oldtimer just how many unemployed do you think are actually investing in the soaring Stock Market. I'm betting most are using their money to put food table and gas in their tank. Thanks to Obama's failed policies :wink:

Lets see- gas prices lower than the GW highs leading into the Bush Bust,
local unemployment rate of 5%- with employment agencies advertising today they have 100's of jobs available.
record wheat crops- with wheat priced at $10
record cattle prices all year- with local calves already contracted near $1000 a piece ($1.75 @ 550lbs- end of Oct delivery)..
Economy booming so well the County Commissioners announced they can give a 9.7% raise to county employees without raising taxes:

Valley County Commissioners Consider 9.7% Increase In Pay For County Employees

Wednesday, August 8th 2012

The Valley County Commissioners are considering a 9.7% increase in pay for elected officials and all full time county employees.

At a meeting yesterday, the commissioners agreed to put the numbers together on the cost of a $1.60 an hour pay increase for county employees. Commissioner Bruce Peterson said that $1.60 an hour increase comes out to 9.7% and would cost the Valley County an estimated $300,000 per year.


The commissioners have a budget hearing set for August 21st and this is when they would finalize the budget for fiscal year 2012-2013.

Commissioner Dave Pippin noted that this budget will have no increase in taxes and that the budget picture for Valley County looks good.

Bruce Peterson said that Valley County has excellent employees and they do an important job and it is important to hold on to them instead of losing them to higher paying jobs.


NO- you will not be able to convince me that I was better off under GW...
 

Tam

Well-known member
Oldtimer said:
Tam said:

Let's see according to Oldtimer the Stock market has ZOOMED and SOARED UNDER OBAMA

To that all I can say is to bad so has the UNEMPLOYMENT RATE, FOOD STAMP USAGE and GAS PRICES. :roll:

Say Oldtimer just how many unemployed do you think are actually investing in the soaring Stock Market. I'm betting most are using their money to put food table and gas in their tank. Thanks to Obama's failed policies :wink:

Lets see- gas prices lower than the GW highs leading into the Bush Bust,
local unemployment rate of 5%- with employment agencies advertising today they have 100's of jobs available.
record wheat crops- with wheat priced at $10
record cattle prices all year- with local calves already contracted near $1000 a piece ($1.75 @ 550lbs- end of Oct delivery)..
Economy booming so well the County Commissioners announced they can give a 9.7% raise to county employees without raising taxes:

Valley County Commissioners Consider 9.7% Increase In Pay For County Employees

Wednesday, August 8th 2012

The Valley County Commissioners are considering a 9.7% increase in pay for elected officials and all full time county employees.

At a meeting yesterday, the commissioners agreed to put the numbers together on the cost of a $1.60 an hour pay increase for county employees. Commissioner Bruce Peterson said that $1.60 an hour increase comes out to 9.7% and would cost the Valley County an estimated $300,000 per year.


The commissioners have a budget hearing set for August 21st and this is when they would finalize the budget for fiscal year 2012-2013.

Commissioner Dave Pippin noted that this budget will have no increase in taxes and that the budget picture for Valley County looks good.

Bruce Peterson said that Valley County has excellent employees and they do an important job and it is important to hold on to them instead of losing them to higher paying jobs.


NO- you will not be able to convince me that I was better off under GW...

OFGS Oldtimer Unless Obama is the President of VALLEY COUNTY MONTANA your local unemployment has nothing to do with the conversation so let's look at the true Obama Unemployment rates shall we.


While the official US unemployment rate lies just above 8 percent, real jobless rates are almost three times that high in some states, with the national “real” unemployment rate lying at 15 percent in July.

The US government’s official unemployment rate, now at 8.3 percent, only takes into consideration those who have no job and are looking for work. This number is called a “U-3” rate. It does not count those who have stopped looking for work or who are working part-time.

The US Bureau of Labor Statistics takes these other factors into consideration for data it calls the “U-6” – and these numbers are shockingly higher.

U-6 data includes “discouraged workers,” which the Bureau defines as people not in the labor force, but want and are available for work and had looked for a job in the prior year.

Those who have not looked for work in the prior month are not included in the U-3 unemployment rate.

The national U-6 rate is 15.3 percent, but some states have a shockingly higher individual rate.

Nevada’s U-6 unemployment rate is 22.1 percent – the highest in the country. The rate is almost three times higher than what it was in 2007, at 7.6 percent.

