What happened to judging Obama's Approval by looking at the markets?

steelmania75

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Mon Aug-03-09 12:19 PM
Original message

What happened to judging Obama's Approval by looking at the markets?

When the markets reached its lowest levels in March, critics of the President said it was because he was going to bring socialism into the free market. Now the markets seem to be recovering, and now the critics have moved toward the unemployment rate. That won't recover until 2010.

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liberal N proud

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Mon Aug-03-09 12:21 PM
Response to Original message

1. Can't have that!

The markets are doing too well

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steelmania75

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Mon Aug-03-09 12:23 PM
Response to Reply #1

2. I know, but at least it shows a sign of improvement, but we still have a long way to go

By 2012 if unemployment is between 5-7 percent, Obama will easily get reelected. Because the voters will judge him by the unemployment numbers, not the DOW.

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Warpy

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Mon Aug-03-09 12:24 PM
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3. Oops, the markets improved

although another dive this fall isn't out of the question as the reality of trying to do business without any customers starts to sink in.

The truth is that having the rabid right finally start to pay attention to employment numbers is a good thing because the media will be forced to follow. It's high time somebody linked the overall health of the consumer economy to the overall health of the consumers who support it, although they're not quite connecting those dots, not yet.

I'll believe the Democrats are committed to change in that regard when they repeal the tax credits for offshoring jobs.

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sinkingfeeling

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Mon Aug-03-09 01:17 PM
Response to Original message

4. Well, they must follow the 'down turns' not the things going 'up'. It's the law of the GOP.

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