California has a rate of 20.3 percent, while Rode Island lies at 18.3 percent.

Only three states have U-6 unemployment rates beneath 10 percent, and only one state (North Dakota at 6.1 percent, the lowest in the country) has a rate lower than the official U-3 unemployment rate.

Seems Your local Oil Boom Unemployment rates are NOT what is going on in the UNITED STATES OF AMERICA, the UNITED STATES OF AMERICA THAT OBAMA IS SUPPOSE TO BE THE PRESIDENT OF.
 

Tam

Well-known member
And since you don't seem to know what the price of gas was when Obama took office let's see if we can remind you shall we


The cost of gas was $1.84 just six days after President Obama's inauguration. ..
It was higher but Bush did something to get it back down to a price that People could afford.
But let's see how Obama is at keeping the price at what Bush had it back down to SHALL WE

AAA calls it the steepest one-month climb in gas prices since they started keeping track in 2000.

The average price for a gallon of regular unleaded Friday was $3.67, up from last month's $3.38. Diesel's up almost as much.

where is another comparison Oldtimer

http://startthinkingright.wordpress.com/2012/02/28/bush-vs-obama-on-gasoline-prices-in-one-very-simple-picture/


Seems your hero that campaigned on Energy Independence is not doing to good. I guess the 2 billion dollars of US Tax payer money Obama gave to CAMPAIGN DONOR Soros and his Brazillian oil company to develop Off shore drilling while he shut it down in the US which put US tax payers on UNEMPLOYMENT , has not paid off like he had hoped or MAYBE IT HAS. Who is buy this election for him Oldtimer?

Gee the hundreds of millions he handed over to the Green/Solar energy companies that donated to his campaign didn't fair well for the US tax payers either did they OLDTIMER?

Seems his campaign donors are making out OK, I guess we know who is investing in that soaring Stock Market now don't we Oldtimer it's Obama's Campaign donors, that are investing the tax payer money Obama paid them off with.

Go ahead blame Bush for the skyrocketing gas prices they are all to blame on him even thou he hasn't been in office for four years
Just how long do you think it will take you to stop blaming Bush for your incompetent hero's failed policies. :roll:
 

loomixguy

Well-known member
Oldtimer said:
NO- you will not be able to convince me that I was better off under GW...

That's because you are too dense or drunk to realize your area is having a boom, while the remainder of the country is in the Obamanure Bust. Don't bitch at the price of your winter feed/supplement this year....
 

Big Muddy rancher

Well-known member
So according to Oldtimer , Obama shut the rain off to the mid west US and Russia so Valley County could cash in with a good crop and high prices? :???:

Unemployment under 5%? How many of those people are working in North Dakota? How much drilling is going on Federal land compared to Private?
 

Sandhusker

Well-known member
Was the stock marker's performance under Obama a reflection of his business policies or a reflection of how low it was when he took office? Maybe we should look at all of the possibilities....
 

hopalong

Well-known member
oldtimer! put tires on your truck lately????or a tractor???? Bought any farm fuel lately???
Pull your head out of that deep dark stinky place you keep it and look around,

Under Bush the deficit rose at about 607 trillion a yr YES HIGH

Under obama it has been rising about 1.723 trilloin a yr or 1.116 trilloin a year more than under BUSH, :roll: :roll: and you say it is good :roll:

unemplyment in jan 2008 was at 5%
jan 2009 7.8%
jan2010 9.7%
jan2011 9.1%
jan 2012 8.3%
currently 8.3%

yep better under obama :wink: :wink:
 

Mike

Well-known member
The short-term effect of QE has been a minor plus for the Dow. But the down side is the inevitable inflation and the non-hiring of workers by those companies to save their cash for the really hard times.

For anyone to even think the current Dow is an upside indicator of the financial status of the Dept. of Treasury is assinine at best.

It is estimated by the CBO that the debt of the U.S. is $99.4 TRILLION (unfunded liabilities) added to the actual $16 TRILLION debt, leaving a number that CANNOT be paid off. EVER!

All indications are that the crap will hit the fan big time around the time of the election, regardless who wins.
 

Larrry

Well-known member
Mike said:
The short-term effect of QE has been a minor plus for the Dow. But the down side is the inevitable inflation and the non-hiring of workers by those companies to save their cash for the really hard times.

For anyone to even think the current Dow is an upside indicator of the financial status of the Dept. of Treasury is assinine at best.

It is estimated by the CBO that the debt of the U.S. is $99.4 TRILLION (unfunded liabilities) added to the actual $16 TRILLION debt, leaving a number that CANNOT be paid off. EVER!

All indications are that the crap will hit the fan big time around the time of the election, regardless who wins.

You nailed it.
notice the feeble minded couldn't even offer an explanation of what he thought obama did positively to make the stock market go up. He just drank more koolaid.
 

Tam

Well-known member
Faster horses said:
What about the head of the Dept. of Energy wanting gas to go to$8/gallon?

Obama and his band of radicals are so hell bent on paying back their green energy and enviromental campaign donors that they are willing to bankrupt every single American in their efforts to force elecrtic cars on them. They know nobody is going to willing buy a car that cost more to drive than the gas vehicle they have now so they have to make sure gas is priced out of everyone's range. When voters started complaining yes they took one step back in the race to $8. gas but then two steps forward. You can bet if Obama is re-elected gas will hit the targeted $8. You know when he will have MORE FLEXIBILITY and not have to worry about what the voters think of what he is doing, by EXECUTIVE ORDER.
 

Sandhusker

Well-known member
"NO- you will not be able to convince me that I was better off under GW..."

You know that I was no fan of Bush, but I don't see how you can say things are better with Obama using any measure. Bush's presidency can be summed with one word, "substandard". Obama's can be summed with another, "pathetic".
 

Larrry

Well-known member
So he wants more of the same for his fellow American, high inflation, high unemployment etc as long as he get's his big bucks for his wheat.
That has to be the most selfish libtards around.

Screw you all as long as I get mine.
 

Tam

Well-known member
Larrry said:
So he wants more of the same for his fellow American, high inflation, high unemployment etc as long as he get's his big bucks for his wheat.
That has to be the most selfish libtards around.

Screw you all as long as I get mine.

Isn't it comical that the very people Oldtimer supports and defend claim to be compassionate towards others, when you look at his reaction to whether he verses the COUNTRY AS A WHOLE are better off under Obama.

It is to He!! with the rest as long as Oldtimer gets his. But then that is the true left, they want others to have everything given to them as long as someone else has to pay for it.
 

Faster horses

Well-known member
Tam said:
Faster horses said:
What about the head of the Dept. of Energy wanting gas to go to$8/gallon?

Obama and his band of radicals are so hell bent on paying back their green energy and enviromental campaign donors that they are willing to bankrupt every single American in their efforts to force elecrtic cars on them. They know nobody is going to willing buy a car that cost more to drive than the gas vehicle they have now so they have to make sure gas is priced out of everyone's range. When voters started complaining yes they took one step back in the race to $8. gas but then two steps forward. You can bet if Obama is re-elected gas will hit the targeted $8. You know when he will have MORE FLEXIBILITY and not have to worry about what the voters think of what he is doing, by EXECUTIVE ORDER.

And OT won't be so smug, with $8 gas...

I hope Romney brings this up and Tam, I never thought about down the
road as you have. Excellent points you make. I see Obama's electric
car/$8 gas plan coming together. Scary!!
 

hopalong

Well-known member
Larrry said:
[


notice the feeble minded one couldn't even offer an explanation of what he thought obama did positively to make the stock market go up. He just drank more koolaid.

You mean to say oldtimer is clueless,,,say it isn't true?????\montany unemplyment rate was a little over 6% on May of 2012
EH oldtimer???
 

Soapweed

Well-known member
Tam said:
Larrry said:
So he wants more of the same for his fellow American, high inflation, high unemployment etc as long as he get's his big bucks for his wheat.
That has to be the most selfish libtards around.

Screw you all as long as I get mine.

Isn't it comical that the very people Oldtimer supports and defend claim to be compassionate towards others, when you look at his reaction to whether he verses the COUNTRY AS A WHOLE are better off under Obama.

It is to He!! with the rest as long as Oldtimer gets his. But then that is the true left, they want others to have everything given to them as long as someone else has to pay for it.

Yes, Tam, you summed that up very well. All of the Liberal elite (Oldtimer very much included) want everyone else to scrimp and save on energy usage, but they themselves are too good to comply. Look at Al Gore. He wants everyone else to live in a tent, ride bicycles, and use candles for light, while he himself flys around in a private jet, lives in a humongous mansion, and guzzles energy as if there were no tomorrow. Liberals are a disgusting lot.
 
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